Will signing up for credit cards hurt my credit score?

I go to Ohio State University and places are always offering free stuff when you apply for credit cards. I was wondering if signing up for them and then shredding them when they came would hurt my credit score in any way

Will signing up for credit cards hurt my credit score?no fax loan

Signing up to receive pre-approved or blank applications will NOT hurt your credit score.

Filling out and signing a credit card application, that is, actually applying for credit, WILL hurt your credit score, temporarily. How? 10% of your credit score is based on %26quot;hard%26quot; inquiries, how many of them, and how old they are. Every time you apply for a credit card, the cc company pulls your credit reports, making a hard inquiry about what%26#039;s on your report. These inquiries will stay on your report for up to 2 years, and each one costs a few points of your FICO credit score. Your inquiring about your own credit report or credit score is considered a %26quot;soft%26quot; inquiry, and will not change your score.

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Will signing up for credit cards hurt my credit score?

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Only if you misuse them, max-out and don%26#039;t pay ect. Also I think, not 100%, but if you apply and they deny you, that also goes against you. Hope it helps.|||Depending on the company. If your not going to use it dont get one.|||NO AND YES

It deepens on who much credit u are gating if it is for less then

$1.000 yes

If is more then it will help you

As long is not less then one of the ones u have ..

If u want to know more Email

krgroup206@yahoo.com|||When you apply for a credit card the company runs a check on your credit to determine your qualifications. Every time you have a check run on your credit it lowers your score and it takes about 3 months for your score to rebound.|||Actually, when you sign up for a credit card, assuming you do not have a crazy amount of other ones, and you use it, that is how you boost your credit score.

It is the act of ever having a late payment, a payment that is less than the minimum balance, or ever going over your limit that is bad for your credit.

I would say go for it, but try not to use it very much. When I was in college, my credit card%26#039;s sole purpose was to buy books, and I would always pay the entire balance owed by the time the next semester starts and it was time for more books!|||Yes; this will hurt your credit score. One of the things that affects your credit rating is the amount of inquiries generated by potential creditors. Everytime you apply for a credit card or a loan, that company will check your credit which gets recorded as a credit inquiry. If you have a lot of credit inquiries in a short amount of time, it will lower your total credit score. I recommend that you apply for all your credit cards within a 2-3 week period. If you do this, it will only appear as though one company is looking at your credit; thus, not affecting your credit score at all.....good luck!|||Anytime a credit check is done on you, it will hurt your score slightly. But if you keep your available credit low, use your cards occasionally and make your payments on time, the benefit you will receive in the higher score will much more than offset the credit checks.|||everytime you have someone run your credit report, it decreases your credit score.

also, how many credit cards you have lowers it too because you will show a higher debt to equity ratio|||It reflects in your credit report and it is bad. For instance say that you have 5 credit cards with $1000 credit limit for each. Therefore you are responsible for $5000 of possible debt. But when you close 4 of them, now you are only responsible for $1000 of debt which lowers the level of risk of lending money to you.

Also checkout http://www.howtoestablishgoodcredit.com/...

There are lots of articles there, related to your question, which you can find useful to boost your credit.