Tag: Credit Inquiry

Will a Credit Inquiry Hurt My Credit Score?

by Lynnette Khalfani-Cox, The Money Coach

It is possible – very likely, in fact – that applying for a loan or seeking a new credit card will indeed lower your credit score. Here’s why. Anytime you apply for credit -- such as a mortgage, a student ...

Will Opening A Checking Or Savings Account Hurt My Credit Rating?

by Lynnette Khalfani-Cox, The Money Coach

Q: Will opening a savings account in order to save for a home down payment impair my credit rating by creating an inquiry on my credit report? A: No, any kind of checking account or savings account that you might ...

All information on this blog is for educational purposes only. Lynnette Khalfani-Cox, The Money Coach, is not a certified financial planner, registered investment adviser, or attorney. If you need specialty financial, investment or legal advice, please consult the appropriate professional. Advertising Disclosure: This site may accept advertising, affiliate payments or other forms of compensation from companies mentioned in articles. This compensation may impact how and where products and companies appear on this site. AskTheMoneyCoach™ and Lynnette Khalfani-Cox, The Money Coach® are trademarks of TheMoneyCoach.net, LLC.

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Tag: Credit Inquiry

Will a Credit Inquiry Hurt My Credit Score?

Will Opening A Checking Or Savings Account Hurt My Credit Rating?

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