Inquiry roll off question

[Anonymous]

When I purchase a Scorewatch, Hard Pull Inquiries seem to roll off after 12 months.. When I get a credit report from another source the Inquiries remain on report for 24 months.. Does Equifax only list them for 12 months and the other two for 24 months?

[Anonymous]

It only seems to show you inquiries that count toward your FICO. Inqs over 12 months old do not count towards your FICO score. The other two display the older ones even though they don't count toward your score.

[Anonymous]

Thanks.. Last year about this time I was shopping around for a good mortgage rate. I was hit with 3 inquiries within 30 days from 3 different mortgage companies. But since it will be a year in a few weeks. I won't need to worry about that.. Correct?

[cadavis0609]

Correct. You should only have 1 inquiry for the mortgage shopping anyway. FICO allows for a two week period to shop for auto and mortgage loans and all the inquiries in that period will count for 1. The other factor to take into consideration is that the inquiry stays on your report for 2 years but only affects your score for the first 12 months. Thats why FICO has it listed as "inquiries affecting your score," rather than all your inquiries.

[Anonymous]

Thanks.. The date of these inquiries is 9/16/2006.. and 9/20/2006.. It probably will do no good if I dispute these mortgage inquiries.. These are the only inquiries I have on my report within 12 months. When these two inquiries age will I see an increase in my score? Or do you need four or five inquiries in a 12 month period before score is affected?

Message Edited by Pants on 09-02-2007 03:35 PM