http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Inquiry-and-tax-lien-questions/m-p/1604818#M66410 <p>Inquiries, if &quot;hard,&quot; are scored for one year.</p><p> </p><p>Tax liens are a major derog.  One will put you in a &quot;dirty&quot; scoring bucket.  Multiple major derogs are each scored, however I would suspect that the algorithm weighs second and subsequent less.  One of the mysteries under the cloak.</p><p> </p><p>More significant is most likely the categorization, or &quot;bucketing,&quot; of your file for scoring purposes.  The scoring algorithm first places your overall credit file history into one of several different scoring categories, or &quot;buckets,&quot; as part of its initial scoring.  Weightings in actual scoring are different depending upon your scoring bucket.</p><p>One major derog will place you in a &quot;dirty&quot; bucket.  Your categorization thereafter then does not become &quot;clean&quot; until all major derogs are gone.</p><p> </p><p>Thus, the significance is that later deletion or exclusion of one tax lien wont show much score improvement, with the jump coming once the entire file is &quot;clean.&quot;</p> Sun, 23 Sep 2012 19:35:53 GMT RobertEG 2012-09-23T19:35:53Z http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Inquiry-and-tax-lien-questions/m-p/1604318#M66397 <p>When do inquiries stop affecting your score?  I know they fall off the report in two years.</p><p> </p><p>Also, how bad do tax liens hurt your score and does it matter if there is 1 or 5/6?</p><p> </p> Sun, 23 Sep 2012 04:43:49 GMT http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Inquiry-and-tax-lien-questions/m-p/1604318#M66397 pozativelyliving 2012-09-23T04:43:49Z http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Inquiry-and-tax-lien-questions/m-p/1604818#M66410 <p>Inquiries, if &quot;hard,&quot; are scored for one year.</p><p> </p><p>Tax liens are a major derog.  One will put you in a &quot;dirty&quot; scoring bucket.  Multiple major derogs are each scored, however I would suspect that the algorithm weighs second and subsequent less.  One of the mysteries under the cloak.</p><p> </p><p>More significant is most likely the categorization, or &quot;bucketing,&quot; of your file for scoring purposes.  The scoring algorithm first places your overall credit file history into one of several different scoring categories, or &quot;buckets,&quot; as part of its initial scoring.  Weightings in actual scoring are different depending upon your scoring bucket.</p><p>One major derog will place you in a &quot;dirty&quot; bucket.  Your categorization thereafter then does not become &quot;clean&quot; until all major derogs are gone.</p><p> </p><p>Thus, the significance is that later deletion or exclusion of one tax lien wont show much score improvement, with the jump coming once the entire file is &quot;clean.&quot;</p> Sun, 23 Sep 2012 19:35:53 GMT http://ficoforums.myfico.com/t5/Understanding-FICO-Scoring/Inquiry-and-tax-lien-questions/m-p/1604818#M66410 RobertEG 2012-09-23T19:35:53Z