New blog article: How to Shop for a Credit Card and Minimize the Impact to Your Credit

[Elizabeth_FICO]

Hello everyone! If there's a new blog article that I think you guys might like I plan on posting it in the Forums.

This week's article is: How to Shop for a Credit Card and Minimize the Impact to Your Credit

Let me know what you think about the article.

For more content don't forget to check out our blog.

[Anonymous]

I do like the advice to not jump at the first offer you receive.    The fact that a bank has preapproved you says more about your desireability to them than vice versa (and may say very little anyway).   Prescreen/preapproval doesn't guarantee acceptance and most of us have successfully applied for credit cards with no prior preapproval.  So always evaluate, basically asking "If I hadn't received this preapproval, would I have been interested in this card?"   

For new rebuilders the pressure to go for it is understandable ("I need a credit card and they are sort of offering one!") but still do the homework.