05-05-2011 05:09 PM
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.
05-05-2011 10:49 PM
Vish is pretty much right.
05-06-2011 06:44 AM
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.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO