With the development of social economy and the improvement of people's living standards, credit cards have become one of the necessary payment tools in people's daily lives. Although banks' card application thresholds are being relaxed, after all, it is a credit product under the bank, and there are requirements for the qualifications of the card applicant. You are not guaranteed to be able to apply for the card if you want to apply, and you still need to go through many bank approvals. OK. Some people will use a wide range of methods when applying for a credit card. No matter whether they can get it or not, they will apply first. Will applying for a credit card frequently affect your credit score? How to eliminate the adverse effects?

Too many credit card applications will greatly affect the credit report and the success rate of card application, because every time you submit a credit card application, the bank will check the applicant's personal credit report to see if there is any Bad credit history. Credit card inquiry records, payment approval, and guarantee qualification reviews are also called hard inquiry records. If there are too many hard inquiries in a short period of time, your personal credit report will be ruined, because this is also a type of negative record. Moreover, if the credit report is queried too many times, the bank will think that the applicant is suspected of maliciously applying for a credit card. If he has applied for a credit card many times but has no record of wasting the card, there must be a problem with the individual's repayment ability, and the risk of overdue is also high. Invisibly expanded dozens of times.

So if there are really bad records left, is there any better way to solve them? The editor recommends that you stop applying for some financial credit services that have a credit report 6 months before applying for a card or loan, so as to reduce the number of credit inquiries, and do not randomly click on some credit card or loan links. Although credit card inquiry records will be retained for 2 years and cannot be deleted manually during this period, banks generally only pay more attention to the credit records of the past 6 months when applying for loans or credit cards. The bank found that there has been no credit inquiry in 6 months. , indicating that the applicant’s debt has dropped, and it is easy to pass without a bad credit record.

In short, frequent credit card applications will indeed have a negative impact on personal credit, so we should carefully consider our actual needs and repayment ability. Avoiding over-applying for credit cards, planning the usage limit reasonably, and repaying the balance on time are key steps to eliminate the negative effects. At the same time, try to reduce the number of hard inquiries when applying for a new card to avoid any negative impact on your personal credit rating.