Originally Posted by
markandrew
No it is not true, read my post and learn about credit scores.
A banker has no more informed information than I do about precisely how the score is made up, they are extremely closely guarded commercial secrets but the listed are all factors which work into the credit score and which are impacted by a new credit card in addition to the hard inquiry which is only a small portion of the score, fact.
So, you know more about the "secrets" than the bankers?