Zero Inquiries on TU....

[fishbjc]

but my inquiry score is NOT GOOD!   What do you need to have GREAT?

This is ridiculous!!!!

[Anonymous]

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fishbjc wrote:

but my inquiry score is NOT GOOD!   What do you need to have GREAT?

This is ridiculous!!!!

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If you are looking at your report on this site, it only shows inquiries within the last 12 months. Inquiries remain for 24 months.

[fishbjc]

I have zero....none on tu for past 24 months.  CharterOne agreed to remove their two and they are gone.

[fishbjc]

Unfortunately all the inq. are on EQ....16 of them.  Five for new banking accts.  Really pizzes me off

Three are to purchase an auto.

Must be a snafu.  I looked at last months & it shows zero inquiries....GREAT...

Message Edited by fishbjc on 07-21-2008 07:47 PM

[Anonymous]

Are you looking at "FICO Score Summary" page 1?

Where it shows:

FICO® score ingredients	How you rate
Payment history Your history of paying bills on time.
Amount of debt Your total amount of outstanding debt.
Length of credit history How long you've had credit.
Amount of new credit Amount of credit you've recently obtained or applied for.

[RobertEG]

If a creditor or prospective creditor makes a pull of your CR, for ANY reason, the CRA is legally required to record  that in your credit FILE as notice to you should you request it.

That does NOT mean that it is included in any commercially vended credit report you obtain, or in your credit scoring.

Most vendors of commercial CRs, including myFICO,  dont report your entire credit file when you buy a credit report, just what is relevant to your credit scoring. 

The inqs are still there in your file.  Just pull a CR from annualcreditreport.com, and you will see them all.

But if they are not hard inquiries, the major vendors of CRs dont show them all, for it just clutters up the report, and are not of interest to most consumers since they are not part of FICO scoring.

[Anonymous]

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RobertEG wrote:

But if they are not hard inquiries, the major vendors of CRs dont show them all, for it just clutters up the report, and are not of interest to most consumers since they are not part of FICO scoring.

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I agree that most 3rd party resellers do not show the "Soft inquiries", but soft inquiries do not affect score and would not be the reason it is saying "not good"

[Anonymous]

the graph for "New credit" will also change based on when your last account was opened- not just inq's

[RobertEG]

I think that Timothy's point hit the nail neatly on the head.  A new inq is not the begin and end all in new credit scoring.   Did one follow up on the inq, and have credit extended?  The original post on this thread did not tell us that.

New credit, if extended, can burrow into the other FICO categories of credit mix, age of avg account history, CL, bal (and thus %util).