How many times can i try and.get a credit card b4 it hurts my credit report?
Answers:
There is no set number, but you're right in believing that too many attempts at opening new accounts will lower your credit score.
If you're getting turned down, you probably want to take a look at why and whether the problem can be fixed. If you're getting approved and just opening more and more, it is probable, but not guaranteed, that exceeding two will drag you down.
No more than 3 times in a 6 month period.
ive been told that every time a credit report is done on me i take a hit
Each time there is an inquiry on your credit, it hurts your score. I suggest only applying for those with 0% interest for one year, unless you can pay the bill off in full each month.
Each time you inquiry abut credit, your record is checked and each hit decreases your points. Be careful and try not to do it. Once you are declined by one company, dont try another, they only will check your credit again to find the same issue. If you have revolving credit already, make sure to keep on top of it and make your payments on time. It is very cruicial in obtaining any credit in the future.
Everytime you apply for any kind of credit and are turned down it has a neg effect on your report. A "red flag" stays on your report for a certain amt of time (like 90 days). If you have applied and a re turned down, don't try again. the 2nd co could see the first and turn you down just because. You need to wait until it's cleared off before you try again.
after one time, to many times can hurt your score
do you really need a credit card? If you tried so many times to get one there is maybe a problem with your credit.
pay cash and only spend to money you have.
it's maybe better!
You lose one point for every 4 Credit Cards you get.
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http://www.bestcreditrates.net
$ times a year is ideal no more!
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