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Auto Loan Inquiries

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Anonymous
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Auto Loan Inquiries

Hi,

I applied for auto loans with a few different companies within a 1 week period while rate shopping a few months back.  I look today and my credit report has them listed as 6 separate inquiries.  This is currently the only thing hurting my score, and it's not due to drop off til May sometime.

I would like them to be recoded so they impact my score correctly.

What is the best course of action here?

Thanks in Advance!

Message 1 of 2
1 REPLY 1
Anonymous
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Re: Auto Loan Inquiries

All inquiries will show individually on your report.

 

It is an internal thing with FICO to make the points only count as 1 inquiry (just like at the 12 month mark the points are regained, but the inquiry sits there for an additional 12 months)

Message Edited by 1111mel on 10-05-2008 05:56 PM
Message 2 of 2
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