Frequent Contributor
Posts: 310
Registered: ‎07-19-2010

Are all hard inquiries created equal?

Do CRA's weigh hard inquiries differently?  Surely an inquiry from T-Mobile or Direct TV do not count the same as an inquiry from Ford Motor Credit or Macy's?

Valued Contributor
Posts: 1,129
Registered: ‎01-20-2011

Re: Are all hard inquiries created equal?

For scoring, they are all the same, you may be able to explain them in a manual review (say recon) as long as you don't have a lot of them.

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Moderator Emeritus
Posts: 16,336
Registered: ‎03-12-2007

Re: Are all hard inquiries created equal?

Vish is pretty much right.

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New Contributor
Posts: 50
Registered: ‎02-12-2011

Re: Are all hard inquiries created equal?

With the exception that multiple inquiries for an auto loan, student loan or mortgage within a 45 day period only count as a single inquiry for scoring purposes. Thus, you can shop for the best rates without fear of hurting your FICO score.

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