All Questions
5
questions
3
votes
3
answers
261
views
What's the difference between a soft and hard credit check?
I understand that hard credit checks negatively impact a person's credit score. Why would it work this way, because it's seen as a negative thing to be applying for credit cards too often? Even then ...
- 69
0
votes
1
answer
184
views
Credit Utilization and Score. Early re-payment
I feel like this may result in the same unanswered question but I'm gonna ask it anyway just in case we can get a definitive answer.
Does paying off your credit card (before a statement is generated) ...
- 101
4
votes
2
answers
2k
views
How long should one wait before reapplying for credit card after account closure
I have recently come out of some financial trouble. I had about 4 collection agencies I owed money to and 2 credit card accounts that had been frozen and closed.
I have now paid off both credit cards ...
- 213
0
votes
1
answer
409
views
To prevent credit score decreases, what are the optimal frequency and number of credit card applications in Canada?
The bolded seems anecdotal; is there any official source?
http://www.moneysense.ca/debt/know-your-credit-score: While you can check your own credit as many times as you’d like, others can only ...
user10763
7
votes
3
answers
19k
views
How long after new employment before applying for a new credit card?
I am a recent grad and new employee. I currently only have a $500 student Visa credit card with my current bank branch (2 years).
I began my employment at the end of January (just over 2 months ago) ...
- 243