Shopping for more credit and impact on credit score
Hi everyone,
I am looking at trying to access to bigger line of credit (currently only have a 30k one) and I remember reading a post from @Brianne H. in which she said she booked appointment with as many banks and credit unions as she could in a single day as applying for multiple loans in a row would be considered "shopping" and lessen the impact on the credit score, as well as banks wouldn't see you applied for other loans as it wouldn't have time to update. What are your thoughts? Has anyone tried to apply to several banks in the same day and if so what was the impact on your credit score?