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Valued Contributor
oracles
Posts: 1,699
Registered: ‎08-18-2007
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chase cli for 2 cards

If i have 2 chase cards and i want to do a cli on both in the same day, does that count for only 1 inquiry? thanks
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cheddar
Posts: 6,794
Registered: ‎09-29-2007
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Re: chase cli for 2 cards

[ Edited ]


oracles wrote:
If i have 2 chase cards and i want to do a cli on both in the same day, does that count for only 1 inquiry? thanks

Good question.  I would suspect it would involve two pulls, but I'm not sure about that.
 
As far as whether it counts for one inquiry, as far as FICO is concerned the answer is yes.  FICO would deduplicate them even if they pulled twice, but they would still show as two inquiries on your report.
 


Message Edited by cheddar on 07-05-2008 06:25 PM
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MidnightVoice
Posts: 8,161
Registered: ‎03-25-2007
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Re: chase cli for 2 cards



cheddar wrote:








oracles wrote:
If i have 2 chase cards and i want to do a cli on both in the same day, does that count for only 1 inquiry? thanks




Good question.  I would suspect it would involve two pulls, but I'm not sure about that.

 

As far as whether it counts for one inquiry, as far as FICO is concerned the answer is yes.  FICO would deduplicate them even if they pulled twice, but they would still show as two inquiries on your report.

 


Message Edited by cheddar on 07-05-2008 06:25 PM




Why would FICO count them as one if they were for CLIs?
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Moderator Emeritus
cheddar
Posts: 6,794
Registered: ‎09-29-2007
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Re: chase cli for 2 cards



MidnightVoice wrote:

Why would FICO count them as one if they were for CLIs?

FICO de-dupes same-creditor INQs, similar to the way that auto loan INQs are de-duped.  Except in this case it's not the type of INQ that matters, but the actual creditor.
 
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Valued Contributor
oracles
Posts: 1,699
Registered: ‎08-18-2007
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Re: chase cli for 2 cards

thanks cheddar, that is what i thought.

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