Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Too many rejected applications are not good. True or False?

April 26, 2017applications False good

0

Posted

Too many rejected applications are not good. True or False?

1 Answer

0

Posted

Yes, it is true. Some creditors may reject your credit application if you have too many recent inquires on your credit profile made by other creditors. It may make you appear desperate for credit.