Many people apply for credit cards, and many people want to enjoy convenient overdraft consumption, by the way, bonus hunter. However, some card friends can't stand the temptation of card holders and apply for credit cards frequently, thinking that there will be no adverse effects, but it is not. So, what will happen if you apply for credit cards frequently?

First, the credit card application was successful.

I often apply for a credit card. After the card is issued, the billing date and repayment date of different credit cards are different, which is difficult to manage. Some credit cards are easy to forget to repay, which requires the cardholder to bear overdue interest and liquidated damages, and will also leave a credit stain.

In addition, there are too many credit cards, which are easy to over-consume, make repayment difficult, and increase the economic burden of cardholders.

Second, the credit card application failed.

Frequent application for credit card is easy to be rejected. Rejection of credit card will cause bad credit consequences to the applicant, which will make the bank feel that your credit status is not good enough or you are suspected of malicious card handling.

In addition, frequent application for credit cards will lead to too many inquiries in the credit information system. Although there is no bad credit record, in the eyes of banks, credit will be greatly reduced.

For example, ICBC's own CIIS system will deduct points due to too many credit card audits and inquiries in the past three months, resulting in scores below 700, which will automatically enter the gray list and not issue cards.