When Does Experian Remove Inquiries?

Asilomar · ‎08-12-2018

I have a few inquiries due to fall off as of yesterday and though TU and EQ removed them, EX still has not. What's their policy? I thought they all had to remove them on the exact day 2 years later. Apparently not.

Can anyone help me catch a clue, please?

--------------------------------------------------------------------------------------------------------------------------------------------EX 809 TU 806 EQ 810

Anonymous · ‎08-12-2018

Interesting! My guess is that if they do not fall off in the next two business days, then EX will remove them by the 2nd of the following month (Sept 2 in this case).

Just as an FYI, all your inquiries lost all scoring impact when they turned 1 year old. So exactly when they fall off your report won't matter much.

Anonymous · ‎08-12-2018

@Asilomar wrote:
I have a few inquiries due to fall off as of yesterday and though TU and EQ removed them, EX still has not. What's their policy? I thought they all had to remove them on the exact day 2 years later. Apparently not.

Can anyone help me catch a clue, please?

The inquiries will be deleted next month.

mattmyFIC0 · ‎08-12-2018

EX seems to hold onto mine for 25 months while EQ and TU drop them at 24 or sometimes sooner.

Scores 01/04/2017: EQ 719, TU 750, EX 716
Goal scores: 740 across the board

BigBS · ‎08-12-2018

EX drops inquiries the first Saturday of the month following 24 months, so some may actually stay for 25 months and some 24 months and a few days depending on the calendar. As was said the effect is generally gone after 12 months.

Score: EQ(809) EX(819) TU(800)
INQs: EQ(7) EX(16) TU(8)
Last INQ: 13 Jul 23

Total Credit Limit - $2.0M

iv · ‎08-12-2018

@Asilomar wrote:
I have a few inquiries due to fall off as of yesterday and though TU and EQ removed them, EX still has not. What's their policy? I thought they all had to remove them on the exact day 2 years later. Apparently not.

Can anyone help me catch a clue, please?

As mentioned by several others, 24 to 25 months is the practical standard for HP removal.

But I wanted to address the "had to" part.

While there are some specific timelines that CRAs are required to follow (such as the 7-7.5 year negative information removal) - inquiries do not have a similar legal timeline. The 2-year dropoff that the big CRAs follow is based on business practice, not law, and they could choose to change that at will. (Well, as long as their customers and partners didn't complain too much.)

EQ8:850 TU8:850 EX8:850
EQ9:847 TU9:847 EX9:839
EQ5:797 TU4:807 EX2:813 - 2021-06-06

Asilomar · ‎08-12-2018

@iv wrote:
@Asilomar wrote:
I have a few inquiries due to fall off as of yesterday and though TU and EQ removed them, EX still has not. What's their policy? I thought they all had to remove them on the exact day 2 years later. Apparently not.

Can anyone help me catch a clue, please?
As mentioned by several others, 24 to 25 months is the practical standard for HP removal.

But I wanted to address the "had to" part.

While there are some specific timelines that CRAs are required to follow (such as the 7-7.5 year negative information removal) - inquiries do not have a similar legal timeline. The 2-year dropoff that the big CRAs follow is based on business practice, not law, and they could choose to change that at will. (Well, as long as their customers and partners didn't complain too much.)

That is very interesting. I had no idea. Thank you for that.

--------------------------------------------------------------------------------------------------------------------------------------------EX 809 TU 806 EQ 810

Asilomar · ‎08-12-2018

Thanks everyone for taking the time to reply.

I'm aware that the scoring penalty goes away at 12 months but I'd assumed that creditors, for the purpose of credit worthiness/approval, still count (or at least the algorithm does) the total number of inquiries, regardless of age. Am I incorrect?

--------------------------------------------------------------------------------------------------------------------------------------------EX 809 TU 806 EQ 810

Ardecko · ‎08-12-2018

Inquiries become non-scorable at one year. That means they no longer affect your score.

That doesn't mean they can't affect your approval odds. They are still visible to anyone who pulls your report for the full two years. Lenders are free to apply whatever additional qualifications they wish(within legal limits). Don't think it won't raise the eyebrows of a manual reviewer, though, if you have a gracious plenty.

2017-09-09 FICO 08: EQ 677, TU 640, EX 705
2020-02-07 FICO 08: TU 789
2020-02-10 FICO 08: EX 752

Gardening, mostly, again until... soon(I need to replace my car)

Medic981 · ‎08-13-2018

@Asilomar wrote:

I'm aware that the scoring penalty goes away at 12 months but I'd assumed that creditors, for the purpose of credit worthiness/approval, still count (or at least the algorithm does) the total number of inquiries, regardless of age. Am I incorrect?

I am sensing that you are wanting to apply for a Chase 5/24 card. Is that correct?