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Established Contributor
KIPPIE12
Posts: 620
Registered: ‎05-09-2009
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Need Clarification on Inquiries

I have a question about inquiries.  Let's say i have 5 inquiries on TU.  I don't, but lets say i do..........My question is, let's say 4 are over 12 months old, and i can't see them on the report anymore, it only shows me 1 that is earlier than 12 months.  Do potential lenders or cc companies see ALL of them, or do they see only what i see??  A friend of mine asked me this question, and i only told them what i could see.  I have 2, but only one is newer than 12 months old.  I don't see the other.

 

Sorry if this sounds silly.  Curious if lenders have different looks at the report than we do?

 

Thanks, Tom

Current Score: EQ: 807 TU: 811 EX: 813 (Fico) 8/14
Goal Scores: 760 Across all 3-Finally


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Creditaddict
Posts: 22,064
Registered: ‎10-23-2007
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Re: Need Clarification on Inquiries

well yesterday there was a post about Chase and the underwriter mentioned inq that were over 12 months old... so I think they can see 24 which I don't think is fair

Fico Scores: EQ- 626 Overstck., TU 696 Walmart, EX 695 Chase (11-05-14)
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Senior Contributor
laz98
Posts: 4,336
Registered: ‎09-06-2008
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Re: Need Clarification on Inquiries

if you pull FICO reports, you will only see the inquiries that are currently counting against you.

 

if you get reports from the actual credit bureaus themselves, they will show you whatever number of inquiries you have had in the last 2 years.

Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 755. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.
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FicoScore626
Posts: 253
Registered: ‎09-01-2009
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Re: Need Clarification on Inquiries

What's a little interesting is that I've had inquiries dropping like flies on my Fico reports after hitting the one year mark but yet all of them appear on my Credit Check Total reports..

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haulingthescoreup
Posts: 28,098
Registered: ‎04-01-2007
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Re: Need Clarification on Inquiries

 


FicoScore626 wrote:

What's a little interesting is that I've had inquiries dropping like flies on my Fico reports after hitting the one year mark but yet all of them appear on my Credit Check Total reports..


 

That's because the myFICO reports don't display inqs after one year, because they no longer affect your scores.

 

They will remain on your full credit reports for two years, and lenders will be able to see them.

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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FicoScore626
Posts: 253
Registered: ‎09-01-2009
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Re: Need Clarification on Inquiries

 


haulingthescoreup wrote:

 


FicoScore626 wrote:

What's a little interesting is that I've had inquiries dropping like flies on my Fico reports after hitting the one year mark but yet all of them appear on my Credit Check Total reports..


 

That's because the myFICO reports don't display inqs after one year, because they no longer affect your scores.

 

They will remain on your full credit reports for two years, and lenders will be able to see them.


 

Guess I'll just have to put the Happy Dance on hold until August 2011, lol.. :smileyvery-happy:

Senior Contributor
score_building
Posts: 3,577
Registered: ‎01-10-2008
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Re: Need Clarification on Inquiries

[ Edited ]

 


FicoScore626 wrote:

 


haulingthescoreup wrote:

 


FicoScore626 wrote:

What's a little interesting is that I've had inquiries dropping like flies on my Fico reports after hitting the one year mark but yet all of them appear on my Credit Check Total reports..


 

That's because the myFICO reports don't display inqs after one year, because they no longer affect your scores.

 

They will remain on your full credit reports for two years, and lenders will be able to see them.


 

Guess I'll just have to put the Happy Dance on hold until August 2011, lol.. :smileyvery-happy:


 

Hevans no!  Placing the happy dance on hold?  Bite your tongue myfico child (lol), since the inq that you thought dropped off,

 

were still there but passed the 1 year mark...

 

you can still technically do the happy dance to celebrate them aging beyond 1year and no longer damaging your score :smileyvery-happy:

 

IME many lenders also take much less stock in inq more than 1 yr old upon app but this can vary widely and some will probably 'count' them (for purposes of evaluating/decisioning app) for the full two years.

FICOS:
06/13 EX 765 (PSECU) EQ 771 (DCU) TU 779 (Barclays)
Frequent Contributor
FicoScore626
Posts: 253
Registered: ‎09-01-2009
0

Re: Need Clarification on Inquiries

 


score_building wrote:

 


FicoScore626 wrote:

 


haulingthescoreup wrote:

 


FicoScore626 wrote:

What's a little interesting is that I've had inquiries dropping like flies on my Fico reports after hitting the one year mark but yet all of them appear on my Credit Check Total reports..


 

That's because the myFICO reports don't display inqs after one year, because they no longer affect your scores.

 

They will remain on your full credit reports for two years, and lenders will be able to see them.


 

Guess I'll just have to put the Happy Dance on hold until August 2011, lol.. :smileyvery-happy:


 

Hevans no!  Placing the happy dance on hold?  Bite your tongue myfico child (lol), since the inq that you thought dropped off,

 

were still there but passed the 1 year mark...

 

you can still technically do the happy dance to celebrate them aging beyond 1year and no longer damaging your score :smileyvery-happy:

 

IME many lenders also take much less stock in inq more than 1 yr old upon app but this can vary widely and some will probably 'count' them (for purposes of evaluating/decisioning app) for the full two years.


 

Well, instead of doing the happy dance I can just do the Elaine dance instead. :smileyvery-happy: http://www.youtube.com/watch?v=5xi4O1yi6b0

It's a shame, I was planning to go this year without any new inquiries and then apply with the NASA credit union in late December but then First Premier messed me up recently by doing a hard pull before giving me a $100 credit line increase. :smileysad:

I've made on time payments with them for 1 year and 1 month and they still dinged me on TransUnion.


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