Originally Posted by
kryten22uk
Does applying for credit cards that you dont need (and end up cancelling after a month or two) harm your credit rating? I'd give this a go, but not keen on damaging my status.
A large number of applications could have an impact -
Your credit rating explained (BBC News)
Agencies also record a credit search every time your credit report is looked at, for instance when you apply for a loan or buy something with interest free credit. These searches stay on your credit report for up to two years.
many lenders take a negative view of a large number of credit searches in a short period.