09-12-2007 02:03 PM
09-12-2007 02:15 PM
They count against your score for 1 year and drop off after 2 years (tomorrow)
Elexi21 wrote:I have 3 hard inquiries on my credit report dated 9/13/05...I thought I heard somewhere that they "drop off" your credit report after two years. Is that correct?
09-12-2007 02:15 PM
Yes. So Happy Birthday and Farewell to those inqs tomorrow. Even better, they stopped factoring into your FICO score a year ago. The score only counts inqs from the past 12 months.
I have 3 hard inquiries on my credit report dated 9/13/05...I thought I heard somewhere that they "drop off" your credit report after two years. Is that correct?
09-12-2007 02:26 PM
09-12-2007 02:44 PM - edited 09-12-2007 08:56 PM
09-12-2007 03:14 PM
No fused, you are confused. It's the reverse. The inqs appear on the CRs for 2 yrs. but only count for one for scoring. I suppose they might count against you on a manual review if you have 50 inqs between 12 - 24 months previously.
So what you're saying is they count against you for two years but only stay on your reports for one year??
09-12-2007 03:54 PM - edited 09-12-2007 03:54 PM
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.
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.