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Contributor
umut
Posts: 133
Registered: ‎03-06-2012

inquiries

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

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

Re: inquiries

I would say 6-12

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

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Established Contributor
dyv8914
Posts: 825
Registered: ‎12-28-2011

Re: inquiries

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

Moderator
pizzadude
Posts: 8,163
Registered: ‎01-28-2010

Re: inquiries


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
Established Contributor
SwiftTone
Posts: 1,011
Registered: ‎02-27-2012

Re: inquiries

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: $1537/$11,200, CSP: $2364/$6500, Chase Priority Club: $0/$3500, Freedom: $2893/$5000, Barclays NFL: $0/$7000 Discover: $1573/$10,000, Citi Dividend: $0/$2000

EQ FICO - 719
TU FICO - 721
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Valued Contributor
jamesdwi
Posts: 1,390
Registered: ‎09-16-2011

Re: inquiries


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. 

 

 


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Valued Member
singulardedication
Posts: 49
Registered: ‎02-01-2012

Re: inquiries


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]
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Established Contributor
SwiftTone
Posts: 1,011
Registered: ‎02-27-2012

Re: inquiries

[ Edited ]

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: $1537/$11,200, CSP: $2364/$6500, Chase Priority Club: $0/$3500, Freedom: $2893/$5000, Barclays NFL: $0/$7000 Discover: $1573/$10,000, Citi Dividend: $0/$2000

EQ FICO - 719
TU FICO - 721
EX FICO(AMEX) - 712
Established Contributor
logan_720
Posts: 608
Registered: ‎02-02-2012

Re: inquiries


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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