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credit rating

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Do online applications for loans affect my credit rating?

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  • pcman1985
    pcman1985 Posts: 181 Forumite
    Seventh Anniversary 100 Posts Name Dropper
    Yes because multiple applications make you look desperate for credit.
    One, possibly two applications won't harm your credit file butI would do no more than three in a six month period.

    Ignore any number given to you in your credit file. It's worthless and lenders do not use it as a criteria for giving credit.
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