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Can applying for financing hurt your credit for example you apply and they do a credit check does that affect your credit score?
Wiki User
∙ 16y ago
Yes. All inquiries on your report lower your score. However, if you are "shopping around" for the best rates on either mortgages or auto loans, then after the first inquiry you have 14 more days to shop around. In those 14 days no matter how many inquiries of those 2 types are reported, it will only count as one inquiry.
Wiki User
∙ 16y ago
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Does your credit score affect the interest rate when you apply for home financing?
Your credit score can possibly affect your interest rate when you apply for home financing. If you have a low credit score, you are considered a higher risk to the bank, and therefore, they may raise your interest rate.
How much will applying for financing will affect your credit?
Too many "hits" on your credit rating could be cause for a lower rating. Too many "hits" signifies to most lenders and credit agencies that one is desperate for additional monies ... monies that they need to make purchases for things they cannot afford.
Does my applying for a credit card affect my spouse's credit score?
no it doesn't as long as you both don't at the same time.
What is a credit card affiliate and how will it affect someone applying for a credit card?
Credit card affiliates offer credit card customers exclusive deals and incentives for using a credit card. This does not affect an application as the enrollment in the program is voluntary.
How does financial aid affect your credit score?
Im applying for financial aid for my house payment. will it effect my credit score
What are the various methods of health care financing?
There are several different ways to get financing for medical care. Some of those methods are taking out a loan, applying for a health care credit account, and applying for charity funds.
Where can I get Credit Score Advice before I apply for house financing?
There are several companies where you can credit score advice before applying for financing when looking into housing. One website that provides credit score advice is: http://www.bills.com/loans/.
How might one qualify for an auto loan with bad credit?
One might qualify for an auto loan with bad credit by applying for dealer financing. It is best for one to know their credit score before applying for an auto loan.
Does your credit score affect the interest rate when you apply for home financing?
Your credit score can possibly affect your interest rate when you apply for home financing. If you have a low credit score, you are considered a higher risk to the bank, and therefore, they may raise your interest rate.
Does applying a payday loan harm your credit score?
Applying for a Payday Loan will not affect your credit Rating. Some lenders do not need a credit check to approve a loan for you.
How much will applying for financing will affect your credit?
Too many "hits" on your credit rating could be cause for a lower rating. Too many "hits" signifies to most lenders and credit agencies that one is desperate for additional monies ... monies that they need to make purchases for things they cannot afford.
Does credit score affect an application for citizenship?
Your credit score is not a consideration when applying for US Citizenship.
Where can one go to be approved for car financing?
One can go to be approved for car financing at a local car dealer and applying there. One of the most important things you will need is good "credit".
Are there any companies that offer bad credit semi truck financing?
It really depends on where you live. There are many dealers that are willing to help someone with bad credit. Also, you can try applying for financing at http://www.capitalsolutionsonline.net/semi-truck-financing.html
Does my applying for a credit card affect my spouse's credit score?
no it doesn't as long as you both don't at the same time.
What is a credit card affiliate and how will it affect someone applying for a credit card?
Credit card affiliates offer credit card customers exclusive deals and incentives for using a credit card. This does not affect an application as the enrollment in the program is voluntary.
Where might a teen apply for loans to study abroad?
Financing for studying abroad can obtained by applying for scholarships and grants, applying for financial aid loans and through personal loans from banks or credit unions.
