When counting Hard Pull Inquires???

[masscredit]

I have a few nquiries from last May/June. They only have an impact on scores for the first 12 months. Does that impact become less towards the end of that 12 months? Mine are -

May 26, 13 - Citi - 1 EQ

June 5, 13 - DCU - 3 EQ (1 for new checking, 1 for auto loan and one for a credit card app)

My other one is from 20 months ago. It shows up but doesn't matter score wise -

Aug 30, 12 - Discover - EQ 

 

[sunni_one]

I had never thought about how disputing an account affects your score until it happened to me.  JC Penney made an error during a transaction and did not credit my account.  I ended up having to speak to GE to get it resolved.  While they were researching it, they noted that my account had been disputed (untrue) which caused my Fico score to drop 6 points.  Once the problem was resolved, they removed the comment, and I regained the points.  Learn something new everyday! 

[BluePoodle]

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@sunni_one wrote:

I had never thought about how disputing an account affects your score until it happened to me.  JC Penney made an error during a transaction and did not credit my account.  I ended up having to speak to GE to get it resolved.  While they were researching it, they noted that my account had been disputed (untrue) which caused my Fico score to drop 6 points.  Once the problem was resolved, they removed the comment, and I regained the points.  Learn something new everyday! 

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Same here! I never knew!  Guess that's why we keep coming back here to read, ask questions and discuss experiences. 

[Anonymous]

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@Revelate wrote:

Fewer is always better, but having a bunch won't necessarily kick you out either: depends on underwriting standards, and I agree, if you have a fantastic file anyway compared to their underwriting standards it isn't going to matter, more likely in the borderline case.

I don't think there's any full consistency in the forum posters stating, but I believe it's mostly any inquiry in the last two years as I often see (and use myself) qualification as to how many are in a scoreable range (w/in last year).  

I think if it's on the report, and if lenders can see it as they do for 2 years, then it's total inquiries on the report which does count from an underwriting perspective, and therefore should likely be the standard on this forum.  My opinion anyway.

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I agree.  Basically a two-step process in most cases.  "Too many" in the last 12 months impacts your score and might lead to auto-rejection.   But anything in the report is fair game once there is a manual assessment (such as in a recon).  Now an underwriter may will discount inquiries nearly 2 years old, but some won't.

So report both!