topic Re: Inquiries aging off in Understanding FICO® Scoring

Inquiries aging off

lolabelle — Sat, 23 Mar 2013 16:46:57 GMT

This is probably a super simple, straightforward question, but I feel like it could go one way or another, so am going to throw it out there:

If I had a few inquiries at the beginning of April 2012, should I see any potential effects on my score as a result of them aging off in April 2013 or May 2013?

Re: Inquiries aging off

Anonymous — Sat, 23 Mar 2013 17:16:03 GMT

You will. but inquiries have relatively small impact on your score. Don't expect a huge jump.

Re: Inquiries aging off

lolabelle — Sat, 23 Mar 2013 17:17:40 GMT

Thanks. Do you know whether I'm likely to see them in April or May?

Re: Inquiries aging off

Gunnar419 — Sat, 23 Mar 2013 17:20:00 GMT

@lolabelle wrote:
Thanks. Do you know whether I'm likely to see them in April or May?

You'll probably see the bumps (if any) at the one-year anniversary of each separate inquiry.

Re: Inquiries aging off

Anonymous — Sat, 23 Mar 2013 17:51:51 GMT

@lolabelle wrote:
This is probably a super simple, straightforward question, but I feel like it could go one way or another, so am going to throw it out there:

If I had a few inquiries at the beginning of April 2012, should I see any potential effects on my score as a result of them aging off in April 2013 or May 2013?

SP do not impact your score at all so them aging off won't matter.

HP impact your score for one year but age off in 2.

Re: Inquiries aging off

Epcot — Sat, 23 Mar 2013 21:29:01 GMT

I had a couple inquiries age past the one year mark recently and my scores didn't move. Around the 6 month mark I did get a couple points. Definitely varies based on how each individuals profile looks like.

Re: Inquiries aging off

mtrsprt — Mon, 25 Mar 2013 21:22:55 GMT

I just had 4 hard inquiries age to 1 year on my TU report. Score bump of 9 points.

Re: Inquiries aging off

VirtualCuriosity — Mon, 25 Mar 2013 23:24:17 GMT

An just to add to personal experience of what the INQs do, albeit depending on personal history, my report dropped 2 points for 2 INQs.

Re: Inquiries aging off

Anonymous — Tue, 26 Mar 2013 17:54:59 GMT

i haven't really seen the 6 months score bump for inquiries. Any bumps i got around 6 months always happen when an account hits 6 months-right at the start of the month, but never 6 months from the inquiry date. However i have seen my score change a few times right around when an inquiry hits a year and nothing else is updated recently.