Your Credit Score Can Be Destroyed By Simple Credit Inquiries

What you don't know about credit inquires can destroy your credit score and effect what you can qualify for. Whether you are shopping for a cell phone, car, home loan, insurance, or just curious about wanting to see what you could qualify for, a credit inquiry can cost you points on your credit score. Even a reduction in credit points may seem trivial. A change in credit points over a 30 year period can cost 1000's if not 10,000's of dollars in higher interest payments. Furthermore to some it can mean the difference of being able to qualify for a home, car, or other financing that is necessary in today's world. Usually a credit inquiry will result in a less than a five point reduction in your credit score. However with multiple inquiries comes the likelihood that the View the rest of this article