topic Re: Credit Inquiries in Credit Card Applications

Credit Inquiries

Anonymous — Sat, 13 May 2017 22:14:22 GMT

Update on Inquiries:

EQ 122 Inq

AAOA 3yr 2m

22% UTI

Ex 98 Inq

AAOA 3yr 2m

22% UTI

TU 36 Inq

AAOA 3yr 5m

22% UTI

UTI will go down once Navy posts my CLI to the Bureaus. Anybody got this many Inquiries or higher. Record setting here. lol.

Re: Credit Inquiries

Anonymous — Fri, 12 May 2017 05:39:25 GMT

If you don't mind me asking, do you know about how many cards you have been approved for in the last 2 years?

I think it's interesting to read about all these different profiles on here.

Re: Credit Inquiries

Anonymous — Fri, 12 May 2017 05:40:15 GMT

I guess this goes under Applications since an Inquiry is produced by an application.

Re: Credit Inquiries

Anonymous — Fri, 12 May 2017 05:48:07 GMT

Way over 40. A few bank cards at first then about 40 store cards. I was just building credit and using the store cards as UTI. Now I have only 1 store card and 1 gas card, the rest is all bank cards. I've closed out a bunch of cards in the last few months. Now that I've built up my credit I no longer need them.. I'll prob weed out a few bank cards as I continue to gain steam. Basically replace high APR's for Lower APR's.

qvcgirl

New Visitor

Re: Credit Inquiries

Anonymous — Fri, 12 May 2017 06:27:19 GMT

Anybody know which Bank Cards will only pull Transunion?

Re: Credit Inquiries

Anonymous — Fri, 12 May 2017 06:50:44 GMT

@Anonymous wrote:
Anybody know which Bank Cards will only pull Transunion?

barclay

Re: Credit Inquiries

Anonymous — Fri, 12 May 2017 07:32:06 GMT

From what I understand, at some point between 8 and 14 inquiries on any single bureau you no longer get penalized for additional inquiries score wise. Under a manual review of course it will look less favorable to have more, but at least it doesn't impact your scores.

OP, out of curiosity, how many of those inquiries per bureau are scoreable... that is, within the last year?

Re: Credit Inquiries

Anonymous — Fri, 12 May 2017 07:46:06 GMT

Brutal, I've rolled off at least 30 so far this year. Yea you are correct tho. As far as scoring it's not having an impact. As a report confirmed, Inquiries played a part but effect was not significant.

Re: Credit Inquiries

Anonymous — Fri, 12 May 2017 07:47:27 GMT

When I was approved with Suncoast they asked why so many inquiries, and I advised APR shopping.

Re: Credit Inquiries

Anonymous — Fri, 12 May 2017 09:45:44 GMT

Holy Cow, that's a lot of inquiries! The information that the negative impact drops off at a certain amount is good to know; it will NOT, however, assist me in my struggles to not fill out applications...

Re: Credit Inquiries

Anonymous — Fri, 12 May 2017 13:01:15 GMT

I know that inquires are a drop in the bucket when it comes to your score but I don't like seeing inquires pile up. I have 3,2,1 on my reports and even that many bugs me. My husband is constantly having his credit pulled and it drives me nuts lol.

Re: Credit Inquiries

Anonymous — Sat, 13 May 2017 03:27:26 GMT

Contributor

Re: Credit Inquiries

Anonymous — Sat, 13 May 2017 03:49:18 GMT

Inquires

Ex - 8, TU 8 Eq 9

The only repercussions I've had is Cap1 denied a CLI because of (too many inquiries).

I'm new to credit so my AAOA seems to be more of a factor then inquires for now.

Re: Credit Inquiries

Anonymous — Sat, 13 May 2017 03:52:23 GMT

Same here. Expect mine with Citibank. Chase denied one app because primary reason to many accounts opened in last 2 years. No mention what so ever about inquiries. All depends on the lender.

Sugarpixie

New Member