@CreditMagic7 wrote:
@sarge12 wrote:
I have a question...If inqueries only have an affect on your score for 1 year, why does it even stay on the report for 2 years??? Why can it just drop off the report after 1 year?
Just a wild guess on my part but not entirely discountable i think.
So that when certain lenders pull your report and need something additional to meet their own internal approval/denial criteria, which may include 18 months as compared to only the 12 in FICO scoring.
I know I've never heard it discussed, all other bad data, bk, repo, coll...etc. has affect for however long it is on reports. Makes no sense really.
TU fico08=824 06/16/24
EX fico08=815 06/16/24
EQ fico09=809 06/16/24
EX fico09=799 06/16/24
EQ fico bankcard08=838 06/16/24
TU Fico Bankcard 08=847 06/16/24
EQ NG1 fico=802 04/17/21
EQ Resilience index score=58 03/09/21
Unknown score from EX=784 used by Cap1 07/10/20
