Credit Card App impact on Credit Score
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Thread created 06-21-2012 by msvista
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8 Replies
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How does credit score get impacted if one applies for 2/3 credit card almost at the same time?
Is it advisable to open/close credit card in same week and get may be one time credit hit or what?
Credit Card App impact on Credit Score
Expired
Thread created 06-21-2012 by msvista
0 Score
8 Replies
1,538 Views
Thanks for the info.
Credit Card App impact on Credit Score
Expired
Thread created 06-21-2012 by msvista
0 Score
8 Replies
1,538 Views
I strongly believe the above statement is false. When you apply for a loan or line of credit, banks will pull from all 3 bureaus and of course they will pick the report with the worst score to go...
Credit Card App impact on Credit Score
Expired
Thread created 06-21-2012 by msvista
0 Score
8 Replies
1,538 Views
I always try to do multiple hard-pulls at once. I have only done different banks and it has, for the most part, worked out well. For instance, if I applied for Chase's Slate card for the 0% BT offer...
Credit Card App impact on Credit Score
Expired
Thread created 06-21-2012 by msvista
0 Score
8 Replies
1,538 Views
cc apps each count as a hard hit, what you can do is apply for several cards with the same bank and they will only have 1 hard hit, but be warned a lot of banks won't issue you you more than 1 card...
Credit Card App impact on Credit Score
Expired
Thread created 06-21-2012 by msvista
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8 Replies
1,538 Views
Sure :thumbup: I applied for 3 citi cards and got 2, that's the only bank that I was successful with.
Credit Card App impact on Credit Score
Expired
Thread created 06-21-2012 by msvista
0 Score
8 Replies
1,538 Views
Keep in mind that there are 3 main credit bureaus (Experian, Equifax, Transunion). Most banks will pull your report from only 1 bureau when applying, but others are known to pull all 3 (such as...
Credit Card App impact on Credit Score
Expired
Thread created 06-21-2012 by msvista
0 Score
8 Replies
1,538 Views
Sorry to say, but you're wrong on this.
What I've stated above is a well known fact in the credit enthusiast community. And just in case you didn't read the entire thread, we're talking about...
Credit Card App impact on Credit Score
Expired
Thread created 06-21-2012 by msvista
0 Score
8 Replies
1,538 Views
interesting, and you know what I think you're right for credit card, learned something new today :) But my theory may still be true for bigger loans such as auto loan, heloc, and mortgages.
