Fico Scoring

[knight1]

What do you guys think about the points explained in this video:

http://www.youtube.com/watch?v=2YDiuYCqavg

key points:

1. Credit pulls made within a 45 days period are considered as a 1 pull by Fico? T or F

I thought the period was 14 days and only if shopping for a car or mortgage (i.e. installment loan)

2.  Over 10 inq per year has no effect on your fico? T or F

I thought it was 7

3. The magic question. The narator states that having a mortgage, a car loan (installment loan) and [b]7 to 8 [/b]CC for at least 24 months and with the right utilization, will get you a 750 score all day long. Do you agree?

Please expand on your response.

Thanks

[Anonymous]

IMO..He is a complete jerk. Any inquiry can have a negative impact on score, let alone 10. Also, his formula for 750..7-8 CC's, Mort etc., yeah, good start, but what if that person has 2 collections or chargeoffs! There is no guaranteed "FORMULA" for any score and any person who states otherwise is a fool. Each person has tons of individualied information in thier file which generates thier own FICO score under continuous changeing elements. And I have not even thrown the whole "buckets" thing out there!