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Why does checking your credit score lower your credit score?

Asked by chyna (51320points) September 8th, 2011

I have heard that checking your credit score multiple times lowers your score. I was going to compare insurance rates, but they all want to do a credit check before they give me a rate. Which in turn will lower my credit score, which in turn will raise my insurance rate. Can someone make sense of this and explain it to me?

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