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[Discussion] opening bank accounts and credit score – need advice – thanks

February 27, 2021 at 08:05AM

recently ive been applying to new banks thru their promotional offers.

my question is, does opening new bank accounts or brokerage accounts effect my credit score?

i have really poor credit score and ive seen posts saying banks will run hard/soft pull on your credit score if you open new bank accounts, loans, insurances, etc. What does that mean?

can somebody clarify my confusion?

thanks.

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