10-29-2012 08:32 AM
Even if he was maxed at 85 inquiries or had 90, does it really matter? Either way it is a boat load!
10-29-2012 09:06 AM
Some people are spending way too much reading the actual number of inqs instead of the point of the post which is to educate and inform other users that a high number of inqs its still possible to reverse a decision. The people who are concentrating too much on the number are probably people who read the last page of a book instead of its content.
Anyway, yes there was a time EQ had a max number of INQ slots of 85. People such as myself took advantage of this by using the 'bumpage' technique to knock off the hard inqs. Now, this seriously messed up my CR so I wouldn't advise anyone on doing that. I also read to much into of the success stories of other people trying this, it doesn't work for everyone!! Besides, my understanding is that EQ have since fixed this and like EX and TU there are no allocated INQ slots anymore meaning you can go past the 85. Maybe for some people this still works but for me it clearly no longer works, maybe because the mess it caused when I did it. I had success in deleting several inqs by this technique but like I said it messed up my CR at the time. The fact is, as of have last week my EQ CR showed 93 inqs as advised by analyst and from what I have seen myself.
Purpose of sharing this is merely to help others from a similar background. That is all.
10-29-2012 09:37 AM
It is brilliant that you got approved for it, but I do not think people with a lot of inquiries usually have them from rate shopping. If they were all credit card inquiries the reconsideration probably would have went differently.
10-29-2012 10:00 AM
Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.