Hard pull with no impact? Is Fico becoming more forgiving?

[Dk62270]

I applied and was approved yesterday for a Penfed PL and they pulled EX.  I logged in this morning and the Inq is there (I now have 8 within the last 2 years) but I lost no points.  How can that be? Is there just a delay in the score decrease or would it have shown up today? Also, odd is I received 2 new Amex cards back in April, One of which I closed bc I never actually wanted the card and it was a crap limit and to this day I dont know how I got it bc I must have clicked on something while searching the site.  Anyway the 2 new accounts showed up the other day one open one closed and score hasnt moved.  So strange! 

[SouthJamaica]

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@Dk62270 wrote:

I applied and was approved yesterday for a Penfed PL and they pulled EX.  I logged in this morning and the Inq is there (I now have 8 within the last 2 years) but I lost no points.  How can that be? Is there just a delay in the score decrease or would it have shown up today? Also, odd is I received 2 new Amex cards back in April, One of which I closed bc I never actually wanted the card and it was a crap limit and to this day I dont know how I got it bc I must have clicked on something while searching the site.  Anyway the 2 new accounts showed up the other day one open one closed and score hasnt moved.  So strange! 

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1.  Welcome to the forum.

2.  No, FICO has not been becoming more forgiving.

3.  An inquiry does not always cause a point loss. Inquiries are often bundled. Only inquiries during the last year are factored into the scoring algorithms.

4.  Opening a new account does not always cause a point loss. If there is a point loss, the negative effect often dissipates.

[Thomas_Thumb]

Fico allocates a certain number of points to each of its categories. Each category has a variety of attributes or factors that are evaluated and scored.

There are a limited number of points associated with each attribute. So, you may have reached a saturation point overall or within a particular inquiry bin.

Btw - there was a thread a few years back where posters listed # inquiries they had in the last 12 months. Someone reported over 60 on a CRA. Their Fico score was mid 700s as I recall. Just imagine if each inquiry would have cost 5 points => 300 point loss.