Credit Cards Center Credit cards from our partners
Reply
Moderator
Posts: 16,322
Registered: ‎12-30-2011
0

Re: How many Inq are to many?

[ Edited ]

If I am not looking for a house or a car in the future (or one-offs like a HELOC or private student loans too admittedly), I don't care.  At all.  That's with my being a dirty file too.

 

Fact is I've been approved for everything except for a 5/24 denial from Chase, and I leveraged my credit more in the last year than is typical for me... got mortgage, stopped caring.  Now that I may want to move, I am caring and it's got to be something darned useful like a Schwab debit card for overseas travel to get me to take another inquiry.  Always have a reason for an application, and if there's something higher priority than a credit card or similar, focus on that is my modus operandi.

 

This is with mortgage pulls deduped, raw actual count is somewhat higher (+4 on every 2 year count, +1 on EQ 1 year count as well). 

 

1 Year:

EQ = 4, TU = 1, EX = 5

 

2 Year:

EQ = 7, TU = 6, EX = 10

 

 

 

Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 693, EX 2 719, EQ 8 732, TU 8 732, EX 8 728 (2/01/17)
Goal Score:    EQ 5 750, EX 2 750, EQ 8 800, TU 8 Blah, EX 8 800 (01/01/18)


Take the myFICO Fitness Challenge
Valued Contributor
Posts: 1,385
Registered: ‎07-18-2015
0

Re: How many Inq are to many?

I don't have that many fingers and toes!

in 2 years around or at 30 on each

Most come off at the end of this year. Ive been a good boy and only did Navy (which is a must), BofA, and 2 CITI cards in January. 


EQ684
TU676
EX683
Contributor
Posts: 99
Registered: ‎12-31-2016
0

Re: How many Inq are to many?

2-EX

2-EQ

4-TU

 

Total of 4 INQ since 2014 (Chase, CapOne, Barclaycard and Synchrony). Planning to app for at least two more cards this year since I got my eye on Chase again as well as Amex. 


FICO 8 Scores 12/30/2016: EX-596; TU-604; EQ-591
Current: EX-620; TU-604; EQ-591
New Visitor
Posts: 3
Registered: ‎02-16-2017
0

Re: How many Inq are to many?

13-14 on each report.    Getting more doesn't seem to affect my score that much anymore.

Highlighted
Moderator
Posts: 16,322
Registered: ‎12-30-2011
0

Re: How many Inq are to many?

[ Edited ]

aliendroid wrote:

13-14 on each report.    Getting more doesn't seem to affect my score that much anymore.


Not certain there's a penalty above 6 TBH (within a year that is, inquiries beyond a year don't count score wise of course).  I haven't racked up enough data personally but I did note a non-trivial drop at 6 inquiries explicitly for FICO 8, and another individual who has tested inquiries far more than I ever will stated 6 was basically as bad as it gets so I suspect that data is pretty solid.

Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 693, EX 2 719, EQ 8 732, TU 8 732, EX 8 728 (2/01/17)
Goal Score:    EQ 5 750, EX 2 750, EQ 8 800, TU 8 Blah, EX 8 800 (01/01/18)


Take the myFICO Fitness Challenge

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.