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 Does applying for a credit card hurt your credit score?

Answer Applying for a credit card grants the credit card company permission to conduct a credit inquiry. Some forms of credit inquiries, like those performed by lenders and prospective creditors, can redu... Read More »
http://www.answerbag.com/q_view/2199906

Top Q&A For: Does applying for a credit card hurt your credi...

Does Applying for a Credit Card Affect Your Credit Score?

Credit cards are a fact of life, and for some a way of life. Many factors determine whether they're an asset or a liability. Your credit score determines what you will pay for more credit, future c... Read More »
http://www.ehow.com/about_6572053_applying-card-affect-credit-score_.html

Will canceling credit cards with high available credit hurt my credit score?

Closing a credit card with a high available credit limit will lower your available credit, as well as remove some of your credit history. Typically, it does lower a borrower's credit score, althoug... Read More »
http://www.answerbag.com/q_view/2093143

Will securing a card for business hurt my credit score?

New credit accounts for 10 percent of your FICO score. Applying for new credit actually helps your score, unless you apply for several new accounts at once. If so, that may lower your score, since ... Read More »
http://www.answerbag.com/q_view/2237496

Does it hurt your credit score to not use credit cards?

On One Hand: Not Using Credit Cards Is WiseIf you know that you don't have the money to make the monthly payments for a credit card, it's best not to use one. According to John Ulzheimer (courtesy ... Read More »
http://www.answerbag.com/q_view/1972216


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