Does Best Buy financing hurt your credit score?
Applying for a Best Buy credit card could lower your credit score since you will have to go through a hard credit pull and the new credit could raise your credit utilization ratio. Both of these factors can cause your credit score to decrease. However, as you pay off your credit card over time, your credit utilization will improve and Citibank may report your on-time credit card payments to the credit bureaus, which can bring your score back up.