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yes your credit score goes down everytime you apply

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13y ago

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Related Questions

Does getting denied for a loan affect your credit?

You were probably denied your loan application BECAUSE of your credit rating. It should be possible to find out what your credit report says about you - see the link below.


Does being denied a car loan lower your credit score?

yes, when you apply for an auto loan and get denied, it will hurt your credit. first, just applying for credit is a hard hit by 2 to 5 point lost.


Can you get a no money down loan with credit score of 780?

It is highly likely. This is a good credit score.


Is having a 600 credit score hinder me from getting a home loan?

Hi, I think it will be hard on you. I got denied many times with a 680 credit score. I thought that was a high score.


How do I check my credit score?

You can get all 3 of your credit score each year at anuallycreditreport.com. Also if you applied recently for a home loan and were denied you can receive your credit report free through them.


What does a 672 credit score mean?

According to: http://www.bad-credit-advisor.com/fico-credit-score.html, a score of 672 is ok. You won't be denied, but the terms of your loan are not going to be too generous.


How much does it cost to get my credit score?

All consumers are entitled to a copy of their credit once a year or if they were just denied a loan. This is to ensure the accuracy of the report.


Can I apply for a $5,000.00 loan and pay it in 36 months?

You can apply for a loan and pay it off in 36 months, however if you have a low credit score you may be denied.


How long before a loan shows in your credit score and how many points will it increase?

typically, a credit score will go DOWN a little when you get a loan or have any inquiries on your personal credit information. The credit score usually goes up after there are reports that you have made timely payments on a loan and after you have some assets that are of real value.


What type of credit score does someone need to get a no down payment home loan?

If a person wishes to get a no down payment home loan he or she needs an acceptable credit score so that the loaner is convinced that the person has adequate income to repay the loan. Usually 620 or higher is expected.


What does it mean to have a loan withdrawn?

Denied a loan; or depending upon the wording, borrowing on a loan...such as revolving credit...a credit advance.


My Credit score is 764 what rate should I expect to be getting for a home mortgage with no money down or can I even qualify for such a loan?

I have the exact same credit score but with about $10,000 to put down. How did you do?