Question about PLOCs (personal line of credit)

[Anonymous]

Hello,

Does anyone know if you can shop around for PLOCs or Personal Lines of unsecured Credit and have it count as one inquiry similar to the way home mortgages are treated? Or would that show up as multiple inquiries?

When you shop for a mortgage, inquiries within a short amount of time count as one inquiry.

Thanks for any feedback
E

[Jazzzy]

Hi E-rock1...and welcome to the forums.

I believe that mortgage inquiries and auto loan inquiries made within a certain timeframe can be counted as one by FICO. I don't believe that to be the case with personal lines of credit.

[RobertEG]

Personal lines of credit are individual lines of credit inquiry,

No, multiple inquiries dont count as one.  This de-duping only applies to application for secured auto and mortgage loans.