Thursday, January 19, 2012

Will it hurt my credit to sign up for a lot of credit cards just for their introductory offers?

Yes it will. The more credit cards you have, the worse your score will be because every time you get a new card, they run your credit and this is a "hard" check and hurts your score. In addition, you will have more and more credit capacity and at some point, this will ccount against you as well.

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