topic Hard Inquiries after 12 months. in Understanding FICO® Scoring

Hard Inquiries after 12 months.

claus — Wed, 28 Feb 2024 23:35:26 GMT

Hello,

Do the credit score reduction from Hard Inquiries are restored after 12 months? I know Hard Inquiries take 24 months to fall off completely. Just wondering if scores can come back sooner.

Thank you.

Re: Hard Inquiries after 12 months.

markbeiser — Wed, 28 Feb 2024 23:37:40 GMT

They stop being a scoring factor in FICO scores after 12 months, but they count against you for the full 24 months on Vantage scores.

Re: Hard Inquiries after 12 months.

pizzadude — Thu, 29 Feb 2024 01:24:37 GMT

Also keep in mind that your FICO score won't necessarily gain the exact number of points back when the inquiry hits 1 year old as your AAoA won't be the same and other factors such as revolving utilization.

Re: Hard Inquiries after 12 months.

claus — Thu, 29 Feb 2024 04:39:36 GMT

Thank you.

Re: Hard Inquiries after 12 months.

Anonymous — Mon, 04 Mar 2024 20:44:23 GMT

Data shows that, although inquiries drop off of your reports at 24 months, all points are returned at 12 months. If you lost 8 points due to a hard inquiry; 8 points will be returned in 12 months.

Re: Hard Inquiries after 12 months.

claus — Thu, 14 Mar 2024 02:27:07 GMT

It was about 3 to 6 points per inquiry across the big 3 for me. I observed the difference over a year.

Really thankful for a few worthless CC applications that I should have stayed away from

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