Generally, this check is done as a hard inquiry, and it’s important for a couple of reasons: hard inquiries reduce your credit scores by a few points (the amount varies but the impact on your scores may be more significant if you’re new to credit or you have average or poor credit scores). Banks check your credit to determine how much of a risk you are as a customer (are you likely to borrow money and not pay it back?). When you apply for a credit card, the bank or financial institution will check your credit while deciding whether to approve you for the card.Most credit card offers are available only for US residents so you need a US address to apply. ![]()
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