Applying for several credit cards in a short period results in multiple hard inquiries on a credit report, which can negatively impact a credit score and make the applicant appear as a high-risk borrower.

Authors

• Person: Not available Organization: Consumers Credit Union
  7 Things That Can Damage Your Credit Score - Articles

Sources

• 7 Things That Can Damage Your Credit Score - Articles www.consumerscu.org Consumers Credit Union via serper

Referenced by nodes (3)

• credit report concept
• credit card concept
• credit score concept