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Credit Score: Many instant approval cards require a good credit score (typically 670+). Some options, like the Discover it® Secured Card, are more lenient, catering to those with lower or ...
Whether you’re approved instantly or not will depend on several factors, including which card you apply for and your credit score. Check the issuer’s website for details on if the card offers ...
Pre-approval: Pre-approval credit cards use public data and soft credit pulls to tell you if you're pre-approved. While pre-qualifying isn't a guaranteed approval, it indicates a higher likelihood ...
There are two different types of credit inquiries: hard inquiries, which can have a negative effect on your credit score, and soft inquiries, which don’t affect your credit score at all.
"The average person only gets approved for 30 pecent of the credit cards they apply for, and then you've got that hard inquiry but didn't get credit," points out Lull.
Minimum credit score: Before applying, check the card's typical credit score requirement to avoid unnecessary inquiries. Most business cards require a score of at least 670 or higher.
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