Car Dealer Question.

[Blackswizz750]

In June 2015, a Missouri dealership group ran my information 8 times with lenders. I did not know until the deal went south and I purchased from another dealer who only had one inquiry. I confronted the first dealer and have yet to hear anything. Is there a way I can get these off my report?

I have learned a lesson to bring my own financing to a dealership or cash.

[settleordelete]

This happened a year ago, those inquiries won't hurt as much now as they did back then. Trying to get them removed now might be very difficult if at all possible.

[Anonymous]

^ +1.

Inquiries only affect your FICO score for one year, although they may appear in the list on your report for two.

And if they were all done in the same 2 or 3 weeks, and all coded as auto lending inquiries, they have a combined effect just the same as if the only one on there was the one that ulitmately went through - the scoring effect of a series of inquiries made for the purposes of securing a large loan such as an auto loan are scored together, and generally ahve very little or no actual effect on your scores.  I had 23 with my last car purchase in March, and my scores are higher now than they were then - no points lost on inquiries at all.

No point in spending time and energy on them.

[RonM21]

At this point I agree with the above responses. They probably have run their course as far as how many points you're losing and with a year left before they fall off, it just might not be worth the hassle.

[Blackswizz750]

Thanks for comments on this. The installment loan overall has helped my credit score. I am rebuilding and will work to accelerate the payoff. Less time in the loan equals less interest.

[surferchris]

Agreed...good advice.