Immediate credit card care service
|
 |
Does it go against your credit score when you apply for a credit card? |
0% Intro APR for 15 Months. 5% Cashback Bonus.
Apply for a Credit Card Today! An Excellent Credit Card for Rebuilding Credit Scores.
 |
|
Date:
October 2, 2007, 8:11 pm |
 |
Does it go against your credit score when you apply for a credit card? |
|
Answer:
It is difficult to answer this question for sure. It depends on too many factors actually - on your history and credit score, on the number of cards you have, etc. You should have a couple credit cards in good standing (you pay on time) open at any time. 3 or 4 with high credit limit is an ideal situation. Too many inquiries might mean that you're taking on too much debt, and that is a risk for lenders. That's why if you apply for too many cards in will decrease your score (because if you want too much credit, this is a risk for banks). If you do not apply too often and have a couple of credit accounts in good standing, it is ok and your score will not be damaged. |
|
|
|
 |
All content. Copyright © 1999-2012.
Credit-Land.com, Inc.
All rights reserved. |
|
|
