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Regular Contributor
too-much-time
Posts: 171
Registered: ‎08-20-2010
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Score before or after hard inquiry

[ Edited ]

A hard inquiry lowers one's FICO score. Does that mean that the score from the hard inquiry comes before or after that hard inquiry? I would imagine it's after, but then again maybe a software inquiry is done first to establish the score, then a hard to indicate applying for credit. (I'm referring to when lenders, not you, pull your scores.)

 

Valued Contributor
gdale6
Posts: 9,690
Registered: ‎12-13-2013
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Re: Score before or after hard inquiry


too-much-time wrote:

A hard inquiry lowers one's FICO score. Does that mean that the score from the hard inquiry comes before or after that hard inquiry? I would imagine it's after, but then again maybe a software inquiry is done first to establish the score, then a hard to indicate applying for credit. (I'm referring to when lenders, not you, pull your scores.)

 


The score is generated on info already on file with the CRA, since the inquiry is not present it isnt included in the score calculation. The score that they may send to you is the score prior to their hard inquiry being added...

EX Cred Ses 12/14: 796 ; EX Fico 04 V2 06/14: 775; EX Fico 08 07/14 778 ; EX Fico 08 BC 12/14: 858
EQ Fico 05/14 781 ; EQ MPM 12/14: 750
TU Fico 8 12/14: 719; TU MPM 06/14 706
Valued Contributor
Gunnar419
Posts: 1,272
Registered: ‎01-23-2013
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Re: Score before or after hard inquiry

gdale, I've been curious about that, too. Thanks for the answer.

 

Established Contributor
YahComb
Posts: 599
Registered: ‎03-10-2012
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Re: Score before or after hard inquiry

if they only scored you post pull, you'd never really get to apply with an inquiry free report.  Considering for a lot of people, that first inquiry inside of 12 months  may be the one that drops your score the most, it would kinda defeat the purpose.

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