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If I apply for 2 credit cards, will this bring my score down?
@garci349 wrote:If I apply for 2 credit cards, will this bring my score down?
Yes it will permenantly destroy your credit! just kidding! When you apply for a new credit line the inquiry will hurt you 2-5 points on average. Also new credit lines will lower your Average age of accounts. If you have a solid credit history it's nothing to worry about really. The scores rebound will rebound pretty quickly.
Haha !
Rebound?
Rebound as in go back to where they were prior to the app. Give it a few weeks to a couple of months and the few point ding will be gone.
Temporary