Posted on: 22nd Jul, 2009 11:13 pm
Do hard pulls on your credit effect your credit.
Yes they do lower your score if you have to many of them on your credit report. Limit your pulls and dont apply for too many loans/cc in a short period of time. Hope this helps.
yes, definitely, but if you do it intensively in a short period of time, like when you shopping for the mortgage, that would not be too much, just several points, i have been reduced 7 points due to shopping for the loan before.
Atleast 5 - 7 points