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Question regarding inquires

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falcon7xx
Contributor

Question regarding inquires

I have 12 inquiries that are on my credit report that are killing me. I just bought a new car and the dealer went to 8 or 9 different banks for the loan. Is there anyway to get some of these removed so they do not keep killing my credit?





Message 1 of 5
4 REPLIES 4
cwwatts1202
Established Contributor

Re: Question regarding inquires

the ones for the car loan will only count as 1 inquiry

Message 2 of 5
falcon7xx
Contributor

Re: Question regarding inquires

Even thought it counts as one my credit report will still show 8 from banks for auto loans?





Message 3 of 5
guiness56
Epic Contributor

Re: Question regarding inquires

Yes, your CR will show all of them but they are only scored as 1 by FICO if they happened between 2 week and 45 days depending on the model used.

Message 4 of 5
cazz
Regular Contributor

Re: Question regarding inquires

I have 14 inquiries on my CR and they havent lowered my score at all... i know that hard inquiries are bad but is this something i should really be worried about if its not lowering my score?
Message 5 of 5
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