cancel
Showing results for 
Search instead for 
Did you mean: 

Recent Inquiries Just As Bad As A Collection On A Report

Super_AL
Valued Contributor

Re: Recent Inquiries Just As Bad As A Collection On A Report


@mzgg09 wrote:

I have a clean credit file as far as collections and baddies go. But because of too many recent inquiries companies don't want to come near me right now. Not complaining because I know it's my own doing. I'm just saying. Man do they stick it to ya for inquiries despite your good payment history.


Amex, Citi and Barclays Don't want anything to do with me, They keep saying i have way Too many Recent Hard Inquiries, To them nothing else matters Smiley Frustrated

Smiley Happy (BANK OF AMERiCA CA$H REWARD$ ViSA SiGNATURE) (CHASE AMAZON ViSA SiGNATURE) (CAPiTAL ONE QUiCKSiLVER ViSA SiGNATURE) (CiTi DOUBLE CA$H WORLD MASTERCARD) (BARCLAYCARD UPROMiSE WORLD MASTERCARD) (SYNCHRONY MARVEL MASTERCARD) (AMERiCAN EXPRESS BLUE CA$H EVERYDAY) (DiSCOVER iT NHL)
Message 11 of 14
taxi818
Super Contributor

Re: Recent Inquiries Just As Bad As A Collection On A Report

 
Message 12 of 14
RecoveredDebtaholic
New Contributor

Re: Recent Inquiries Just As Bad As A Collection On A Report

Inquiries are nothing compared to collections on your report.  "Too many inquiries" is often an easy excuse the system can spit out to decline you, there are verified cases of approvals with 40 plus inquiries as well as declines with zero inquiries on record and still giving the too many inquiries excuse. It really depends on what's in your total credit file being matched against what the lender requires to give you credit.

Removing inquiries = easy but waste of time and money, no lawyer required.

Removing Collections = not easy but worth your time and money.

 

TU FICO 10/2/14 826
Message 13 of 14
taxi818
Super Contributor

Re: Recent Inquiries Just As Bad As A Collection On A Report

That was well said. Actually. Members getting inquiries off for free. But some you can't tell that to. And it's also taboo at my fico but easy to find out in web. But collections. Even paid collections. Are tough.
Message 14 of 14
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.