Your golden years are your best years! Make them shine!

  • Home
  • Personal Finance
  • Retirement Life
  • Saving & Spending

9 Credit Score Myths You Shouldn’t Believe Anymore

October 13, 2022 · Personal Finance

Types of Retirement Income That Are Exempt from Taxes credit score
Photo by Andrey_Popov from Shutterstock

If you apply for a lot of credit cards at the same time, it will hurt your score?

This one is very interesting because the whole idea of multiple card applications that won’t have an impact on your score is rooted in some kind of truth, but it’s a complete myth.

Every time you apply for a new credit card, such a hard inquiry might affect your score by a couple of points, maybe even more if you apply for too many at the same time. The myth was probably initiated by the fact that multiple applications for some types of loans are seen by credit scoring agencies as one inquiry.

If you found this article useful, you might also want to try: 5 Money Mistakes That Can Ruin Your Retirement

Pages: 1 2 3 4 5 6 7 8 9 10

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • stimulus check
    Trump Promises $2,000 Tariff Checks: Could You Qualify?
  • social security changes
    5 Social Security Changes Coming In 2026
  • SNAP
    7 Hidden Benefits of SNAP You’re Missing Out On
  • snap supplemental nutrition assistance program
    Americans Are Losing Their Food Stamp Benefits. Are You One of Them?
  • social security numbers
    6 Social Security Changes Coming Next Year
  • Social Security changes coming in 2024
    2026 Social Security Benefits Increase Brings Biggest Raises in 10 States

Related Articles

Savings

10 Huge Mistakes That Will Drain Your Savings

Could These Spending Habits Be Ruining Your Future? We all know that saving money is…

Read More →
safe deposit box

10 Things That Belong in a Safe Deposit Box

Property Records If you ever purchased real estate, then you must be familiar with the…

Read More →
states, social security

10 States Where You Can Get the Most Social Security

8. Maryland If you live in Maryland, you will benefit from $1,624 per month. great,…

Read More →
health

Health Care Costs and the 6 Painful Effects on Retirees

Are you ready to plan your health care costs?

Read More →
Roth IRA, reduce

6 Ways to Max Out Your Roth IRA in 2023

There is a maximum amount of money you can put into a Roth IRA account,…

Read More →
funeral expenses

Funeral Expenses: 5 Best Ways to Lower Them

5. Opt for a simple wake and funeral service. If bypassing a wake or the…

Read More →
Social Security changes coming in 2024 retirement, seniors living on Social Security

Inflation Impacts Seniors Living on Social Security: 7 Shocking Ways to Watch

If you’re one of the seniors living on Social Security, here’s what you should know!…

Read More →
401k Loan

401k Loans: Are They REALLY Worth It?

Frequently Asked Questions: Will my employer know if I take out a 401k loan? Yes,…

Read More →
Senior Housing, everyday bill

Watch Out: 8 Everyday Bills That Lead to Financial Strain

Did you know that some of your everyday bills are more likely to cause a…

Read More →
Retired in USA

Your golden years are your best years! Make them shine!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Explore

  • Terms and Conditions
  • Privacy Policy
  • Do not sell my personal information
  • Subscribe
  • Unsubscribe
  • Contact
  • CA Privacy Policy
  • Request to Know
  • Request to Delete

Categories

  • Enjoying Retirement
  • Personal Finance
  • Saving & Spending

© 2025 Retired in USA. All rights reserved.