Auto Inquiries hurt credit card application?

[Anonymous]

I was wondering if multiple auto inquiries (due to car shopping) hurts my chances for applying for credit cards. I'm asking because I just had an additional 5 auto inquiries (on top of already having 6 inquiries 2 out of the 6 were auto inquiries when I was purchasing my first car) on my credit report and my credit karma & credit wise (from cap1) says my credit dropped significantly but when I posted in another forum regarding the inquiries they said auto inquiries dont actually hurt your score that much. I'm asking because I was planning to ask for a credit increase on my chase slate sometime next month after my zeroed out account posts and I'm planning to apply for more cards in December when 5 of my original inquiries will drop. I want to know if it is even worth applying or asking for an increase if my inquiries will hurt my chances.

[mitchblue]

Auto inquires are suppose to count as just one, even if they all show on CR, assuming they were all within a certain time, 30 days I believe.. Maybe more not sure..

[Anonymous]

They factor as 1 toward the FICO score if done in a certain amount of days.

However, each lender when they pull your credit can see each individual inquiry and it's up to them whether they care about it or not.

[Anonymous]

---

@mitchblue wrote:

Auto inquires are suppose to count as just one, even if they all show on CR, assuming they were all within a certain time, 30 days I believe.. Maybe more not sure..

---

Oh ok. Well they were all done on the same day so hopefully I shouldnt have to worry too much. 

[MrsCHX]

---

@Anonymous wrote:
They factor as 1 toward the FICO score if done in a certain amount of days.

However, each lender when they pull your credit can see each individual inquiry and it's up to them whether they care about it or not.

---

This.

Yes, they count as 1 for FICO scoring purposes. Lenders still see ALL of them as separate inquiries.