Re: can applying for a credit card raise a credit score?
10-06-2012 06:40 PM
Probably the latter. It would take the account to appear for a change in score - the hardpull inquiry would actually lower your score. However, if your new CL decreases your utilization significantly, adding a new account could help your score.
Current Scores: Equifax: 738 (Fako) TransUnion: 721 (Fico) Experian: 717 (Fico)
Disclaimer: I am by no means a financial advisor. My posts are based on opinion, experience, and/or knowledge.