creditnocash wrote:
Wolf3 wrote:What about those who are planning to refinance a mortgage? Is that in or out of the garden?
if you take an inquiry to refinance your out but its a big reason to step out. and hopefully for the better.
ANY hard pull will result in this.
The rule is specifically any HP that leads to a tradeline, or has the possibility of leading to a new tradeline, or is a change in the tradeline (CLI's being the example there).
As a refinance of either a mortgage or auto loan leads to a new tradeline, that is considered stepping out of the garden... though both absolutely worth doing so for unlike some number of credit card applications. Gardening is a tool after all, not an end goal in itself.
There are a few other reasons for inquiries though, rental check, new utilities, or renting a car with a debit card (unlikely on this particular forum I admit) that have no chance of leading to a tradeline and are considered unavoidable. As such they don't reset your gardening timeline.
Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)Current Score: EQ 660, Wally TU 697, EX unknown (05/13/13)
Goal Score: 680 in all three (01/01/14)
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