Did I just ruin my credit through Buy it NOw?

[stainer711]

I tried using Buy it Now on four separate occasions on Newegg, all of which were denied. Does getting denied from Buy it Now negatively affect one's credit?

 

[NightSurge]

Yes. Your credit is docked roughly 2 points every time you submit any credit application (be it for a credit card, loan, finance payments, etc.).

 

[stainer711]

2 points doesn't sound like that much.

 

[KSoD]

2 points can be the difference between a high rate on a car loan/mortage or a low rate.