Originally Posted by
blakeIV
That brings up an interesting question. What is a hard pull worth to you?
For me, it $250. I won't do a hard pull unless I'm getting $250 (conservatively) from the bonus. If a card pulls all 3 reports, then is $750 of value I need.
While most realize that credit is an asset, you also need to assign a value when you purposely impair that asset. Mine is $250 per pull.
I'm not entirely sure what you're talking about. Are you assigning a monetary value to the effect credit card applications have on your credit? And how do you know if they're pulling 3 reports vs. 2 or 1?
Maybe down the road I'll venture into this territory of credit cards.