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Does your credit score get lower when you apply for a lot of credit cards?


does your credit score get lower when you apply for a lot of credit cards/

Every time someone pulls your credit your score drops anywhere from 3-5 points depending on what your score is to begin with.

The only exceptions are when you apply for auto or home loans, the system is designed to recognize this and the applications are all lumped together and count as one if they are all made within a 14-day period. Source(s): Finance Manager for over 7-years.
If you stiffed all of them it would.
Sometimes. Your credit score is affected by many things.

Some of these include:
1. Amount of debt you are carrying
2. How well you are servicing your debt (on time/late/no pay)
3. How much your credit limits are
4. Age of the credit line
5. Inquiries on your credit (what you are currently doing)
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