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If you apply for a credit card and get rejected does that affect your credit score?

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βˆ™ 2008-12-30 02:07:35

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It can affect you for short time. If you want to build your credit, probably the best method is to apply for a secure credit card (Bank of America for example). This card works like a regular credit card, only you're using your own money. Let's say you put in the account 500$; you will have a credit with 500$ limit. Nobody can see that you have a secure credit card 'cause it's working like a unsecured one. That card should help you increase your credit score.

2008-12-30 02:07:35
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Q: If you apply for a credit card and get rejected does that affect your credit score?
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