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That really depends on each profile. A loss of like 3-5 points is about average but the hit for a new account and the cut of the AAoA can be a whole lot more.
Thanks that is about what I figured ,but just wanted some confirmation from some one more knowledgeable than my self on scoring .
It also depends where they hit. What matters for your score vs a particular bureau is how many INQ's you have at THAT bureau. Some lenders hit multiple bureaus but somme only hit one, and different lenders hit different ones.
So 9 INQ's that all hit TU is different than 3 at each bureau, for example.
@lg8302ch wrote:That really depends on each profile.
This. In other words, two people with the same number of inquiries can see entirely different results. A thinner/poor profile will generally be able to handle fewer inquiries than a thicker profile in good shape.
It's never just a matter of the action itself. It always depends on one's credit profile and how the action factors in.
People obsess over inquiries and given that many here are building/rebuilding that's not a surprise as they tend to have a bigger impact for such people. That said, inquiries have a relatively small impact. People really need to be concerned about all the factors -- not just one.