Posted on: 21st Jan, 2013 12:13 am
Hi there… how many points do inquiries take from your score? I applied for a cc and the reason they denied me was Excessive Inquiries. I have. Post BK did charge date of Oct 2012.
Hi Guest,
Credit inquiries can lower scores by 5-10 points per inquiry. It should be noted that inquiries look worse to lenders if you have a lot of derogatory items on your credit report as it predicts you are high risk.
Take care
Credit inquiries can lower scores by 5-10 points per inquiry. It should be noted that inquiries look worse to lenders if you have a lot of derogatory items on your credit report as it predicts you are high risk.
Take care
Hi Guest,
It is true that credit enquiries lower scores by 5-10 points but there are high chances that you will recover those points within 6 months.
It is true that credit enquiries lower scores by 5-10 points but there are high chances that you will recover those points within 6 months.