Can I goodwill credit inquiries away?

[gagirl82]

Hi everyone!

So back in March my car died and I had to get another one.  In the process of getting a new car my credit got ran like a MILLION times without me knowing it.  While I did get a car loan and a pretty good rate, I also got lots and lots of inquires.  I specifically told the car sales men that I did not want my credit ran more than one time but without my knowledge they ran it anyway! I do recall reading on here that once you sign the authorization paperwork they have the right to do so.  I am trying to figure out how I can get the inquires removed before the two year period, because I would like to purchase a home next year...and im pretty sure all those inquiries will not go over well.  Do you guys think I can send out goodwill letters to have the inquires removed? Thanks in advance for any advice!

[gizmotchy]

According to everything I've read on the FICO scoring model, lots of inquiries like this over a certain period of time are to be treated as a single inquiry, allowing you to shop for the best interest rate.  If all these inquiries were made within a 2-3 day time period, you shouldn't have anything to worry about.

[xaiduz114]

+1

I've heard the same about mortgages, too, since people often shop around for the best rates. You could definitely try GWing them, though. I don't see any harm in it.

[myjourney]

As long as the INQ's are coded correctly in home or auto shopping within a certain time frame it's considered as one .

However sometimes they're not coded right and only under manual review would it be noticed by a analyst or underwriter