Valued Contributor
Posts: 1,972
Registered: ‎01-24-2012
Re: store clerk tricked into opening card

panda21 wrote:

Well, I noticed that a paper that came with the card says that they can't begin sharing my information until 30 days has passed. Does that mean that I can cancel the card within those 30 days without penalty to my credit score? 

I am sure that means sharing your information with affiliates and possibly marketing companies, not the credit bureaus. You can of course try, if you want to.


martinkk wrote:

I'm curious. If OP closes and inquiry stays then won't it look like he was denied credit to creditors pulling his credit later? 

Lenders do not care if you are approved or not when they look at inquiries; they can not see if you were approved or not when looking at it either.