Question

URGENT

When shopping for a personal loan, why is it important to limit the amount of loan applications you submit?

Answer 1

Just trying to get message unlocked ya feel

Answer 2

When shopping for a loan, do not submit too many applications. Each time you submit an application, the lender will do a hard inquiry on your credit score. Having too many hard inquiries at one time will negatively affect your credit and raise your interest rate.

Step-by-step explanation: