Does MyFICO perform a hard credit inquiry?

No, MyFICO does not perform a hard credit inquiry when individuals sign up for their services or wish to view their own credit reports or scores. Hard inquiries are usually conducted by lenders when an individual applies for credit, and they can potentially lower a credit score by a few points. MyFICO provides consumers with access to their FICO scores and credit reports from the three major credit bureaus, which is considered a soft inquiry. Soft inquiries do not negatively affect credit scores as they are not tied to a new credit application. Therefore, using MyFICO to check one’s own credit information is not harmful to one's credit score.