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No. of Recommendations: 1

That sounds like having your grade point average
lowered if the college checks your grades
before admitting you.

Can anyone explain this?

If you have a lot of hard inquiries (inquiries where you gave permission to be evaluated for a new loan or credit card) you begin to look a little bit more risky. This is because you are trying to get more credit, and in theory, you could max it out as soon as you get it.

Applying for credit makes you look less risky than if you are 30 days+ late paying, so your credit will take a smaller hit than if you had paid late. Also inquiries age off faster and don't impact your score for as long as other hits (late pays, bankruptcy, etc)

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