Current account advice

friolento

https://forums.moneysavingexpert.com/discussion/comment/82194068#Comment_82194068

Lenders can only see

1. all your recent hard searches
2. any overdraft on a current account actually used

They cannot see that you have an overdraft arrangement that you have not currently used but which you might start using at any point in time.

They therefore will go by the number of hard searches when you apply for another credit account. What weighting they will give to the hard searches is unknown to us consumers but there have been copious warning both here on MSE as well as by the credit reference agencies and by others to contain your number of hard searches if you expect to have a need for credit over the next 6-12 months.

For example, this is what Experian says