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Bank Survey during a Second Quarter of 2017: New Credit Growth is Estimated to Increase in a Third Quarter of 2017

Does Opening A New Credit Card Hurt My Credit Score? – Credit Card Insider

  • published: 03 Sep 2015
  • views: 15715

Today’s doubt is: Does Opening A New Credit Card Hurt My Credit Score?
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Several things occur when we open a new credit card, that could potentially boost or diminution your credit score. You’ll be generating tough inquiries on your credit reports and also dwindling a normal age of your accounts, that will both reduce your score, though you’ll also be augmenting your sum volume of accessible credit, that could urge your score.

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Article source: https://article.wn.com/view/2017/08/04/Bank_Survey_during_the_Second_Quarter_of_2017_New_Credit_Gro/