Does the Amount of Credit Pulls Really Matter?
Many people seem very concerned how many times their credit bureaus are pulled. What those people don’t realize is that how many times a credit bureau is pulled is only 10% of how a credit score is determined. 35% of a score is based on payment history. 30% is based on how much is owed compared to what the limit is and 15% is based on the length of credit history or how long credit has been carried for. So wouldn’t it make more sense to pay more attention to when credit is paid or how much is owed vs limit then if credit is pulled an extra time when between these two items this is 65% of a credit score weight?.