haulingthescoreup wrote:The difference is between those who understand the implications of frequent apps and accept them, because they see some perceived benefit in the card, and they suck up the negative impacts on their credit profile, vs those who mindlessly app for anything at all, knowing that it damages their credit profiles AND knowing that there's a good chance that they'll be declined AND knowing that if they're approved, there's a good chance that it will be a crap CL and APR.
There's calculated risk, and then there's blind, mindless apping.
I would think that most who read these forums will have a pretty good idea on where they stand and how these apps can affect their credit.
Sure, I agree the indvidual needs to determine whether certain benefits derived from receving a card merits the risk and price paid.
