@Anonymous wrote:I'm not sure about in a day, but I did 97 apps in 2 months between 3 bureaus, 39 EX, 33 TU and 25 EQ. My denial letters has been "EXCESSIVE in bold/caps INQUIRIES from different creditors"... Actually the last 10 has been that denial reason
Everyone here is correct, it has diminishing effect, I think I lost about 20 points total with EX, 23 with TU and maybe 19 with EQ. But it's so hard to gauge because my credit keeps "trying" to improve but then I hit it with inquiries or new accounts... then I dont know again which one hurts my score
My most drop was when I paid off all cards, but also added another 3-4 inquiries and 2 new accounts.... I dropped another 19-24 points between EX and EQ. Again not sure if that's from inquiries....
Anyway, I just froze all my report so I can stop my madness with apping. This is trully CAN be addictive!
I wanted to add a response. Out of all these post responses, yours is the only one that has given real experience info of what the actual effects on credit scores a huge amount of hp's might have....and it appears...not that huge. Maybe I, and many others, worry about that hp a bit too much. I am not in the camp that acts like a hp will surely be the end of life as I know it, but it appears I have given it too much concern still the same. I know I was shocked when my 5 recent hp's did not cause a major plummet in my score. Thank you for responding.
And to think I got excited thinking you really were going to try this. It is always fun to watch someone ELSE experimenting with their credit score.
@sarge12 wrote:
@Anonymous wrote:I'm not sure about in a day, but I did 97 apps in 2 months between 3 bureaus, 39 EX, 33 TU and 25 EQ. My denial letters has been "EXCESSIVE in bold/caps INQUIRIES from different creditors"... Actually the last 10 has been that denial reason
Everyone here is correct, it has diminishing effect, I think I lost about 20 points total with EX, 23 with TU and maybe 19 with EQ. But it's so hard to gauge because my credit keeps "trying" to improve but then I hit it with inquiries or new accounts... then I dont know again which one hurts my score
My most drop was when I paid off all cards, but also added another 3-4 inquiries and 2 new accounts.... I dropped another 19-24 points between EX and EQ. Again not sure if that's from inquiries....
Anyway, I just froze all my report so I can stop my madness with apping. This is trully CAN be addictive!
I wanted to add a response. Out of all these post responses, yours is the only one that has given real experience info of what the actual effects on credit scores a huge amount of hp's might have....and it appears...not that huge. Maybe I, and many others, worry about that hp a bit too much. I am not in the camp that acts like a hp will surely be the end of life as I know it, but it appears I have given it too much concern still the same. I know I was shocked when my 5 recent hp's did not cause a major plummet in my score. Thank you for responding.
Haha - well another downside on this is that, there's a huge possibility you get AA or CLD because of so many inquiries... I have read quite a few of those. Synch called me when I applied for Ebates and told me that I have so many inquiries and asked me why..." I said hey I got all these offers and I like all the rewards that I can get so I signed up for all of it... bad thing is that, some of these creditors lied because even though they said I was pre-approved... they denied me after seeing my inquiries" anyway, long story short, I gave them a pretty good details of why I have these so many inquiries, at the end of my "RECON" SYNCH still says "Hell No, you ain't getting another one of our card" hehehe... so I'm left with 3 of their cards...the rep also said that it's better if I try to cool off because any other apps they get will be automatically declined with no possible parole! hahaha lol I meant Recon 
@Anonymous wrote:Haha - well another downside on this is that, there's a huge possibility you get AA or CLD because of so many inquiries... I have read quite a few of those. Synch called me when I applied for Ebates and told me that I have so many inquiries and asked me why..." I said hey I got all these offers and I like all the rewards that I can get so I signed up for all of it... bad thing is that, some of these creditors lied because even though they said I was pre-approved... they denied me after seeing my inquiries" anyway, long story short, I gave them a pretty good details of why I have these so many inquiries, at the end of my "RECON" SYNCH still says "Hell No, you ain't getting another one of our card" hehehe... so I'm left with 3 of their cards...the rep also said that it's better if I try to cool off because any other apps they get will be automatically declined with no possible parole! hahaha lol I meant Recon
@mc08816
So out of the 97 applications done within the 2 month period, how many accounts did you get approved?
Great Question that is exactly what I would love to know!
@Anonymous wrote:
@Anonymous wrote:Haha - well another downside on this is that, there's a huge possibility you get AA or CLD because of so many inquiries... I have read quite a few of those. Synch called me when I applied for Ebates and told me that I have so many inquiries and asked me why..." I said hey I got all these offers and I like all the rewards that I can get so I signed up for all of it... bad thing is that, some of these creditors lied because even though they said I was pre-approved... they denied me after seeing my inquiries" anyway, long story short, I gave them a pretty good details of why I have these so many inquiries, at the end of my "RECON" SYNCH still says "Hell No, you ain't getting another one of our card" hehehe... so I'm left with 3 of their cards...the rep also said that it's better if I try to cool off because any other apps they get will be automatically declined with no possible parole! hahaha lol I meant Recon
@mc08816
So out of the 97 applications done within the 2 month period, how many accounts did you get approved?
I agree with the other poster....this is an outstanding question.
@sarge12 wrote:
@Anonymous wrote:
@Anonymous wrote:Haha - well another downside on this is that, there's a huge possibility you get AA or CLD because of so many inquiries... I have read quite a few of those. Synch called me when I applied for Ebates and told me that I have so many inquiries and asked me why..." I said hey I got all these offers and I like all the rewards that I can get so I signed up for all of it... bad thing is that, some of these creditors lied because even though they said I was pre-approved... they denied me after seeing my inquiries" anyway, long story short, I gave them a pretty good details of why I have these so many inquiries, at the end of my "RECON" SYNCH still says "Hell No, you ain't getting another one of our card" hehehe... so I'm left with 3 of their cards...the rep also said that it's better if I try to cool off because any other apps they get will be automatically declined with no possible parole! hahaha lol I meant Recon
@mc08816
So out of the 97 applications done within the 2 month period, how many accounts did you get approved?
I agree with the other poster....this is an outstanding question.
I think we can use his info and disect it. Looking forward to the answer.