1 ACCEPTED SOLUTION
Accepted Solutions
With 16 cards, and more than 25 INQs in the last two months, I'm going with... STOP!!! 
I think that you're running the risk of some serious adverse action, and possibly headed towards some "bad credit" mistakes if you don't put the brakes on. Perhaps it's time for long-term planning, rather than short-term gratification. You mentioned in another thread that you tend to apply for credit when you get bored. How do you feel about gardening as a new hobby? 
Getting new cards is fun and exciting, but believe me-- the new will wear off, and the consequences will shine through. If you don't have an absolute need for new credit, and you're invested in keeping the credit that you've got, slow down and make a long-term plan. If there is a card(s) that you want, and you're unlikely to get NOW because of the number of new accounts and INQs, then write it down, write down the steps or the changes that you need to make to get there, stick with the plan, and...
CHECK INTO THE TL-CYJ CENTER FOR GOODNESS SAKES! I think we'll need to house you on the maximum security ward, and assign a 24/7 guard. And, you're getting plastic cutlery-- in case you're thinking of tunneling out. 
Remember; The first step to recovery is admitting that you have a problem. We'll give you a pass out of the maximum security ward to let you come to the group sessions for Appaholics Anonymous.
mandela wrote:
hey scorebuilding,
Yes i have been denied recently because of too many inqs.
hey mandela,
while approval criteria for different lenders varies, in general they rely on compelling data that predicts excessive inquiries are a clear indicator of increased risk for default and many ccc's will deny for that reason alone. i'm not a knowledge guru- but if you have ascertained that you need more credit, can you hunker down with some credit gardening and work strategically on cli's (and perhaps apr reductions as well) with current lenders as you pay down any balances you may have?
i agree with mjbfan that waiting at least a year to age off the point damage of the inqs and see where you are then, before apping, could be quite beneficial to your 'approvability'. i typically prefer not apping at all 
or at least to let inqs age off completely b4 apping since most of the lenders i am interested in now seem to really not like inqs and i don't like too many on my report either
i can assure you that it's inadvisable to view revolving credit as a personal loan in general and in particular in this climate. try to ensure that you are aware of the diferences while you are deciding which path to take and perhaps post in General Forum if you are thinking about a personal loan for the best responses? if you need some additional support with the app finger, you could check out the new but already highly regarded Tough-Love Cool Your Jets Center. GL!
With 16 cards, and more than 25 INQs in the last two months, I'm going with... STOP!!!
I think that you're running the risk of some serious adverse action, and possibly headed towards some "bad credit" mistakes if you don't put the brakes on. Perhaps it's time for long-term planning, rather than short-term gratification. You mentioned in another thread that you tend to apply for credit when you get bored. How do you feel about gardening as a new hobby?
Getting new cards is fun and exciting, but believe me-- the new will wear off, and the consequences will shine through. If you don't have an absolute need for new credit, and you're invested in keeping the credit that you've got, slow down and make a long-term plan. If there is a card(s) that you want, and you're unlikely to get NOW because of the number of new accounts and INQs, then write it down, write down the steps or the changes that you need to make to get there, stick with the plan, and...
CHECK INTO THE TL-CYJ CENTER FOR GOODNESS SAKES! I think we'll need to house you on the maximum security ward, and assign a 24/7 guard. And, you're getting plastic cutlery-- in case you're thinking of tunneling out.
Remember; The first step to recovery is admitting that you have a problem. We'll give you a pass out of the maximum security ward to let you come to the group sessions for Appaholics Anonymous.