topic Re: Recent Inquiries Just As Bad As A Collection On A Report in General Credit Topics

Recent Inquiries Just As Bad As A Collection On A Report

mzgg09 — Mon, 29 Sep 2014 18:10:39 GMT

I have a clean credit file as far as collections and baddies go. But because of too many recent inquiries companies don't want to come near me right now. Not complaining because I know it's my own doing. I'm just saying. Man do they stick it to ya for inquiries despite your good payment history.

Re: Recent Inquiries Just As Bad As A Collection On A Report

lhcole77 — Mon, 29 Sep 2014 19:11:40 GMT

True, but the effect will dissipate over time. Hopefully you got some good TLs out of the INQs.

Re: Recent Inquiries Just As Bad As A Collection On A Report

CreditDunce — Tue, 30 Sep 2014 01:11:35 GMT

With this it will be ymmv for most people. With a sub 700 score, you can be denied for too many INQs. If you had a score of 760 with the same number of INQs you might not be getting the denial letters.

Re: Recent Inquiries Just As Bad As A Collection On A Report

takeshi74 — Tue, 30 Sep 2014 13:26:50 GMT

Impact of inquiries can also vary by credit profile. Generally speaking they're more of an issue for thinner profiles versus established profiles. They're definitely not as bad as collections. Inquiries taper and fall off much faster. Collections are much worse.

Re: Recent Inquiries Just As Bad As A Collection On A Report

Anonymous — Tue, 30 Sep 2014 15:56:28 GMT

Im using an attorney and its possible to get them to remove Inquiries, just takes a little patience and money, good luck

Re: Recent Inquiries Just As Bad As A Collection On A Report

Involver — Tue, 30 Sep 2014 17:50:07 GMT

@Anonymous wrote:
Im using an attorney and its possible to get them to remove Inquiries, just takes a little patience and money, good luck

bad.

it also creates fraud alerts on your files.

inqs are not a big deal.

Re: Recent Inquiries Just As Bad As A Collection On A Report

taxi818 — Tue, 30 Sep 2014 21:56:07 GMT

@Anonymous wrote:
Im using an attorney and its possible to get them to remove Inquiries, just takes a little patience and money, good luck

This is a Great Example of more money than sense. GEEEEZ

No Attorney in the world can get those inquiries off. but im sure. if its things your trying to get rid of. he is surely letting you get rid of you money trying. are you kidding??? I know you are right????

Re: Recent Inquiries Just As Bad As A Collection On A Report

Anonymous — Tue, 30 Sep 2014 22:22:21 GMT

You do whats good for you. I have positive results thats all I can say. God Bless , by the way nice English

Re: Recent Inquiries Just As Bad As A Collection On A Report

taxi818 — Tue, 30 Sep 2014 22:22:36 GMT

As long as you are happy. No one can say anything bad about that.

Re: Recent Inquiries Just As Bad As A Collection On A Report

taxi818 — Tue, 30 Sep 2014 22:24:29 GMT

Not great English. It is Siri. The great iPhone 5s

Re: Recent Inquiries Just As Bad As A Collection On A Report

Anonymous — Tue, 30 Sep 2014 22:30:06 GMT

@mzgg09 wrote:
I have a clean credit file as far as collections and baddies go. But because of too many recent inquiries companies don't want to come near me right now. Not complaining because I know it's my own doing. I'm just saying. Man do they stick it to ya for inquiries despite your good payment history.

Amex, Citi and Barclays Don't want anything to do with me, They keep saying i have way Too many Recent Hard Inquiries, To them nothing else matters

Re: Recent Inquiries Just As Bad As A Collection On A Report

taxi818 — Tue, 30 Sep 2014 22:32:27 GMT

Re: Recent Inquiries Just As Bad As A Collection On A Report

Anonymous — Wed, 01 Oct 2014 10:29:57 GMT

Inquiries are nothing compared to collections on your report. "Too many inquiries" is often an easy excuse the system can spit out to decline you, there are verified cases of approvals with 40 plus inquiries as well as declines with zero inquiries on record and still giving the too many inquiries excuse. It really depends on what's in your total credit file being matched against what the lender requires to give you credit.

Removing inquiries = easy but waste of time and money, no lawyer required.

Removing Collections = not easy but worth your time and money.

Re: Recent Inquiries Just As Bad As A Collection On A Report

taxi818 — Wed, 01 Oct 2014 11:22:26 GMT

That was well said. Actually. Members getting inquiries off for free. But some you can't tell that to. And it's also taboo at my fico but easy to find out in web. But collections. Even paid collections. Are tough.