topic Re: Inquiry anniversary date in Understanding FICO® Scoring

Inquiry anniversary date

Anonymous — Thu, 19 Jul 2012 13:09:55 GMT

When exactly will an inquiry stop affecting a FICO score? Say my last inquiry was July 31, 2011. Will it cease to affect my score on August 1, 2012? August 31, 2012? September 1, 2012?

Re: Inquiry anniversary date

pizzadude — Thu, 19 Jul 2012 15:22:35 GMT

@Anonymous wrote:
When exactly will an inquiry stop affecting a FICO score? Say my last inquiry was July 31, 2011. Will it cease to affect my score on August 1, 2012? August 31, 2012? September 1, 2012?

It should stop affecting your score on August 1, 2012, but will remain visible on your reports for one additional year.

Re: Inquiry anniversary date

Anonymous — Thu, 19 Jul 2012 20:59:46 GMT

even though it would stop affecting your score after a year it also has minimal impact on your score towards the end of the year. so dont go expecting huge gains on its one year mark

Re: Inquiry anniversary date

pizzadude — Fri, 20 Jul 2012 03:50:20 GMT

@Anonymous wrote:
even though it would stop affecting your score after a year it also has minimal impact on your score towards the end of the year. so dont go expecting huge gains on its one year mark

I don't know for certain that inquiry damage fades over the course of time like late payments.

Re: Inquiry anniversary date

Anonymous — Fri, 20 Jul 2012 05:32:58 GMT

@pizzadude wrote:
@Anonymous wrote:
even though it would stop affecting your score after a year it also has minimal impact on your score towards the end of the year. so dont go expecting huge gains on its one year mark
I don't know for certain that inquiry damage fades over the course of time like late payments.

ill find out for sure in about 2 mos i have 7 inquiries on eq due to hit one year within a 2 week span so i guess ill see what the impact will be

Re: Inquiry anniversary date

Anonymous — Fri, 20 Jul 2012 10:52:49 GMT

I just had two inquiries hit the one year mark with no change on Ex Plus score.

Re: Inquiry anniversary date

pizzadude — Fri, 20 Jul 2012 13:54:33 GMT

@Anonymous wrote:
I just had two inquiries hit the one year mark with no change on Ex Plus score.

I'm pretty sure that FAKOs follow their own rules about scoring inquiries, different time period, etc...

Re: Inquiry anniversary date

Anonymous — Fri, 20 Jul 2012 15:50:37 GMT

@pizzadude wrote:
@Anonymous wrote:
I just had two inquiries hit the one year mark with no change on Ex Plus score.
I'm pretty sure that FAKOs follow their own rules about scoring inquiries, different time period, etc...

You're probably right but I can't confirm without tip-toeing out of the garden, LOL!

Re: Inquiry anniversary date

Anonymous — Fri, 20 Jul 2012 17:53:24 GMT

@Anonymous wrote:
@pizzadude wrote:
@Anonymous wrote:
I just had two inquiries hit the one year mark with no change on Ex Plus score.
I'm pretty sure that FAKOs follow their own rules about scoring inquiries, different time period, etc...
You're probably right but I can't confirm without tip-toeing out of the garden, LOL!

you havent pulled any ficos to confirm?

Re: Inquiry anniversary date

Anonymous — Sat, 21 Jul 2012 13:39:22 GMT

@Anonymous wrote:
@Anonymous wrote:
@pizzadude wrote:
@Anonymous wrote:
I just had two inquiries hit the one year mark with no change on Ex Plus score.
I'm pretty sure that FAKOs follow their own rules about scoring inquiries, different time period, etc...
You're probably right but I can't confirm without tip-toeing out of the garden, LOL!
you havent pulled any ficos to confirm?

The pulls are only on Ex.