What will happen to my credit score if I apply for ...

Any time you apply for an form of credit where the creditor pulls a report, it will go into the system as an inquiry and your score will be effected just a slight bit. Too many inquiries and it will be a bit times however many times. But all of this will correct itself over time, so it's nothing to lose sleep over. Just make sure to give it a couple of months of no activity before you apply for something big like a auto loan or a mortgage and you'll be fine.

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If you're constantly applying for new loans, it can hurt your rating, especially if you're getting turned down for them. Applying for loans, in a way, shows that you don't have enough capital to afford your cost of living on your own income. And if you're getting turned down by creditors, it's an indication that your credit standing just isn't up to par, and other creditors will weigh these rejections against you.

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Your credit score will hurt to some extent, but not to the severity you must be thinking. Inquiries from banks viewing your credit score and report and getting denied for a loan will lower your score by a few points, and excessive inquiries will hurt your chances of any lines of credit.

One or two denial wont effect your credit score but if you apply to a bunch of banks yes it will lower your credit.

You wont be hurt by the denial, but too many inquiries can hurt your score.  Here is a list of 8 top tips on how to boost your credit score: http://ratenerd.com/8-ways-to-boost-your-credit-score-1228

A credit score is a numerical expression based on a statistical analysis of a person's credit files, to represent the creditworthiness of that person. Also see real facts about credit score at http://www.creditscorefacts.org/

You can also check out our new guide "Your Credit Sucks" to see how these kind of things impact your credit score http://ratenerd.com/your-credit-sucks

What's Your Credit Score Range? Take our quick survey.

http://www.creditscorefacts.net/