The predictions of the Multi Component Model (Van Rooy Vanhoomissen, & Overwalle, 2013) regarding the interaction between Need for Closure (NfC) and social influence on the development and maintenance of illusory correlation (IC) were tested. Participants were given a series of statements about members of two groups (A and B) committing either “bad” or “good” actions. Within a classic IC design, participants formed a more negative stereotype of the minority group B compared to the majority group A, essentially showing an expected illusory correlation between group membership and desirability of behaviour. In an extension to the classic IC paradigm, Need for Closure (NfC) was then manipulated during a novel social influence phase. During this phase, participants rated statements describing the qualities of members of the groups as being true or untrue, either under time pressure (high NfC condition) or not (low NfC condition). After each rating, participants were shown feedback from either one participant (Low Social Impact Condition) or three participants (High Social Impact Condition) taking a stance opposite to the IC effect. Contrary to what was hypothesised, individuals were more likely to change their view of the majority group compared to the minority group when subjected to social influence. Additionally, hypotheses relating to the interaction between social influence and NfC were not supported. We argue that the results indicate the need for more research to explore the interactions between NfC, social influence, and the IC effect.