Question: Your borrower has applied for four different department store credit cards and bought furniture on a 90-day same-as-cash plan, all within the last 60 days.
Your borrower has applied for four different department store credit cards and bought furniture on a 90-day same-as-cash plan, all within the last 60 days. How will this impact his credit score? Unset starred question It won't affect his credit score. The additional accounts will have a positive impact on his score. The additional open credit will increase his score. The high number of new accounts and inquiries will have a negative impact on his score
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