Credit Cards

turn on suggestions Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Reply
Topic Options
Regular Contributor
PRILEY
Posts: 158
Registered: ‎11-29-2007

How many inquirys hurt?

Options

‎09-22-2008 10:24 AM

I was thinking of applying for a buis card and I was wondering how many Inq does it take to hurt. I have 4 TU(709) 3 will drop in dec. Eq(694) 1 ,it will drop in dec and 0 on Exp(695). Do I have to many and what do you think my chances are of getting approved and with what limit? Thanks
TU / FICO Clasic 04 (767), EQ / Facta Beacon 5.0 (723), EX / Fair Isac Ver 2 (761) 9/28/2010 From the lender.
Message 1 of 5 (625 Views)
 
Reply
Established Contributor
beenthere
Posts: 971
Registered: ‎01-13-2008

Re: How many inquirys hurt?

Options

‎09-22-2008 07:49 PM

Your inqs are light and your scores are pretty good. Shop wisely and you can get a good card.
1-14-08....... TU=683, EQ=667, EX=666
7-04-08....... TU=688, EQ=678, EX=682.......
.......4 of my 5 cards and a new car later.
2/13/09 and forever EX 693
Message 2 of 5 (555 Views)
 
Reply
Regular Contributor
Max09
Posts: 199
Registered: ‎05-29-2008

Re: How many inquirys hurt?

Options

‎09-22-2008 08:26 PM

I went from 798 to 792 on transunion with only one inquiry. It all depends on the the bucket you're in. My experience is the higher the scores the bigger the inmpact. 
Message 3 of 5 (534 Views)
 
Reply
Established Contributor
beenthere
Posts: 971
Registered: ‎01-13-2008

Re: How many inquirys hurt?

Options

‎09-22-2008 09:29 PM

Musta been hell....:smileytongue:
1-14-08....... TU=683, EQ=667, EX=666
7-04-08....... TU=688, EQ=678, EX=682.......
.......4 of my 5 cards and a new car later.
2/13/09 and forever EX 693
Message 4 of 5 (507 Views)
 
Reply
Regular Contributor
PRILEY
Posts: 158
Registered: ‎11-29-2007

Re: How many inquirys hurt?

Options

‎09-23-2008 08:24 AM

A good card meaning what? In the buis I could charge up to $60,000 a month. I have the suppliers that I have 30 day accts with but I doubt I'll find a card with that limit. Thats to bad too---look at all those points.
TU / FICO Clasic 04 (767), EQ / Facta Beacon 5.0 (723), EX / Fair Isac Ver 2 (761) 9/28/2010 From the lender.
Message 5 of 5 (423 Views)
 
Reply

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
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+