If you apply for several new lines of credit in a short period of time, this can indicate that you may be a greater risk for potential lenders. (debt.org)
Although it increases your total available credit, opening several new lines of credit in a short period of time can actually hurt your score. (debt.org)
* Proven track record of success having successfully launched several new lines through network of strong, established industry relationships. (members.climber.com)