will credit score increase?

[Anonymous]

Just a quickie,

I have 2 inquiries that will drop of later this month and next, leaving 2 inquiries with no new inquiries in the last year. Will this affect my score positively or does it not make a difference?

[cobra19]

My guess is no change will occur due to 2 inquiries dropping off. 4 inquiries is not a lot.

[marty56]

I also agree with Cobra,  Your CR will look better under MR though.

[haulingthescoreup]

Don't forget that inqs only hurt you on the CRA they appear on. So 2 inqs on EQ don't affect TU and EX, and so forth. Also, you said 2 would "fall off." If they're due to fall off because they're nearly 2 years old, they stopped counting for scoring after one year. If they're moving past one year old, they will still display on your full reports, but they won't affect scoring.

[Junejer]

What HTSU said. Inqs only hurt scores for one year.

[Anonymous]

They hurt FICO only for one year, but they still can influence CCCs in making their decisions. Say, 50 inquiries that are >12 month can still be a reason for rejecting a CC application.

Message Edited by Physicist on 09-04-2008 03:27 PM