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Maximum number you can apply for

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SirCredit
Valued Member

Re: Maximum number you can apply for


@Anonymous wrote:
I see all these discussions on these forums about applying and trying to get all these cards. Assuming they have a good enough credit report, wouldn't it be a good idea to just apply for all of them all at once within seconds/minutes of each other? How would each institution know you applied to a bunch of other institutions when it takes time for the inquiry to post? Unless there's some other credit application data system that creditors can see, seeing up to the minute/second credit applications 

Many cards are backed by the same bank, so they will see internally. MAYBE... unless you are able to have the application filled out to 6 diff cards with 6 diff banks open in 6 diff browser windows and you try and hit submit all at once... Would be curious to see someone try Smiley Happy 

Message 11 of 16
Anonymous
Not applicable

Re: Maximum number you can apply for

I always get an email that I have a new inquiry before the browser with the app even spits out a decision. So basically it takes seconds for the inquiry to register.
Message 12 of 16
Anonymous
Not applicable

Re: Maximum number you can apply for

Even if they don't see it at the time, they'll eventually find out that they're not the only girls you invited to prom that day, so to speak.  

 

Banks tend to be somewhat jealous.  I don't see any reason to try to "trick" them with rudimentary parlour tricks.  It will likely come back to bite you.  If your profile supports it, there's no need.  If it doesn't, then you should probably rethink your plan anyway.  

Message 13 of 16
Anonymous
Not applicable

Re: Maximum number you can apply for

How long does it take you guys before you are alerted/see the corresponding inquiry on your credit report after applying for various credit from various institutions?
Message 14 of 16
Anonymous
Not applicable

Re: Maximum number you can apply for

Under 10 seconds.
Message 15 of 16
Anonymous
Not applicable

Re: Maximum number you can apply for

It is usually within seconds.

 

Excluding one card I applied for which took a couple of days but the company only does manual reviews and approvals from my understanding.

Message 16 of 16
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