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How A Credit Inquiry Affects My Score

Having several inquiries can reduce your overall credit score and affect your RV or boat loan approval. Lenders use your credit report to conduct a risk assessment. Inquiries can affect their decision to offer a loan to you. Too many hard inquiries in a short period of time can be concerning to lenders. That's because multiple hard inquiries may add up to numerous new accounts. This may make the lenders feel you are taking on too much debt or having financial difficulties. A credit inquiry would typically remain on your report for 24 months.

How Inquires Affect Your Credit Score

Most Recent Articles

Boat slips let you enjoy your boat year-round. When you purchase a boat slip, you gain full-time storage for your boat. While the buying process might seem complex, this investment brings many benefits for boat owners. Read our complete guide on purchasing a boat slip and learn more about how My Financing USA can help.

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Going on a trip across the United States can be an exciting process. Learning what beginner RV mistakes to avoid can help you prevent vehicle breakdowns, disruptive behavior or problems with weight and height capacities.

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Knowing which state has the most national parks in the U.S. can help individuals plan road trips that optimize their access to these iconic spaces. Many travelers want to visit every national park, so knowing where the bulk of them are can streamline their goal progress.

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Planning a fishing trip can be as simple as going out to your local pond for the day or spending a weekend fishing in a new spot across the country. Knowing how to plan a fishing trip is key for a relaxing, successful time!

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One of the perks of traveling in an RV is that you can sleep in it. Most people park their RVs at campgrounds or RV resorts, though if you're driving long distances between destinations, can you park somewhere overnight to catch up on sleep? Learn the ins and outs of overnight RV parking!

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