At 650, people will generally be approved
for new credit products, although they are less likely to qualify for the best offers available.
When asked if they were planning to apply for
any new credit products for their business in the next year, 14 percent of small business owners said they were, up slightly from 11 percent in July.
When you apply for
a new credit product, your potential lender requests detailed information on you from credit bureaus.
It's applying for and, ultimately, accepting
those new credit products that can affect credit scores negatively.