topic Re: HP's within a 14 day window score as 1? in General Credit Topics

HP's within a 14 day window score as 1?

Anonymous — Wed, 22 Apr 2015 13:21:07 GMT

Was looking at quizzle and wow my barclays SM that was approved last NIGHT
is already reporting.

I HP'd for Chase amazon CLI and the HP is there but
i was going to move some of the 5k CLI to my Freedom BUT
then I read this on quizzle:

You have too many inquiries on your credit report.

Description

All inquiries for mortgages, auto loans and major credit cards that appear in your credit file within a 14-day window are interpreted as a single inquiry. Your inquiries can lower your score a small amount, typically 10 to 20 points.

reading that.. is it worth another HP for a Chase Freedom CLI??

(PS on EQ i only have the PenFed from last month) but on Experian
I have the Amex and Chase on the 20th.

Re: HP's within a 14 day window score as 1?

jamesdwi — Wed, 22 Apr 2015 14:29:41 GMT

@Anonymous wrote:
Was looking at quizzle and wow my barclays SM that was approved last NIGHT
is already reporting.

I HP'd for Chase amazon CLI and the HP is there but
i was going to move some of the 5k CLI to my Freedom BUT
then I read this on quizzle:

You have too many inquiries on your credit report.
Description
All inquiries for mortgages, auto loans and major credit cards that appear in your credit file within a 14-day window are interpreted as a single inquiry. Your inquiries can lower your score a small amount, typically 10 to 20 points.

reading that.. is it worth another HP for a Chase Freedom CLI??
(PS on EQ i only have the PenFed from last month) but on Experian
I have the Amex and Chase on the 20th.

we all wish, dare to dream, No its not correct, well it is for Home and Auto loans. But deffinetely not true for credit cards...

Re: HP's within a 14 day window score as 1?

Anonymous — Wed, 22 Apr 2015 14:36:21 GMT

@jamesdwi wrote:
@Anonymous wrote:
Was looking at quizzle and wow my barclays SM that was approved last NIGHT
is already reporting.

I HP'd for Chase amazon CLI and the HP is there but
i was going to move some of the 5k CLI to my Freedom BUT
then I read this on quizzle:

You have too many inquiries on your credit report.
Description
All inquiries for mortgages, auto loans and major credit cards that appear in your credit file within a 14-day window are interpreted as a single inquiry. Your inquiries can lower your score a small amount, typically 10 to 20 points.

reading that.. is it worth another HP for a Chase Freedom CLI??
(PS on EQ i only have the PenFed from last month) but on Experian
I have the Amex and Chase on the 20th.
we all wish, dare to dream, No its not correct, well it is for Home and Auto loans. But deffinetely not true for credit cards...

Correct. Not true at all for credit cards. Even for autos and mortgage the inquiries , while for scoring purposes show as 1, they appear as individual inquiries on your credit report and can still damage your credit.

Re: HP's within a 14 day window score as 1?

Anonymous — Wed, 22 Apr 2015 14:36:42 GMT

TY.

is it worth it to try for another CLI for my freedom since I added 2 new ones to Experian the other day ?)

(I already CLI on my chase amazon)

Re: HP's within a 14 day window score as 1?

newhis — Wed, 22 Apr 2015 15:23:20 GMT

@Anonymous wrote:
TY.

is it worth it to try for another CLI for my freedom since I added 2 new ones to Experian the other day ?)
(I already CLI on my chase amazon)

Some people prefer to get a new Chase card than request a CLI. Many times Chase only give a small CLI.

Re: HP's within a 14 day window score as 1?

Anonymous — Wed, 22 Apr 2015 15:32:33 GMT

I got 5k yesterday on my Chase amazon

@newhis wrote:
@Anonymous wrote:
TY.

is it worth it to try for another CLI for my freedom since I added 2 new ones to Experian the other day ?)
(I already CLI on my chase amazon)
Some people prefer to get a new Chase card than request a CLI. Many times Chase only give a small CLI.

Re: HP's within a 14 day window score as 1?

Anonymous — Wed, 22 Apr 2015 16:08:39 GMT

I'm an idiot haha. I called for Freedom CLI and they denied because they said yesterdays CLI of 5k
is all they could offer me for now :-)

Goodbye all for 6 months! and TY

Re: HP's within a 14 day window score as 1?

Anonymous — Wed, 22 Apr 2015 16:28:17 GMT

I got 2 chase cards a week or 2 apart. Both were auto approved and same credit limit. Only 1 inquiry appeard on my credit report. I thought it was odd

Re: HP's within a 14 day window score as 1?

Anonymous — Thu, 23 Apr 2015 02:40:33 GMT

@Anonymous wrote:
I got 2 chase cards a week or 2 apart. Both were auto approved and same credit limit. Only 1 inquiry appeard on my credit report. I thought it was odd

yes I have not seen that reported here.

Re: HP's within a 14 day window score as 1?

takeshi74 — Thu, 23 Apr 2015 12:13:51 GMT

@Anonymous wrote:
is it worth another HP for a Chase Freedom CLI??

Worth is always highly subjective and no one can tell you what is or isn't worth it to you. You have to make that assessment for yourself. Many are never able to get a CLI from Chase and those would not find it worth it. YMMV as everyone's credit isn't identical. Some do get CLI's with Chase.

Re: HP's within a 14 day window score as 1?

Anonymous — Thu, 23 Apr 2015 13:57:47 GMT

I got a 5k for the first try, 2nd try denied reached the max credit they can afford me.

I should have known but I got GREEDY.