The Five Factors of Credit Scoring
Don’t apply for new credit of any kind. This includes those “you have been pre-approved” credit card invitations that you receive in the mail or online. Every time that you have your credit pulled by a potential creditor or lender, you lose points from our credit score immediately. New credit also brings a credit score down. Depending on the elements in your current credit report, you could lose anywhere from one to fifteen points for one hard inquiry.