Though it can feel like a difficult game applying for credit cards sometimes, especially if it’s one that you think you might not be approved for. But does that mean that you should send out applications to a few cards at the same time?
Experts say that applying for multiple cards at the same time isn’t a good idea. Every application results in a hard inquiry into your credit score, which happening all at once, doesn’t make for a happy credit score. Ultimately, it could add up to quite a big drop in your credit score.
Image via The Chargeback Company.