Inquiry Damage to a Clean/Young/Thin File

[Anonymous]

Here is some data on inquiry changes to a credit file that is just over 2 years old with 2 open revolving accounts and 1 closed SSL on file.

A few days ago I was approved for 2 new cards - AMEX BCE and Discover IT. They both pulled EX, so all the inquiry damage is at one bureau.

Just more confirmation that app'ing before a mortgage is a really bad move - EX 2 went down -26pts! (I have a few years to go for that.)

A note about that EX 8 score drop: Experian provided realtime score change alerts, so the first inq cost -3pts and the second one was -8pts for a total -11pt drop.

CRADIS "EX INQs" 02/16/2020	Common data No derogatories No delinquencies 1 closed loan 2 open revolving
Previous Report 02/10/2020	AoOA: 2 yr 2 mo AAoA: 1 yr 6 mo AoYA: 1 yr 2 mo Mastercard Utilization: 9% [8.995%] Visa Utilization: 9% [9.00%] Aggregate Utilization: 9% [8.999925925925926%] Accounts with Balances: 2 [100%] 0 inquiry EQ 0 inquiry EX 0 inquiry TU
Current Report 02/16/2020 What changed?	2 inquiries at EX
	Scores from a myFICO 1B EX report, Experian Basic (Free) membership, and Credit.com (EX VS3).	02/10	Δ	02/16
FICO 8	EX	735	-11	724
[Change]	Short credit history, No recent loan activity, Few Accounts in good standing
	Short credit history, No recent loan activity
FICO 9	EX	748	-7	741
	Short credit history, No recent loan activity, Too many accounts with balances, Short revolving credit history
FICO 2	EX	724	-26	698
[Change]	Short credit history, Seeking credit, Short revolving credit history, Amount owed on revolving accounts is too high
	Short credit history, Short revolving credit history, Amount owed on revolving accounts is too high, Too many accounts with balances
FICO 3	EX	761	-26	735
[Change]	Short credit history, Seeking credit, Short revolving credit history, Amount owed on revolving accounts is too high
	Short credit history, Short revolving credit history, Amount owed on revolving accounts is too high, Recently opened new credit account
AUTO 8	EX	723	-13	710
	Short credit history, No recent loan activity, Few accounts in good standing, Short revolving credit history
AUTO 9	EX	760	-12	748
	Short credit history, No recent loan activity, Too many accounts with balances, Short revolving credit history
AUTO 2	EX	693	-24	669
[Change]	No recent loan activity, Short credit history, Seeking credit, Amount owed on revolving accounts is too high
	Short credit history, Short revolving credit history, No recent loan activity, Amount owed on revolving accounts is too high
BANKCARD 8	EX	740	-12	728
[Change]	Short credit history, No recent loan activity, Few accounts in good standing, Too many accounts with balances
	Short credit history, No recent loan activity, Too many accounts with balances, Few accounts in good standing
BANKCARD 9	EX	757	-7	750
	Short credit history, No recent loan activity, Too many accounts with balances, Short revolving credit history
BANKCARD 2	EX	733	-27	706
[Change]	Short credit history, Seeking credit, Short revolving credit history, Amount owed on revolving accounts is too high
	Short credit history, Short revolving credit history, Amount owed on revolving accounts is too high, Too many accounts with balances
VS3	EX	747	-2	745

[Revelate]

Nice datapoint as always Cassie.

Sadly before this mortgage thing I was going to get down to 0 inquiries in discrete changes from 2 -> 1 -> 0 over the course of April.  Would've been interesting to compare vs yours but meh... and with all the jiggery pokery I probably should do on my finances this year it's not going to be worth a darn for testing anything concretely other than how much more beating can a thicker file take I guess.