Many people believe that credit card enquiries are a negative aspect on their credit report.  This is not exactly true, the reality is too many credit enquiries are reported on your report this means that every time you apply for any loan facility such as a mortgage this is a recorded on your report.If this is done on the rear occasion then it will not have a negative impact on your score, however if this is seen on a regular basis then it might mean that you were desperate for money and will send a negative message to any bank thinking issuing you a new credit facility. This will undoubtedly lead to having your credit application denied.

 

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