topic Re: New inquiry = gain 5 pts in Understanding FICO® Scoring

New inquiry = gain 5 pts

ccdmndkut — Wed, 19 Nov 2014 19:33:35 GMT

I just received a new inquiry on TransUnion and my score increased by 5 points. I never knew an inquiry could actually increase your score. Does anyone have some insight on this?

[IMG]http://i.imgur.com/SRGoSy2.jpg[/IMG]

Re: New inquiry = gain 5 pts

Anonymous — Wed, 19 Nov 2014 20:36:55 GMT

Maybe some other change(s) occurred that didn't trigger a myFICO alert for TU. When the inquiry was added, the alert was triggered and the score was recalculated? That's my guess.

Re: New inquiry = gain 5 pts

ccdmndkut — Wed, 19 Nov 2014 21:27:11 GMT

That's a good guess, better than anything I could come up with. Thank you.

Re: New inquiry = gain 5 pts

-NewGuy- — Wed, 19 Nov 2014 21:29:11 GMT

@Anonymous wrote:
Maybe some other change(s) occurred that didn't trigger a myFICO alert for TU. When the inquiry was added, the alert was triggered and the score was recalculated? That's my guess.

That would be my guess as well.

BTW, welcome to the forums as well OP

Re: New inquiry = gain 5 pts

Ashes — Sun, 23 Nov 2014 16:48:10 GMT

This just happened to me but with Experian. Two new inquiries reported and five points were gained.