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Chapter 3. Improving Your Score—The Righ... > Step 5: Apply for Credit Sparingly

Step 5: Apply for Credit Sparingly

Responsible credit users don't apply for credit they don't need. They also try to pace their credit requests, so that they're not opening a bunch of accounts in a short period of time.

Although your first few credit accounts serve to build and improve your credit history, there comes a point when each subsequent credit application can reduce your score. Where that point is, no one knows for sure; all Fair Isaac will say is that it depends on the other information in your file.


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