topic Re: Inquiries in General Credit Topics

Inquiries

Howaboutthat — Thu, 14 Sep 2023 14:05:12 GMT

On my fico credit report it says I have a total af 3 inquiries across all three credit Bureau's. Is this one year of history or two.

Re: Inquiries

Horseshoez — Thu, 14 Sep 2023 14:14:39 GMT

@Howaboutthat wrote:
On my fico credit report it says I have a total af 3 inquiries across all three credit Bureau's. Is this one year of history or two.

Two; however, hard pulls (inquiries) only impact FICO scoring for one year. Said another way, if your inquiries are more than a year old, even though they're on your report, they have zero impact. The reason why they linger for two years is many financial institutions look at the number of hard pulls over the last two years as part of their underwriting criteria.

Re: Inquiries

SouthJamaica — Thu, 14 Sep 2023 14:38:11 GMT

@Howaboutthat wrote:
On my fico credit report it says I have a total af 3 inquiries across all three credit Bureau's. Is this one year of history or two.

It depends what report you're reading and where you got it from. I would want to see a screenshot of what you're talking about.

Re: Inquiries

Howaboutthat — Thu, 14 Sep 2023 15:25:57 GMT

I got the reports from My Fico sit

Re: Inquiries

FireMedic1 — Thu, 14 Sep 2023 15:57:33 GMT

FICO only counts inq's for a year. Vantage scores like CK holds them for 2. So in FICO's eyes you have 1 for each CRA.

Re: Inquiries

BigBS — Thu, 14 Sep 2023 16:11:19 GMT

@Howaboutthat, based on the dates it is tracking 2 years worth of inquiries. As others have said, they only count against your score for 1 year, but may be used as part of other evaluation criteria.

Re: Inquiries

cashorcharge — Thu, 14 Sep 2023 20:08:36 GMT

@Howaboutthat wrote:
I got the reports from My Fico sit

Since inquiries in the last 12 months are counted @Howaboutthat , MyFICO only shows you what happened in the last 12 when you see your report with them. It will NOT show all inquires in your report for the entire 24 months reporting time.

To see that you'll need to reference your report from other sources.

Re: Inquiries

SouthJamaica — Thu, 14 Sep 2023 20:49:21 GMT

@Howaboutthat wrote:
I got the reports from My Fico sit

It's one year.

Re: Inquiries

Howaboutthat — Thu, 14 Sep 2023 23:13:06 GMT

Thanks everyone.

Re: Inquiries

theluckyman — Sat, 16 Sep 2023 23:33:06 GMT

that chase (JPMCB) you applied got approved or denied?

Re: Inquiries

Latoria — Wed, 04 Oct 2023 08:45:25 GMT

Your FICO score can be affected by hard credit checks only for one year. Then, they have no impact on your credit, allowing you to improve your credit score. A credit report without hard credit pulls increases your chances of approval for loans, getting good job positions, or even renting an apartment. Therefore, it is recommended to avoid hard credit inquiries if possible. For example, if you are in need of extra money, you can consider no-credit-check loan options.

Re: Inquiries

Horseshoez — Wed, 04 Oct 2023 12:53:10 GMT

More ChatGPT SPAM from @Latoria.

Re: Inquiries

Junejer — Tue, 10 Oct 2023 22:40:40 GMT

Can we ban this "person" already? May not be a "bot" but is acting bot-like.