Credit Card Lounge

If some one applies for credit card for balance transfer does it affect your credit score?

February 1st, 2009

I am wondering if credit card application affect your credit score/credit report negatively?
does it lower the credit score every time some one applies for it?
how many times in a year is considered normal and not over application?

Credit Card Applications Balance Transfer,Credit Application,Credit Report,Credit Score

2 Responses to“If some one applies for credit card for balance transfer does it affect your credit score?”

1. Jon K says:

   February 1, 2009 at 12:23 pm

   Yes, every time someone pulls your report for lending purposes, it does put a mark on your report, and it is not a good mark. There is no over or under limit, but obviously, less looks better. The more points tells a creditor you have been applying at a lot of places, and maybe applying for more credit than you can handle.
2. Jennifer says:

   February 4, 2009 at 3:29 pm

   Hi,
   I got my Capital One and Chase credit cards from this site.It’s very easy and fast.You should apply and keep these cards for emergency or to improve your credit score since there is no annual fee.

   Or you should apply under “0% on balance tranfers”…

   Check it out here: