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INq derog?

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laryn41
Frequent Contributor

INq derog?

are all inquiries derog or just the ones that get declineed?
Message 1 of 3
2 REPLIES 2
Anonymous
Not applicable

Re: INq derog?

I am almost positive that they are all derog (once you get to a certain number) regardless of the outcome.  I don't think they have a way of knowing the outcome of the application.


Message Edited by meg on 08-01-2007 11:54 AM
Message 2 of 3
Anonymous
Not applicable

Re: INq derog?

Inquiries aren't derogatory, they merely show that you have been seeking credit. Just because and Inq can lower your score doesn't mean it's derogatory. Maxing out a credit card will likely lower your score too, even if you've never been late does that make it derogatory? No.

Creditors just see an Inq, not if the result was a yay or nay.
Message 3 of 3
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