If I take out an unsecured personal line of credit from Capital One will it hurt my credit score?

Question

If I take out an unsecured personal line of credit from Capital One will it hurt my credit score?

Answer 1

try everything you can to not have to take out a line of credit.. you are headed down the wrong road my friend... stay away from them.. if you are trying to pay off debt.. getting more debt to stop the bleeding is not going to help.. get a second and a third job to prevent yourself from needing a line of credit.

Answer 2

it will help it if you pay back everything on time.  However miss one payment and it goes from helping to severly hurting your credit.