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Multiple Credit Card Approvals

Regular Contributor

Multiple Credit Card Approvals

Hi Guys...

 

Just curious... How does getting approved for 2 credit cards at one time affect my score?

 

 

2 REPLIES
Established Contributor

Re: Multiple Credit Card Approvals

The inquiries will have a more immediate effect and lower scores a bit. The cards themselves won't effect you in any way until they first report. After that, it depends on a whole host of variables (total accounts open, total utilization, debt-to-income, etc.)

 

tl;dr: It depends.

      
Highlighted
Senior Contributor

Re: Multiple Credit Card Approvals

Without a complete credit profile, it's hard to say.  It good be significant or it might be minimal; it all depends on what was on file before.