AllShawn
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What happens to your credit score if many lenders run a credit report on you?
A. Your credit score is not affected
B. Your credit score is inaccurate
C. Your credit score goes up.
D. Your credit score goes down.

Respuesta :

hamsterless1290

Answer:

D

Explanation:

Too many credit inquiries in a short enough period of time will put a tiny dent in your credit score.

chilljain33

In case, many lenders run a credit report upon an individual, it affects the credit score negatively. Hence, option D is correct.

What is a credit report?

A report that discloses the details of the credibility of an individual in the open market, is known as the credit report. It is impacted by loans or advances and their repayments.

If someone applied for loans with multiple lenders, and they run a credit report on such person, it lowers the credit score of an individual, as it raises a contingency upon his or her credibility in the open market.

Hence, option D holds true regarding the credit report of an individual.

Learn more about credit report here:

https://brainly.com/question/2989702

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