how many inquiries arw too many?

[MovingForward_2012]

I've heard the same thing. The range of 0-2, 3-4, 5-6, 7+. It came from Experian. The higher the number equates to higher risk. I have 5 inquiries and will get one more before I close on our house and then I am off to the garden! :-)

[bs6054]

Looking at my reports from MyFico:

Both EQ and Transunion has on the summary page: Amount of new credit:  BAD   (The others are Great, Very Good and Very Good, so this stands out!)

and that's based on just 4 INQs!

[Open123]

Every approval I've ever gotten has always listed the following negatives:

1.  Too many inquiries - about 10

2.  Balances too high relative to debt - always less than 10% but greater than 5%

3.  Serious delinquency - was out of the country in 08, and missed 2 or 3 months payments - few hundred dollars

4.  Too few accounts paid as agreed - 10 accounts, guess their going with Credit Karma's 24 as ideal

And, this is for approvals from Chase, Citi and Amex respectively with CLs ranging from $10K - $25K.  So, I've always taken their automated reasons with a large grain of salt.

To me, it's all rather meaningless.

PS - My scores never change - always receive Fico from approvals as being 725 - 730 regardless inquiries or new accounts.

[MovingForward_2012]

Me too. All the new inquiries did not change my score at all. I get a score watch alert for them but the score holds at 703 when my credit is pulled.

[zerobacan]

I have 8 +or-inqs in each bureau 4 for the last month, and i got approved for a cap 1 platinium and denied for an amex, the same day. my plan was to get a couple new account, i did, i got two. and now im done and gardening all this 2013.