topic Re: Credit pulls in Credit Card Applications

Credit pulls

theonlyway — Mon, 10 Aug 2015 22:38:51 GMT

When you apply for credit cards to compare rates and rewards, does it look like individual hard pulls? When I applied for auto loans they had mentioned that if I apply for multiple loans to compare rates that they wouldn't ding my report multiple times, and I was wondering if that applied to credit cards as well?

Re: Credit pulls

Skye12329 — Mon, 10 Aug 2015 23:08:03 GMT

I'm confused what you mean to check rates? If you mean pre qualify rate checking that's a SP until you apply.

If you apply for any card its a separate pull each time/card.

Re: Credit pulls

Anonymous — Mon, 10 Aug 2015 23:09:18 GMT

@theonlyway wrote:
When you apply for credit cards to compare rates and rewards, does it look like individual hard pulls? When I applied for auto loans they had mentioned that if I apply for multiple loans to compare rates that they wouldn't ding my report multiple times, and I was wondering if that applied to credit cards as well?

No it does not.

Re: Credit pulls

Anonymous — Tue, 11 Aug 2015 13:35:17 GMT

Each time you apply for a credit card a HP is done unless the application says otherwise. There are some instances when a credit application is a SP. Make sure to read the application carefully before submitted it.

You don't need to apply for a credit card to compare rates and rewards. Sometimes preapproval apps come with a set APR. Or you can do research on the card beforehand and you will usually find a range or specific APR and rewards listed for the credit card. Hope this helps. Good luck!!!

Re: Credit pulls

Anonymous — Tue, 11 Aug 2015 22:47:24 GMT

@theonlyway wrote:
When you apply for credit cards to compare rates and rewards, does it look like individual hard pulls? When I applied for auto loans they had mentioned that if I apply for multiple loans to compare rates that they wouldn't ding my report multiple times, and I was wondering if that applied to credit cards as well?

You may need to rephrase your question, unsure of what you are asking.

Re: Credit pulls

Anonymous — Tue, 11 Aug 2015 22:48:24 GMT

@theonlyway wrote:
When you apply for credit cards to compare rates and rewards, does it look like individual hard pulls? When I applied for auto loans they had mentioned that if I apply for multiple loans to compare rates that they wouldn't ding my report multiple times, and I was wondering if that applied to credit cards as well?

You may need to rephrase your question, I'm unsure of what you are asking.