Thursday, July 13, 2006

check your credit first to see is you are a good candidate for there credit cards so does this hurt my credit everytime a company does this check

Quoting REAL PERSON realperson@Comcast.net>:
I know that buy canceling a credit card it dings you credit score but what about all those credit card offer for credit card you we get in the mail. I am assuming that the companies check your credit first to see is you are a good candidate for there credit cards so does this hurt my credit everytime a company does this check
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No it does not.
They do not check your credit before they send out the offers. The offers imply your credit has been checked and approved but that is not the case. What happens is the bureau provide lists that have people in groups of positive score ranges. Because the scores change everyday in some cases, each credit has to be checked with an application. So you may get a pre approved card but get turned down when you send in the application.
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