aejacks8 | 06-08-2008 02:01 PM | Doesn't opening new bank accounts hurt your credit score? I was told that opening a new bank account hurts your credit score by a few points. This can really add up if you are opening 5+ accounts to handle multiple ebay/paypal accounts.
If a bank does a "hard pull" of your credit information, your score will be deducted a few points. Has anyone heard of this? Are there any banks that allow you to open an account online without hurting your credit score?
I'm planning on opening 5-8 accounts soon to handle 5-8 ebay/paypal accounts at the same time. Thanks in advance! |