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"They have zero impact on your score," said Steven Katz, a spokesman for Trans Union one of the three major credit bureaus.
"You can't cheat on your score because you can't cheat the computer," Mr. Kwon said.
Revolving debt is riskiest for the lender, so it has more impact on your score.
In the future, brands and even potential employers could conceivably make decisions about you based on your score.
"In competitions, you have to wear black shoes at the oche, you can no longer smoke indoors, and theres no judge deciding on your score.
Even if the inquiries span more than two weeks, it's generally worth the effort because the potential savings outweigh a minor impact on your score, he said.
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MR: Any artists on the pop scene that you would like to have sing on one of your scores?
"We don't believe it's going to have a huge impact on your scores".
Judge each candidate's performance based on the set of criteria used in class and then predict who will win the election based on your scoring.
Reflect on your scores.
Repeat the steps after a month and see if you have improved on your scores.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com