myFICO® Forums
Help
cancel
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for 
Search instead for 
Did you mean: 

100 Apps in a day

tag
Get Access Now
sarge12
Senior Contributor
‎08-24-2016 09:13 PM
‎08-24-2016 09:13 PM

Re: 100 Apps in a day

@Xistaben2 wrote:
I'd have to imagine every open non-amortized account you have would drop you.

The score might fair ok though. My best guess with no evidence at all, would be a drop of 50-60 points per CB if you have a good mix of pulls.

Now if you app Cap1 100 times...

Well since I do not wish my posts next week to be 800 to 350 in a day, I guess I wont try it.

TU fico08=812 07/16/23
EX fico08=809 07/16/23
EQ fico09=812 07/16/23
EX fico09=821 07/16/23
EQ fico bankcard08=832 07/16/23
TU Fico Bankcard 08=840 07/16/23
EQ NG1 fico=802 04/17/21
EQ Resilience index score=58 03/09/21
Unknown score from EX=784 used by Cap1 07/10/20
Message 11 of 69
0 Kudos
sarge12
Senior Contributor
‎08-24-2016 09:14 PM
‎08-24-2016 09:14 PM

Re: 100 Apps in a day

@Xistaben2 wrote:
What would be even worse is if you got 100 approvals and Barclays didn't AA you.

Barclays has never AA me, but do not care for that card or Tdbank card much!

TU fico08=812 07/16/23
EX fico08=809 07/16/23
EQ fico09=812 07/16/23
EX fico09=821 07/16/23
EQ fico bankcard08=832 07/16/23
TU Fico Bankcard 08=840 07/16/23
EQ NG1 fico=802 04/17/21
EQ Resilience index score=58 03/09/21
Unknown score from EX=784 used by Cap1 07/10/20
Message 12 of 69
0 Kudos
Anonymous
Not applicable
‎08-24-2016 09:18 PM
‎08-24-2016 09:18 PM

Re: 100 Apps in a day

I gotta believe the agencies have some type of shut off valve... Meaning after 15-20-25-30-whatever apps in a certain period of time they automatically freeze and deny anything further with the logic being this has to be fraud and it needs to be shut down immedietly
Message 13 of 69
sarge12
Senior Contributor
‎08-24-2016 09:20 PM
‎08-24-2016 09:20 PM

Re: 100 Apps in a day

@Anonymous wrote:
I gotta believe the agencies have some type of shut off valve... Meaning after 15-20-25-30-whatever apps in a certain period of time they automatically freeze and deny anything further with the logic being this has to be fraud and it needs to be shut down immedietly

Probably so, now that you mention it...it would look like identity theft.

TU fico08=812 07/16/23
EX fico08=809 07/16/23
EQ fico09=812 07/16/23
EX fico09=821 07/16/23
EQ fico bankcard08=832 07/16/23
TU Fico Bankcard 08=840 07/16/23
EQ NG1 fico=802 04/17/21
EQ Resilience index score=58 03/09/21
Unknown score from EX=784 used by Cap1 07/10/20
Message 14 of 69
morgacj2004
Valued Contributor
‎08-24-2016 10:06 PM
‎08-24-2016 10:06 PM

Re: 100 Apps in a day

This would be a great question for Ron or Credit Addict?  


AX Hilton Aspire 20k, AX Bonvoy Brilliant 15k, AX BCP 2k, AX Blue Bus Cash 15k, AX Delta Air Platinum 49k, (AU) AX Delta Gold 15k, AX Amazon Prime Bus 25k, BC Uber 29k, AKUSA FCU -10k , CITI AAdvantage Exec World Elite MC 16.5k, Discover (2) 16k, Kohls-4k, VS Comenity $3k, BofA AK Air Siggy 9.8k, WF Propel AX 5k, JCP $10k PFCU Plat Rewards Siggy 39.5k, PFCU Power Cash Rewards AX 10.5k, NFCU Flagship 50k, CLOC 15k, CITI Costco 9.5k, GAP VISA Synchrony $9k,Target MC 9k, Ulta MC Comenity 9k, Pay Pal 1k, CO Venture One 23k, US Bank Radisson Rewards Signature 10k, US Bank Fred Meyers World MC, 11k, US Bank Plat VISA 15.7k, VS Comenity 2k, 240k total available credit. Utiliz-2%, Current FICO EQ-724, EX 763,TU 802 ,Chapt 7 BK D/C 11-2012. Starting scores 520-550
Message 15 of 69
0 Kudos
Anonymous
Not applicable
‎08-24-2016 10:09 PM
‎08-24-2016 10:09 PM

Re: 100 Apps in a day

What I'm saying is that 100 inquires in a day probably wouldn't drop it any more than 10 or 12 in a day. After a few in a short period, they stop having an effect.
Message 16 of 69
0 Kudos
Aduke1122
Senior Contributor
‎08-24-2016 10:20 PM
‎08-24-2016 10:20 PM

Re: 100 Apps in a day

I wouldn't want to find out lol mostly it would have an adverse effect on your accounts that are already opened , they would look at you as a HUGE risk. But as far as scores go I don't think if **you have a strong profile that it would make top much of a difference either way .
Message 17 of 69
0 Kudos
Aduke1122
Senior Contributor
‎08-24-2016 10:21 PM
‎08-24-2016 10:21 PM

Re: 100 Apps in a day

Too***
Message 18 of 69
0 Kudos
sarge12
Senior Contributor
‎08-24-2016 10:35 PM
‎08-24-2016 10:35 PM

Re: 100 Apps in a day

@morgacj2004 wrote:

This would be a great question for Ron or Credit Addict?  

I think 12eletronics is probably right....after a certain number of pulls it would freeze until I called the cb

TU fico08=812 07/16/23
EX fico08=809 07/16/23
EQ fico09=812 07/16/23
EX fico09=821 07/16/23
EQ fico bankcard08=832 07/16/23
TU Fico Bankcard 08=840 07/16/23
EQ NG1 fico=802 04/17/21
EQ Resilience index score=58 03/09/21
Unknown score from EX=784 used by Cap1 07/10/20
Message 19 of 69
0 Kudos
Anonymous
Not applicable
‎08-24-2016 10:38 PM
‎08-24-2016 10:38 PM

Re: 100 Apps in a day

On average an inq costs me between 2 and 4 points and a new account can be anywhere from 0 to 10 points
Message 20 of 69
0 Kudos
† Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.