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I applyed for american express card then my score went down 36 points why
Asked by
drmahakerollos
1 year ago
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Because American Express performs a credit inquiry on your account when you apply. Applying for credit is not good for your credit score. This is repeated in every credit tip article on the web.
hardeight 1 year ago
How many inquiries do you have? 36 points is alot, so I suspect you have something else going on. I would go over your credit report again and look for other changes. When i app. for amex I took a 1 point hit on experian.
traceyfry 1 year ago