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Will opening a new line of credit be grounds for denial?

Will opening a new line of credit be grounds for denial?

We are weeks before closing and my husband opened a credit card with the car insurance carrier to use to pay the premiums. This is was done only for convenience. The card has a zero balance, however his score went down a by a few points.


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Anonymous
1-01-2016

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It should not. Keep checking this page to get expert advise

Anonymous | Asked on 2016-01-03

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