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ppc
My chex report is clean but just wondering if you can be denied for having opened too many accounts? What's the policy on that?
Credit Please
Yes, too many (6 inq) in I believe a 6 month time frame will cause you to be chex flagged and will shut down all your new accounts. I believe 6 is the magic number.
ppc
QUOTE (Credit Please @ Apr 5 2009, 10:24 AM) *
Yes, too many (6 inq) in I believe a 6 month time frame will cause you to be chex flagged and will shut down all your new accounts. I believe 6 is the magic number.


Hi,

Can you explain to me this process? Chex contacts the banks and tells them that I applied for more than 6? From what I understand, the banks only look at chex when you initially apply.

Thnx
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