Looks like my rejection spree continues in 2022...

[captain9]

I am really conufsed. Before I used to never get rejected churning back in 2015-2016. 

Now I got rejected on a Cap1 venture and Citi Premier. 

My score is high 700s. I do have 8 inquiries in the last 2 years but that is shopping around for a car and a loan on a 2nd investment property. I got 1 credit card last year (Chase Saphire). 

Does auto/home loans count the same way for credit companies? 

[coldfusion]

What were the reasons given for the denials?

[captain9]

Too many inquiries in the last 12 months

Too many creditlines open in the last 12 months

[SUPERSQUID]

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@captain9 wrote:

Too many inquiries in the last 12 months

Too many creditlines open in the last 12 months

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In my experience with cap 1 i was never denied and last time for the savor one i had mucho mucho inqs, over 20, and maybe 12 new accounts opened in the previous year.  I read that venture has stricter uw

[D10001]

Per Experian, "car loan and mortgage inquiries made within a short period of time will only be counted as one inquiry when calculating your scores.  As long as the inquiries were all made within a certain period of time, usually 14 days but sometimes longer, they are counted as just one when calculating your score."  Now that's for score purposes.  A lender's system might simply see the number of inquiries and re-act accordingly. 

You might consider the reconsideration route and getting a human to see that you did what a prudent consumer should do and shop for the best terms for car and property financing.