Your credit score is a three-digit number that's used by creditors and lenders to approve your applications. When you put in a credit card application, it could impact your credit score.
Ten percent (10%) of your credit score takes into account applications for credit. Each time you put in a credit card application, the creditor checks your credit to decide whether to approve you for the credit card. An inquiry is placed on your credit report and included in your credit score. The more credit card applications you put in, the more your credit score will drop.
Since new applications for credit is only 10% of your credit score, your credit score probably won't drop much from a few credit card applications. However, creditors might deny your application simply because you've applied for several other cards recently. Too many recently applications can be perceived as desperation for credit and desperation is always a turn off.
