General Credit Topics

[hyd12]

Hello,

I read somewhere that when you shop around for car or mortgage loans, the inquiries made during a month will be merged as one inquiry.

I had two mortgage loan inquiries, one on 8/17/12 and one on 9/5/12 and when I checked my transunion report on 10/5/12,  I saw them as two inquiries. 

My question is, is it showing two inquiries only to me as a consumer or will it be the same to creditors. Should I dispute the record?

I appreciate any help and thanks in advance.

[apandabear]

They won't merge into one inquiry. In FICO scoring models, they are scored as one inquiry, as long as they are coded the same (for auto loan purposes) and within a 45-day period.

Everyone will see 2 inquiries, including you and any creditors that see your report. But when it comes to your FICO score, the two inquiries will only be counted once.

[hyd12]

Thank you very much for the response.