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Is it wise to apply for a credit card

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    Is it wise to apply for a credit card

    Hi all,

    I have had a mortgage offer from Butler Mortgage in Toronto. The completion date is by the middle of next month ie.., February. My question is; Is it wise to apply for a credit card in this situation? Please do reply. Thanks!

    #2
    When you are applying for a mortgage, you do not want any new accounts or inquiries. No, it is not wise to apply for a credit card now. Wait until the mortgage closes, then apply the next day.
    Chapter 7, above median, no asset. Discharged with no UST involvement.

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