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Got 5 Inquiries with car purchase

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New Contributor

Got 5 Inquiries with car purchase

I just received an alert with 5 inquiries with my car purchase, I was told that it would count as one as long as it's within 14 days. What are the laws now?

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Re: Got 5 Inquiries with car purchase


@avigeant83 wrote:

I just received an alert with 5 inquiries with my car purchase, I was told that it would count as one as long as it's within 14 days. What are the laws now?


It does count as one inquiry, but only for scoring purposes. But you have 5 separate inquiries.

http://www.myfico.com/CreditEducation/CreditInquiries.aspx

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