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It sounds like you have opened 17+ accounts in the last 60 days. Presumably that involved at least 17 inquries, not counting the additional inquiries that could have occured from rejections. Thus your observation that you have "double digit" inquiries on your reports.
So the relevant fact here is that the cell phone inquiry likely hit a report with many inquiries, not the fact that you have a thick profile. Once you have many inquiries on the report, the FICO algorithms tend to only give you a scoring drop for every 2-3 inquiries after that.
1 - Yes, your file is considered thick based on the number of accounts you have. Most believe that 4+ no longer constitutes thin.
2 - Inquires are believed to be "binned" by many, which may mean the 3-4 inquiries are scored the same way, 5-6, etc. If that's the case, taking on an additional inquiry will sometimes leave someone in the same bin, thus realizing no adverse scoring impact.
3 - It's also believed by many that once you reach a certain amount of inquiries on a given bureau, say 14, that any additional inquiries no longer adversely impact score, as maximum scoring penalty related to inquiries is already being realized. It's quite possible that in your case with > 20 inquiries already that additional inquiries are not going to further reduce your score.
Also keep in mind that inquiries are only scoreable for 1 year, even though they're present on your CR for 2 years. What you really want to look at is how many of those 20+ inquiries per bureau happened within the last 365 days when you're considering scoring impact.
Spoke too soon just took an inquiry for Direct TV and my score on MF dropped 25 points - what the heck?!! Now that is some unlucky stuff right there. Wow
I think I'll just keep my mouth shut in the future. LOL
Maybe you should lay off the apps.Let the hard inquiries age, especially the inquiries from the last year as explained above.Only fill out an app for what you actually need like cable.You have a ton of cc's.Try be more focused on improving your Fico score.
@Anonymous wrote:Spoke too soon just took an inquiry for Direct TV and my score on MF dropped 25 points - what the heck?!! Now that is some unlucky stuff right there. Wow
I think I'll just keep my mouth shut in the future. LOL
It is highly unlikely that a 25 point score drop is attributable to a single inquiry.