@omnicron wrote:I did not know that all the car apps would be included as one single. I know morgages were. I was going to call the Dealership and ask them to remove the quarries, but if they only count as one then no need.
I am just concerned about closing down fingerhut, it's my longest open account and highest limit. To me that would be going backwards. Is it not better to keep your oldest lines? I can drop the subprimes I just need to replace them with something. My wifes cousin is coming to visit us this weekend and I'm thinking about asking him to add us as a AU on a couple of his cards so I can add some history to my file.
Yes inquiries are counted as a single one by FICO, but they still show up individually and other creditors will see each one and probably in their eyes count them individually, but this isn't usually the main reason for a denial, IF you get denied. And it's not so much that there's no need as much as there's no way to, anyway. If the inquiries are legit, which you admit they are, I'm afraid they're there to stay. Calling the dealership wouldn't get them removed anyway.
Well, you can leave it open if you'd like, but if I'm not mistaken, FingerHut will close down their card if you don't use it regularly. And I know pretty much everything they sell is overpriced, so I don't know that that's worth it, in my opinion. Even if you close it, it's not like it just disappears off your reports right away. It'll still show on your reports and be factored into your credit age for up to 10 years as a positive TL.
Finally as far as AU on your wife's cousin's account(s), it's highly likely it won't even show up on your reports/be counted by lenders because their anti-abuse algorithms will most likely flag it and cause it to not go through because you (I'm assuming) have different addresses.
Also, yes, it's against the TOS to discuss removal/dispute of correct information. That's what I was getting at, but @coldfusion beat me to it.
