Hi, I was not aware before that when there are many credit enquiry , it has negative effect on home loan approval. I have not applied for home loan yet. But my situation is, I applied for 5/6 credit cards in last 6 months. Ihave stopped now. But I am not a credit defaulter. In this case if I apply for a new home loan in two months time what could happen. FYI I have only 2 credit cards now as I closed all.