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Does credit score change monthly?
YES
Does not activating a credit card harm your credit score?
No, but it doesn't help your credit score either. In order to build and maintain your credit score, you need to use credit on a monthly basis.
Does you credit score change daily?
The technical answer is yes. Your creditors report information about your accounts monthly, but if you have an inquiry or some other change that affects your score it will change very quickly. If you have a 640 score on Monday and have 10 inquiries that day, the score on Tuesday will be different.
What can bring down your credit score?
you credit score will go down if you are not paying your monthly bills on time, in order for you to increase your credit score you have to pay your credit bills on time or in full.
Will a credit check ruin your credit score?
No, if you fill out applications to open a line of credit then that will change your credit score but simple inquires of your personal credit score will not ruin it. It is better to keep an eye out on your score and report to make sure no one has opened an account in your name or to dispute anything that doesn't seem right on your report. Always pay your bills on time and more than the monthly payment to increase your score. A Excellent score is above 800 points and 700-799 is a good score.
