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Credit Bureau Inquiry

Does Rate Shopping Hurt Your Credit? An Interview With the Experts (Part 1)

Jeanne Kelly | Posted 04.23.2013 | Business
Jeanne Kelly

It makes sense to shop around for the lowest possible interest rate you can qualify for. However, consumers are also aware that inquiring too many times on a loan can have a negative impact on your credit scores (ultimately increasing the interest rate that you pay!)