Applying for multiple credit cards at one time
A) can be good, because it raises your credit score.
B) can be bad, because it lowers your credit score.
C) is good if you plan to pay off any bills you accrue.
D) is good for students who need to establish a credit history.

Question

Quizplus · Accepted Answer

Applying for multiple credit cards at one time can be seen as a red flag to lenders, as it may indicate financial instability or a high risk for default. This can cause a temporary drop in your credit score.

Applying for Multiple Credit Cards at One Time