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prestonjeffers

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if i hace a new hard inquiry from a credit card does that mean i was approved to get the card

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No, it does not.  They must look at your credit report in order to decide whether or not to offer you the card and if so, at what interest rates.

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Hard Inquiries vs. Approval

A hard inquiry has nothing to do with whether you have been approved or not.  It is simply an indication that you (the consumer) are looking to add to your amount of outstanding debt.  Lenders sometimes view this as negative unless you HAVE been approved for that particular inquiry.  When you purchase a vehicle for instance, the dealership may send out several hard inquiries before in order to find one who is willing to extend you credit.  I believe if you see several hard inquiries on your report from one approval, you can let the credit agencies know you have been approved by sending them proof of approval from the lender you finally go with.  I hope I'm right.

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