topic Re: Inquires in Credit Cards

Inquires

Anonymous — Mon, 31 Dec 2007 20:16:46 GMT

Are any of you aware of how many inquiries you have aquired over the last 6 mos-????

how bad did they affect your score and for how long?

just curious

Re: Inquires

MidnightVoice — Mon, 31 Dec 2007 20:22:39 GMT

EX1, TU 0 and EQ 3. No effects (all from a zero base)

Re: Inquires

Anonymous — Mon, 31 Dec 2007 20:25:30 GMT

wow Midnight thats great!!!! I wonder if anyone gotcha beat

I know I dont--lol I got I think 7 total between all the CCs and store CCs--my LOC did one hard to review for an increase (sucked) Got about 15 for car----they told me they only pulled from 3 companies--big fat lie and about 4 for mortgage (when was planning to refinance)--so really I gues you can consider it as 9 since car and mortgage only count once

Re: Inquires

rubaty — Mon, 31 Dec 2007 20:48:23 GMT

Total inquires since June 07:

TU: 2 EQ: 4 EX: 8

Everything was approved for a total of 8 new CC's and an auto loan.

Re: Inquires

Anonymous — Mon, 31 Dec 2007 21:16:05 GMT

Total or in the last year?

Total

EX 13

EQ 1

TU 0

in last 12 months-

EX 7

EQ 1

TU 0

Re: Inquires

marty56 — Mon, 31 Dec 2007 21:43:38 GMT

Last 2+ years

TU Wachovia (08/ 07) for opeing a checking account (why did I need another checking account?)

TU National City (12/07) accepting pre-approval for Visa card (quilty as charged)

EQ: Verizon (06/ 07) cell phone (should have check here before I got a cell phone)

EQ: Bill Me Latter (12/07) My new computer (it better fly)

EX: None

EQ smacked me 15 points on 2nd inq

I wish inqs could be seperated by type of account and reason.

Message Edited by marty56 on 12-31-2007 01:43 PM

Re: Inquires

Anonymous — Mon, 31 Dec 2007 22:07:08 GMT

Past 12 mo- 5

Total 24mo- 5

Re: Inquires

Anonymous — Mon, 31 Dec 2007 22:18:05 GMT

Last year:

EQ: 1 (new checking account) hard pull

EX:0

TU:0

Last 2 yrs:

TU: 2 (new car)

EX: 1 (new car)

I don't think the inquiries hurt me at all.

I don't have any soft pulls at all. Nobody cares about me. lol

Message Edited by esshua on 12-31-2007 05:18 PM

Re: Inquires

Anonymous — Mon, 31 Dec 2007 23:50:52 GMT

esshua I think you are right they probably didnt affect u at all

Re: Inquires

haulingthescoreup — Tue, 01 Jan 2008 02:20:54 GMT

Last 12 months, since Dec 07:

2 EQ (one in Dec 07, gone now; other Sept 07)

1 TU (also Dec 07, gone now)

1 EX (Feb 07)

Just looked at the score alert for when the Sep 07 inq posted, and there was no score change. Also there was no change the account was added three days later. Gotta admit, I'm surprised about that! It's a HELOC, so it didn't go on and do anything particularly wonderful in score land (treated as installment.)

Re: Inquires

Anonymous — Tue, 01 Jan 2008 02:56:27 GMT

the count shows as follows;

tu = 5

eq = 7

ex = 15

this includes a mortgage, a car purchase and 3 car refi's (twice) this year. also includes a boat load of cc's, 2 looc's and 3 sig loans.

ironically scores (except for ex) are still rising due to getting the following baddies removed;

tu = 8 paid collections, 3 x 30 and 2 x 60 cap1 lates from 2003

eq = 2 paid collections, 3 x 30 and 2 x 60 cap1 lates from 2003

ex = 3 paid collections, 3 x 30 and 2 x 60 cap1 lates from 2003

leaves 1 paid collection on ex as my lone baddie (interestingly it was removed from tu and eq though).

Re: Inquires

wmarat — Tue, 01 Jan 2008 07:22:15 GMT

EX 22

EQ 10

TU 0

Message Edited by wmarat on 12-31-2007 11:22 PM

Re: Inquires

Anonymous — Tue, 01 Jan 2008 12:14:13 GMT

OK, 4 inquiries:

2 - TU car loan (VW Credit and VW dealer), it really only counts as 1 inquiry

1 - EQ AT&T (changed our internet service)

1 - EX Commerce Energy (changed our electric company)

No score change. Existing car loan paid in full and then new car loan two months later...

Re: Inquires

Anonymous — Tue, 01 Jan 2008 12:46:39 GMT

eq 20

tu8

ex9

no more to 2008

but need cell phone..

Re: Inquires

llecs — Tue, 01 Jan 2008 16:07:44 GMT

Sad to admit but within the past 12 mo.....

TU: 8

EQ: 33

EX: 23

Most of these (85%) came after my credit journey began on Aug 1. My scores have tanked an average of 35 points each since Sept/early Oct. I don't think the inquiries hurt, but the 7 new accounts since Aug 1 sure did!

Re: Inquires

Anonymous — Tue, 01 Jan 2008 16:18:40 GMT

Last Two Years:

TU: 5/06 for furniture financing, 8/06 opened bank overdraft protection, 10/06 new cell phone account

EQ: 12/07 for snowblower financing

My EQ score dropped slightly after the snowblower thing, but probably from the new account, not just the inquiry.

krystofur

Re: Inquires

Anonymous — Tue, 01 Jan 2008 21:14:04 GMT

I mut say you guys numbers look good compared to mines however about 8-10 on each report are relatede to car purchase and about another 8-10 in reference to mortgage ---but I have 31 on Equifax 25 on Transunion and 17 on Experian---I have 8 coming off 2 reports by end of Febraury and 9 on the other--so by the time I pull my reports again from FICO which I plan to do 03/17/2008 which is 3 mos from my last pull they will look a little better LOL---if not the same which is fine wit--but I am sure better since all those new accounts in the past 6 mos will have time to start reporting some good history

inquires

Anonymous — Thu, 13 Mar 2008 21:09:37 GMT

Now CC company's pull a hard inq when someone tries to apply joint, Would It be the same if I were to got out their & apply on my own? or do they review your CR in a different way? help I'm confused : (

Y

Re: inquires

Anonymous — Thu, 13 Mar 2008 21:44:33 GMT

In the last year (last month, really!): EX - 2 EQ - 0 TU - 0 These two inquires led to two new credit cards - my score has gone up by 40 points in the last month.

Re: inquires

haulingthescoreup — Fri, 14 Mar 2008 00:18:14 GMT

@Anonymous wrote:
Now CC company's pull a hard inq when someone tries to apply joint, Would It be the same if I were to got out their & apply on my own? or do they review your CR in a different way? help I'm confused

Some CCC's do a hard when someone wants to go joint; some don't. I got the impression from Discover last fall that they are less picky about the 2nd (joint) applicant. After all, since it's joint, they can always go after the original cardholder.

But most CCC's are running scared now, so there's no telling what they would do these days. I wouldn't be afraid to call the company and ask them if they have different standards for someone adding on as joint versus app'ing on your own.

In general, I'm in favor of keeping credit completely separate from anyone else, but there are good reasons for joint and AU as well. I'm AU on DH's Discover to pick up the history on the card. (I don't use it.) Joint status is scary. No one ever wants to think that the other joint user (usually a spouse) could max out a card and vanish, but it happens more than you'd like to think. If someone really needs to go joint, I think there's an argument for doing it on a card with a relatively low CL, and both people reviewing usage on the card frequently.