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Originally Posted by Kryzsky
On a side note, someone once told me that you lose points, or minimally damage your credit score everytime you just apply for credit. Any truth to that?
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I'm also no expert, but I think the main issue is how much credit you are seeking. Let's say you apply to Visa for a $5000 card. If they see that you've also submitted 10 other applications this month, they may be worried that you now have $50K in un-secured debt.
Moral of the story is if you want a bunch of Flames blankets, go out and buy them.
