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Will multiple credit card inquiries affect the chances of getting a home equity loan?
Wiki User
∙ 14y ago
Multiple inquiries will not affect your chances, the only way it would affect you getting a home loan is if your credit score was impacted. Be careful with applying for credit cards, the inquires affect your score negatively.
Wiki User
∙ 14y ago
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Does getting denied for a mortgage loan affect your credit score?
Yes, but not to the severity you must be thinking. Inquiries from banks viewing your credit score and report will lower your score by a few points, and excessive inquiries will hurt your chances of any lines of credit. Just don't apply for too many loans or credit lines (2 max a year) within 5 years of your expected application.
How does bad debt affect your chances of getting a loan?
A bad debt can affect your chances of getting a major loan such as a house loan. Bad debts lower personal credit ratings and banks are opt to reject loan applications because of this.
How does personal loans credit inquiries affect your credit score?
All inquiries in excess of 3 in one year negatively affect your credit. The more you do it the lower it will get.
How does it affect your chances of getting a mortgage if you are the cosigner for someone's apartment?
It should not affect your chances at all unless the payments are delinquent and end up affecting your credit score. Your credit score is the first the lenders look at when decided what type of loan you qualify for.
Can getting a new credit score affect your credit score?
If a consumer does multiple inquiries into their credit file, your score will drop, especially if your inquires are from credit card companies. The theory is: a consumer may not have enough money and needs more credit to sustain his/here lifestyle which bring in more debt, thus applying for more credit.
Will plagiarism affect your chances of getting into University?
It most likely will.
Does having a ticket for theft on your permanent record affect your chances of getting a job in Texas?
Of course it does. Any record affects your chances of getting a job.
Will a few typos on a cover letter affect your chances of getting hired?
It does not necessarily mean you will not be hired but it is likely to reduce your chances.
Does getting denied for a mortgage loan affect your credit score?
Yes, but not to the severity you must be thinking. Inquiries from banks viewing your credit score and report will lower your score by a few points, and excessive inquiries will hurt your chances of any lines of credit. Just don't apply for too many loans or credit lines (2 max a year) within 5 years of your expected application.
How does personal loans credit inquiries affect your credit score?
All inquiries in excess of 3 in one year negatively affect your credit. The more you do it the lower it will get.
How does bad debt affect your chances of getting a loan?
A bad debt can affect your chances of getting a major loan such as a house loan. Bad debts lower personal credit ratings and banks are opt to reject loan applications because of this.
Will an auto repossession affect your chances of getting a loan for graduate school?
Only if you are getting a private loan. If you get a government loan it will not affect it since they will only hold govenment debt against you.
What do you do when a class mate who is a compulsive liar starts to affect your chances of getting a good degree?
If their lies are about you then that is slander. You can sue them
Will you have a normal childbirth even if your tubes are tied?
Tubal ligation only affects your chances of getting pregnant, it does not affect childbirth.
Does geritol affect Depo-Provera?
Depo-Provera is very effective birth control method, chances of getting pregnant while using Depo is very, very small. Geritol is a brand of vitamins that will not effect your chances of getting pregnant.
How does it affect your chances of getting a mortgage if you are the cosigner for someone's apartment?
It should not affect your chances at all unless the payments are delinquent and end up affecting your credit score. Your credit score is the first the lenders look at when decided what type of loan you qualify for.
Can getting a new credit score affect your credit score?
If a consumer does multiple inquiries into their credit file, your score will drop, especially if your inquires are from credit card companies. The theory is: a consumer may not have enough money and needs more credit to sustain his/here lifestyle which bring in more debt, thus applying for more credit.
