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Regular Contributor
babbles
Posts: 144
Registered: ‎11-11-2007

deleted inquires

To my understanding, inquires could impact your scores negatively but what about when they are deleted? I had 13 inquires deleted for this year alone in one shot through an online dispute that I did but my scores didn't change? Anyone have an idea why?
Moderator Emeritus
Timothy
Posts: 9,252
Registered: ‎03-19-2007

Re: deleted inquires

Inquires and New Credit only account for 10% of your score. They also only count in the FICO formula for the last 1 year even though they stay on the credit report for 2 years.

I hope this is enough information to answer your question.



babbles wrote:
To my understanding, inquires could impact your scores negatively but what about when they are deleted? I had 13 inquires deleted for this year alone in one shot through an online dispute that I did but my scores didn't change? Anyone have an idea why?


Mega Contributor
RobertEG
Posts: 17,272
Registered: ‎03-19-2007

Re: deleted inquires

Yes, true that inquiries only count on your score for one year, but remain on your report for two years because potential creditors use your report to make credit decisions, and not just your raw score.  FICO score is just one indicator, and few execpt the simplist decisions are made by looking only at the score number.

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