If apply for musician friend platinum card to buy w/min. payment & no interest for a year affect credit score?

Question

If apply for musician friend platinum card to buy w/min. payment & no interest for a year affect credit score?

Answer 1

If you apply for credit then the standard 5 point drop will apply. This will happen everytime a prospective lender does a 'hard pull' of your report. As long as you keep your usage under 25% and pay on time all the time you will be fine.

Answer 2

Depends on previous record and dollar amount applied for.  The problem is the monthly payment with his other payments against the income.  Other payments include rent and living necessities.

The application will have not bearing unless he applied for several cards.