HARD INQUIRES

[FitNutrix]

On myFICO it states under credit reports "An inquiry indicates when a business, usually a lender, has checked your credit. The inquiries listed here are the number of times in the 12 months prior to the date of this report that a lender has checked your credit at TransUnion."

Does this mean that lenders only see 1 year back on HP's?

The reason I'm asking is because on my FULL credit report I have more HP than it goes back..Also does that mean HP only factors into your score for 1 year and then they are just on your report for another year?

Please Reply THANKS!!! 

[injustifiiable]

Lenders will see the INQ for two years but the FICO score will ignore it after 1 year.

ETA: 2 years of INQ's will show on all reports you pull for yourself as well.

[jsucool76]

Hard Inquiries affect your credit score for 12 months, but will remain on your report for a full 24 months. 

[Cranski]

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@1Health wrote:

On myFICO it states under credit reports "An inquiry indicates when a business, usually a lender, has checked your credit. The inquiries listed here are the number of times in the 12 months prior to the date of this report that a lender has checked your credit at TransUnion."

Does this mean that lenders only see 1 year back on HP's?

The reason I'm asking is because on my FULL credit report I have more HP than it goes back..Also does that mean HP only factors into your score for 1 year and then they are just on your report for another year?

Please Reply THANKS!!! 

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Fico Hooooo

Inquiries

Published 05/11/2007 12:49 PM   |    Updated 03/23/2012 09:08 AM

How long do inquiries stay on my credit report?

Inquiries remain on your credit report for two years, although FICO® scores only consider inquiries from the last 12 months. FICO scores do a good job of distinguishing between a search for many new credit accounts and rate shopping for one new account.

http://myfico.custhelp.com/app/answers/detail/a_id/200

[FitNutrix]

Thanks wish I would have found that earlier not look like a complete idiot!! 

Thanks anyway!! 

[Cranski]

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@1Health wrote:

Thanks wish I would have found that earlier not look like a complete idiot!! 

Thanks anyway!! 

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+1   You could always play them off and auto or home mortgage, depending on who they are....   >_>    

I don't think I can post this on retro spect.