If you receive pre-approved credit card offers in the mail, you may be wondering where they come from.
Keep in mind that receiving a preapproved credit card offer does not impact your credit score. So you’re safe there.
But, accepting the offer will negatively affect your credit.
So why you may be under the impression that the credit card will be easy to get and won’t impact your score, you could get impacted once the loan goes through.
When the lender requests your credit info, it will be in the form of what is known as a “hard inquiry” on your credit. That means a record of this inquiry will remain on your credit report for 24 months.
Because of this be cautious about who you inquire with. The more offers you accept, the more hard inquiries are made on your credit.