Question about inquiries

[Anonymous]

When do inquiries fall off?? I see a lot of talk on here about "in 6 months my reports will be clean" etc etc. 

So I was just curious when they fall off. I always thought it was every 2 years??? The info on my credit reports here only shows a few. Where as on Credit Karma, some from 2 years ago still show. So it has me wondering what the deal is.

Any info you can provide would be great. Thank you!

[AzaleaB]

After one year, inquiries are no longer factored into your credit bug remain on your credit reports for 2 years.

[Anonymous]

---

@AzaleaB wrote:

After one year, inquiries are no longer factored into your credit bug remain on your credit reports for 2 years.

---

They still factor into your credit but don't affect your Fico score after a year.  Nonetheless if someone pulls your credit they or the computer will see X number of inquiries for 2 years so it definitely still affects your credit.

[AzaleaB]

---

@Anonymous wrote:

---

@AzaleaB wrote:

After one year, inquiries are no longer factored into your credit bug remain on your credit reports for 2 years.

---

They still factor into your credit but don't affect your Fico score after a year.  Nonetheless if someone pulls your credit they or the computer will see X number of inquiries for 2 years so it definitely still affects your credit.

---

I was writing on my tablet, I meant to say no longer counted in credit *score* after a year. (And "bug" was supposed to be "but"). Sorry ...

[Anonymous]

Got it. Thank you. 

[takeshi74]

Don't overlook resources such as this:

http://www.myfico.com/CreditEducation/New-Credit.aspx

Stickies (at the top of the list of threads in every subforum) can also be useful.

[Appleman]

Agree on the resources here at myFICO.

(my speculation) Some card issuers like to see no inquries for 6 months or so (depending on how many you have collected (or hoarded))

At 1 year an inquiry does not hurt your score.

At 2 years it is gone.

So basically, what everyone else said....

[Revelate]

---

@Appleman wrote:

Agree on the resources here at myFICO.

(my speculation) Some card issuers like to see no inquries for 6 months or so (depending on how many you have collected (or hoarded))

At 1 year an inquiry does not hurt your score.

At 2 years it is gone.

So basically, what everyone else said....

---

Your speculation may well be spot and and seriously reflected in the FICO 9 algorithm.  Still testing that but recent inquiries look like bad bad mojo.  Speaking of which, I need to post less right now, and mortage refinance more, and get that explicit datapoint haha. 

[Kevin86475391]

---

@Anonymous wrote:

When do inquiries fall off?? I see a lot of talk on here about "in 6 months my reports will be clean" etc etc. 

---

Nothing I can add to the factual info above (inquiries stay on your credit report for 2 years but have progressively diminishing effects until the 1 year mark when they cease to impact your credit score), but just as a bit of interpretation, if you saw someone saying something like, "in 6 months my reports will be clean/inquiry free" it could be that they simply meant they had that much longer left until the inqs fell off. Thus if you got an inq 18 months ago you could accurately say, "in 6 more months it'll be off my report."