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Regular Contributor
gogotexan
Posts: 134
Registered: ‎06-18-2013

Re: Inquiry Kings & Queens

TU: 2 in 2013 and 4 in 2012

EQ: 6 in 2013 (3 in the last 45 days) and 3 in all of 2012

EX: 2 each in 2012 and 2013

 

I'm in the garden til Jan 2014 (fingers crossed) lol

 

 


Starting Scores 11/12/2012 EX - 590, EQ - 584, TU - 601
FICO Scores as of 02/06/2014 EX - 687, EQ - 659, TU - 697
BK 7 Discharged Oct 2010, In my wallet: NFCU VisaSiggy $26K; NFCU GoRewards $10K; NFCU Navcheck $15K; Star Furniture $5K, Conns Credit $7K, GE (Ashley Furniture) $1K, GE (Rooms to Go) $3K, Barclay Arrival MC $3K; PWFCU Visa $2.5K; Cap1 Quicksilver1 $2K; Chase Freedome $500; Cap1 Secured $500
Regular Contributor
xerostatus
Posts: 139
Registered: ‎05-09-2013

Re: Inquiry Kings & Queens

TU: 8

EX: 8

EQ: 5

 

While I chime in, I will bump a question already asked in this thread:

 

We know INQs dont factor into your "score" after year 1, but between year 1~2 until they fall off completely, [does it] / [can it] / [will it] affect new credit decisions from lenders, given that they are privvy to the information if a report is pulled?

Frequent Contributor
OptimalCS
Posts: 405
Registered: ‎07-31-2010

Re: Inquiry Kings & Queens


sghosh5 wrote:

EX - 21

EQ- 19

TU - 10

 

all of them made in late 2012 and this year. Question is though they don't affect after a year they will show up in report for 2 years and continue affecting for new applications not getting approved ?


Hi Sghosh5-

 

Inquires stay on your credit reports for 2 years. In FICO scoring you get ding for inquires made in the last 12 months. As time pass...3 months... 6 months... you gain back points slowly.  You gain back full points lost in 12 months after each initial inquiry.

 

For example:

 

Today I applied for an Amex card 7/26/13 (shhhh, I really did & I got approved!). This inquiry will show on my credit report for 24 months. But in exact one year 8/27/13. I will no longer be penalized for this inquiry although it will continue to report for another year (8/27/14). 

CARDS.jpg

Frequent Contributor
sghosh5
Posts: 447
Registered: ‎02-28-2013

Re: Inquiry Kings & Queens

Thanks OptimalCS. I knew that fact. My question was though it does not affect scores any more after a year,between year 1 & 2 it will still remain on report and will the creditors still deny say too many inquiries ?

 

right now the biggest reason of me getting denied is too many inqs. 90 percent of which i did when i got rid of lots delinquencies and collections and wanted to fill my credit report with new and various accounts. I am definitely in garden till late 2014 :smileyhappy:

 

My last app was in 07/16/2013. So my report should be clean by 08/2015. 


Starting Score: EQ: 499 (02/28/2013)
Current Score: EX: 694, EQ: 662, TU: 705 (06/23/2014)
Goal Score: 750

Lexus Financial: $40,000, CHASE Freedom: $1000, CHASE Sapphire: $5000, Cap One Venture:$3000,Cap One QS: $3000, AMEX BCE(AU):$3900, AMEX BCE: $1000, AMEX Green NPSL, AMEX PRG NPSL, Discover(AU): $4750, DISCOVER IT: $1500, CITI Platinum Select(AU):$2800, Southwest Premier: $2000, Express:$500, Paypal SC: $2800, Amazon Store: $2150, Macys:$6300, Walmart: $950
Community Leader
Senior Contributor
myjourney
Posts: 25,139
Registered: ‎02-07-2013

Re: Inquiry Kings & Queens


sghosh5 wrote:

Thanks OptimalCS. I knew that fact. My question was though it does not affect scores any more after a year,between year 1 & 2 it will still remain on report and will the creditors still deny say too many inquiries ? Some lenders will some won't...example Chase and Barclay and Citi are INQ sensitive 

 

right now the biggest reason of me getting denied is too many inqs. 90 percent of which i did when i got rid of lots delinquencies and collections and wanted to fill my credit report with new and various accounts. I am definitely in garden till late 2014 :smileyhappy:

 

My last app was in 07/16/2013. So my report should be clean by 08/2015. 


 

"Intelligence plus character--that is the goal of true education"
I will be gardening until a better offer/bonus comes along
Last escape 06/06/13 Bronze 7/6/2013 Silver 9/6/2013 Gold 12/6/2013 Palladium 3/6/14 made it...6/6/14 Plat is all mine
Super Contributor
enharu
Posts: 6,889
Registered: ‎02-27-2013

Re: Inquiry Kings & Queens

@sghosh, it really depends. People have been declined by Amex, barclays chase, citi and BofA for inquiries that were over a year old, so if can happen. It just really depends on how thick your file is, and whether you have any derogs on file as well.
JPMorgan Palladium (100k), AmEx Platinum (NPSL), AmEx SPG (46k), AmEx BCP (42k), Chase Sapphire Preferred (47k), Citi Prestige (31k), Citi Thank You Preferred (27k), Citi Executive AAdvantage (25k), JPMorgan Ritz-Carlton (21k), Merrill+ (15k), US Bank Cash+ (22.5k), Wells Fargo (12k), Bloomingdale’s (12.4k), Chase Freedom (5k), Discover IT (5k).
Regular Contributor
GetTheFico
Posts: 141
Registered: ‎09-22-2012

Re: Inquiry Kings & Queens

EQ - 8

EX - 1

TU - 0

EQ: 703, TU: 702, EX: 648

NFCU cashRewards, Discover it, Chase IHG, Barclay Arrival, AmEx BCE, Barclay Sallie Mae
Contributor
rebuildingmission2013
Posts: 77
Registered: ‎04-15-2013

Re: Inquiry Kings & Queens

OP, Long live us kings!  (in sig)


10/01/2012 STARTING FICO SCORES: EQ 585 TU 598 EX 539
09/12/2013 CURRENT FICO SCORES w/ 9 REVOLVING TLs = $4,550 + INSTALLMENT TL: $23,300
EQ 598= AAoA=10m, UTIL=43%, 12m INQ=22, COLL=0, PUB REC=0, MISS PAY=0
TU 644 =
AAoA=1yr 8m, UTIL=46%, 12m INQ=19, COLL=0, PUB REC=0, MISS PAY=0
EX 614 = AAoA=3 yrs 11m, UTIL=63%, 12m INQ=17, COLL=0, PUB REC=0, MISS PAY=0
04/01/2014 GOAL FICO SCORES: 720s = AAoA=+7m, UTIL ≤ 9%, 12m INQ ≤ 6, COLL=0, PUB REC=0, MISS PAY=0
Frequent Contributor
NewtoCredit80
Posts: 324
Registered: ‎04-12-2013

Re: Inquiry Kings & Queens

Well I have EQ = 6, TU - 6, Ex - 7. I have been triple pulled by CapOne, Amex, Discover, Chase and Citi. This was due to my thin credit file.

 



PNC Secured 2000 (Dec12), Chase Amazon 2000 (Apr13), CapOne Newcomer 2500 (May13), Citi dividend 3000 (May13), Discover IT 1000 (Jul13), Amex BCP 6000 (Jul13), Chase Southwest 10000 (Jul13), Chase Marriott 12000 (Oct 13), BofA Travel Rewards 5000 (Dec13)

- In garden till Dec 2014
Frequent Contributor
OptimalCS
Posts: 405
Registered: ‎07-31-2010

Re: Inquiry Kings & Queens

I hate triple pulls.

I have triple pulls from cap one (denied venture- I want that card so bad) and amex.

Most of my inquires can from 10 for auto loan.

CARDS.jpg


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