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umut
Posts: 85
Registered: ‎03-06-2012

inquiries

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‎03-06-2012 04:34 PM

after how many months the banks doesnt take serious about the too many inquiries

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Frequent Contributor
mmduluth
Posts: 320
Registered: ‎05-17-2011

Re: inquiries

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‎03-06-2012 04:37 PM

I would say 6-12

EQ FICO - 718 - 01/10/2012 EX FICO - 732 - 04/28/2012 (AMEX)

Cap1 Platinum (1000) Macy’s (2000) Chase Freedom (3000) Kohls (600) Best Buy (2700) Amex BCE (5500) Chase Sapphire (5000) CarCare1 (1600) Discover IT (4000)
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dyv8914
Posts: 825
Registered: ‎12-28-2011

Re: inquiries

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‎03-06-2012 04:39 PM

I think its 12 months and inquiries no longer count towards FICO scoring.

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pizzadude
Posts: 6,203
Registered: ‎01-28-2010

Re: inquiries

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‎03-06-2012 04:59 PM

dyv8914 wrote:

I think its 12 months and inquiries no longer count towards FICO scoring.


+1.  Inquiries remain visible on your reports for 2 years but are only counted in scoring for 1 year. 

 

And it varies by creditors in terms of how many inquries is too many, and also when creditors stop counting inquiries as recent ~ they might look over the past 6 or even 12 months.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
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SwiftTone
Posts: 984
Registered: ‎02-27-2012

Re: inquiries

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‎03-06-2012 05:07 PM

I applied for my first Chase account back in 11/2011. On my credit report on myfico, it says "you have no inquiries affecting your FICO score"

 

 

BCE: $0/$8500, CSP: $15/$5000, Chase Priority Club: $0/$3500, Freedom: $0/$5000, Barclays NFL: $0/$7000 Discover: $0/$4750, Citi Dividend: $0/$2000 Cap1 x2 $0/$2250

EQ FICO - 07/2012: 699, 08/2012: 714, 10/2012: 729, 11/2012: 686, 12/2012: 723, 01/2013: 737, 03/2013: 725, 04/2013: 734, 05/2013: 736
EX FICO(AMEX) - 10/2012: 712
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Valued Contributor
jamesdwi
Posts: 1,083
Registered: ‎09-16-2011

Re: inquiries

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‎03-06-2012 06:48 PM

umut wrote:

after how many months the banks doesnt take serious about the too many inquiries

as stated below, its 1 year for fico scoring but reports for two years, but never discount that they may report excessive INQ's as the reason for denial even if its just 2, if they denied for other internal reasons they don't want to tell you. Why else would you see people getting prime cards with 6, 8, 10, or even 20 INQ's and some people are denied for having 2. 

 

 

Wallet: FNBO DISC 7.5k, , Chase Freedom 3k & Slate 3k, AMEX BCP 7.5k & AMEX Hilton Surpass 5.5k & Zync NPSL, Walmart 3.3k, CapOne AU 1.5k
Sockdrawer: Paypal Extras MC 3.2k, CapOne 2k, CapOne 750, Amazon 3.9k, Sams Club store 4.8k, and a nice stack of store cards.
Last APP 5/16/2013
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Valued Member
singulardedication
Posts: 49
Registered: ‎02-01-2012

Re: inquiries

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‎03-06-2012 06:58 PM

SwiftTone wrote:

I applied for my first Chase account back in 11/2011. On my credit report on myfico, it says "you have no inquiries affecting your FICO score"

 


FYI Chase may have pulled a different Credit Bureau so its not showing on your myFico report.  

Starting Score: TU 732 | EQ 655 | EX Plus 725 [Jan 2012]
Current Score: TU 697 | EQ 694 | EX 659 (psecu) [aPRIL 2012]
Goal Score: 760 In Aggressive paydown mode, thinking Amex BCE for 2013

Take the FICO Fitness Challenge
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Established Contributor
SwiftTone
Posts: 984
Registered: ‎02-27-2012

Re: inquiries

[ Edited ]
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‎03-06-2012 07:16 PM - last edited on ‎03-06-2012 07:44 PM by

singulardedication wrote:

SwiftTone wrote:

I applied for my first Chase account back in 11/2011. On my credit report on myfico, it says "you have no inquiries affecting your FICO score"

 


FYI Chase may have pulled a different Credit Bureau so its not showing on your myFico report.  

 

You were right, myfico TU and EQ didn't show the inqury but my experian showed it on the report.

BCE: $0/$8500, CSP: $15/$5000, Chase Priority Club: $0/$3500, Freedom: $0/$5000, Barclays NFL: $0/$7000 Discover: $0/$4750, Citi Dividend: $0/$2000 Cap1 x2 $0/$2250

EQ FICO - 07/2012: 699, 08/2012: 714, 10/2012: 729, 11/2012: 686, 12/2012: 723, 01/2013: 737, 03/2013: 725, 04/2013: 734, 05/2013: 736
EX FICO(AMEX) - 10/2012: 712
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Established Contributor
logan_720
Posts: 606
Registered: ‎02-02-2012

Re: inquiries

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‎03-06-2012 07:34 PM

pizzadude wrote:
dyv8914 wrote:

I think its 12 months and inquiries no longer count towards FICO scoring.


+1.  Inquiries remain visible on your reports for 2 years but are only counted in scoring for 1 year. 

 

And it varies by creditors in terms of how many inquries is too many, and also when creditors stop counting inquiries as recent ~ they might look over the past 6 or even 12 months.

Discover denied me for inquiries that were in the18-24 month range.
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