10-17-2008 11:36 AM - edited 10-17-2008 11:53 AM
I have 5 inquiries from 10/07 that will drop off (at least for points purposes - they will be > 1 year old) at the end of this month. Any thoughts on how many points I can look to gain?
PS - I realize they don't actually go away until after the 2 year mark...just to clarify...right now I have 8 inquiries showing up on my Experian report from MyFico. Five of these are dated 10/21-10/31/07, which will only leave three as of November 1st for scoring purposes.
10-17-2008 12:03 PM
10-17-2008 04:42 PM
One inqury usually drops me by 3 points, but I heard multiple inquiries drops it even further. So at the bare minimum, I would say you're looking at a 15 point gain.
Copyright ©2001-2013 Fair Isaac Corporation.
All rights reserved.
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions based on Experian or Equifax data (additional FICO® Score versions based on TransUnion data are not currently available on myFICO.com). 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.