*Loan,banking and credit>>>credit report

Is it true, every time my husband pulls his credit report it goes down ?

If this is true how many points will it go down? Also he never filed bankruptcy so no bankrupt answers please.He does not have a bunch of bills anymore either he paid them all off when he sold his house.So no answers about owing money.Thanks!

No...personal inquiries don't make your score go down.

If he is pulling his credit report online (such as the free credit report available), then it will not affect the credit score. If he is having lots of loan merchants run his report then that could affect his score. The online reports for your own use does not ding the credit. The report that someone uses to determine whether or not to extend him credit can (if he is doing a lot of them).

One thing to watch out for is the addons that some of these online places will throw in. There are many different reports that will include a credit monitoring service. You have to read the user agreement carefully to find out about it.
agree w/1st answer- no points lost for personal
You only need to pull your credit report once a year (and it's free!), twice if your anal about.
And as far as I know, when you pull your own report, IT DOES NOT REDUCE YOUR SCORE. However, that being said, if he applies for a loan from every place in town, they'll be hitting his report so often that yes, then his score will be hurt, but only by a couple of points per agency requesting it.
Yes...recent credit inquiries do pull your score down. There is no way to tell how much or by how many points. Past (6 months or before) inquiries do not have any effect either way.
Never let anyone shop your credit application when applying for a car. There was a new law passed for mortgage lenders that you can shop up to 5 mortgage companies without your score being affected. Any more than 5 mortgage companies, and it does affect it.
Loan officer for 10 years
No. When you pull your own credit it's whats called a soft pull and does not count against you.

It's only when you apply for credit and someone else pulls your credit then it's a hard pull and it counts 3-5 points.

The exception to this is when you are looking for a vehicle or a home. Then all pulls within a 14-day period are lumped together and only count as one. They all show on your report but you are only dinged once.