if so , how much.
2007-12-19 15:46:42 · 9 answers · asked by Anonymous in Business & Finance ➔ Credit
Every time you make a credit inquiry, you score goes down a few points. If you have too many credit inquiries in a 12 month period, then creditors may start turning you down.
If you are getting turned down, try doing a quick clean up on your credit. It takes 30 days and you could be back to awesome immediately. Check out the article below to see how.
Hope this helps.
2007-12-19 17:29:56 · answer #1 · answered by E.T. Barton 5 · 0⤊ 0⤋
Your credit score goes down for the inquiry about 2-3 points
2007-12-19 15:51:28 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Yes. Anytime someone pulls your credit to see if you qualify for a credit card. There are "inquries" that do hurt your credit score a little. Just don't apply for to many things at the same time. That can hurt you and you will get denied for a credit card.
2007-12-19 15:51:05 · answer #3 · answered by Spurs_56 2 · 0⤊ 0⤋
Every time you are declined it hurts your credit. Repeatedly being turned down does not look good to other potential loaners. I'm no credit guru, but know that some things such as buying a house, or financing a vehicle allows a certain amount of requests before it costs you points. In other cases such as credit cards etc. I have no idea.
2007-12-19 15:52:25 · answer #4 · answered by jwplaster 4 · 0⤊ 0⤋
Yes, you lose points off your score, but I don't know how many each time. And the more inquiries you have, the more likely you are to be denied. Check your credit report and figure out why you're getting rejected if you don't already know, before you keep trying to apply. I had that problem and it turned out to be a mistake on my report.
2007-12-19 15:50:47 · answer #5 · answered by GreenIYD 5 · 0⤊ 0⤋
Every credit application dings your credit. If you apply for several cards within a short timeframe, it will take a big bite out of your score.
Did you ask why you were not approved? Always a good idea to find out why.
2007-12-19 15:51:27 · answer #6 · answered by bdancer222 7 · 1⤊ 0⤋
Every time someone checks your credit history your credit score can go down about 10 to 15 points, and therfore affecting your credit.
2007-12-19 16:02:53 · answer #7 · answered by happy2beme60 4 · 0⤊ 0⤋
If you try to open too many accounts at once it can go down, because there will be a lot of what are called "inquiries" on your account. It is hard to say how much, and there won't be an exact number. It depends on a lot of factors.
2007-12-19 15:51:01 · answer #8 · answered by Anonymous · 0⤊ 0⤋
yeah, duh.
2007-12-19 15:54:32 · answer #9 · answered by Anonymous · 0⤊ 0⤋