Seems like a US-centric problem, in the UK the 'credit score' is completely worthless and different for each credit agency (there are three main agencies). Loa

Seems like a US-centric problem, in the UK the 'credit score' is completely worthless and different for each credit agency (there are three main agencies). Loans, mortgages, etc. are based on your whole credit history, and if you take out a loan it will be marked on your history and when you cancel it within the 14-day cooling off period the credit history will be updated to say it's closed. Unless you're doing this multiple times in six months or so, it won't affect anything (maybe your credit score might go down a bit when you take out the loan but it goes back up after a few months when it's updated again normally - but a this credit score doesn't mean anything it doesn't matter).