Back in May, I applied for Chase Sapphire Signature and Citi Diamond Preferred.
Both were denied for "too many requests for new credit" and "too many recent credit inquiries" and both pulled EX.
The thing is, I had opened 2 new CC accounts and one Auto loan in previous 6 months and they almost all exclusively pulled EX. (Most of them in February.)
When I was applying for the auto loan, the car dealership got me to sign a form that allowed them to shop around among many financing institutions in order to try to get me the best deal (stupid of me) That Auto loand app resulted in 5 new HP with Experian and only two of them are reporting as Auto Financing angencies.
All in all, after these 3 applications I ended up with a total of 12 hard inquires on my EX, but only 5 on TU and 4 on EQ.
9 of the 12 HP were within the last 6 months, and this is of course what resulted in the denials back in May.
My questions are, how many inquiries are considered "too many inquiries"?
And how long time would need to go until most CC issuers would consider the inquiries not "too recent"?
It is now 6 months since that HP spree. Would that be considered long enough time if I want to reapply for the Chase Sapphire?
