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multiple appications or wait on one

Submitted by davna on Thu, 11/12/2009 - 18:20
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attempting personal loan, to get out of fin traps. applied to company, they quote, do not apply elsewhere. is that right, or am i waiting on one app and wasting valuable time?


I know that too many inquiries on the credit report can hurt your possibility of getting loan. Everytime you apply for a loan it would get reflected on your report as hard inquiry and too many inquiries would look as if you are desperate for loan.


Submitted by SC on Thu, 11/12/2009 - 20:36

SC

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