Reply
Valued Contributor
Posts: 2,110
Registered: ‎12-29-2011
0

Re: Just got Barclays.. need to go car shopping


iCoop wrote:

justcallmetj wrote:

Hi ALL!

 

I just received 2 Barclays cards this past weekend, and I've been reading a lot about how Barclays hate's new inquiries after extending a LOC. The thing is, I plan on going car shopping next month/possibly december and I will be app'ing for the best interest rates. I know numerous auto loan app's count as 1 hard inquiry if done within a week or so..

 

Am I looking for trouble? 


I guess my main question is why did you just apply for two credit cards if you're looking for the best interest rate on an auto loan... You should always hold off on app'ing if you're about to apply for a large loan such as that for an auto loan or mortgage. Save the credit card inquiries for after you have secured the main loan.


+1

 

The truth is out there...
FICO scores: 764 (EQ) 732 (EX) 757 (TU) 9/14 | Goal score: 750+ (all 3)
Tradelines: Capital One QS NPSL (5.0k) | Discover IT (6.0k) | Walmart Mastercard (5.0k) | Chase Freedom NPSL (7.3k) | Citi Simplicity (9.3k)






Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.