Comments on: Does getting quotes from car insurance companies lower your credit score?

By: Samantha A

Samantha A — Sun, 12 Jul 2009 12:17:59 +0000

That is correct. I would use an insurance company that doesn’t run a credit check.

Hope this helps
References :
http://www.landainsurance.com

By: ANN R

ANN R — Sun, 12 Jul 2009 11:47:59 +0000

Perhaps You could google it first ,nonetheles, if you perfer some direct resource ,here http://www.AutoInsuranceIdeas.info/auto-insurance-free.htm might be your choice.

References :

By: Pal G

Pal G — Sun, 12 Jul 2009 11:29:59 +0000

No it does not. While insurance companies do look at a persons credit now to help set rates, this is a soft pull and has no affect on your credit score.

I’ve had good info about it here:

http://autoinsurance.hotusa.org

Hope that helps.

References :

By: ElGuapo

ElGuapo — Sun, 12 Jul 2009 11:02:59 +0000

The credit bureaus differentiate between a "voluntary" and "involuntary" credit check, and it does temporarily lower your FICO score if you initiated the request. (Incidentally, a person checking their credit history on their own is considered "involuntary" and does not impact your score.) This isn’t a reason NOT to apply for credit, but it does mean you should avoid making any small credit applications just prior to a big purchase, like a home.
References :
http://www.myfico.com/CreditEducation/