Probably a silly question, but is there a difference between a credit inquiry for let's say, a new credit card and a credit inquiry for an already established credit card? If I was to call my credit card company and ask for a credit line increase and they pulled my report will this be considered an inquiry on my report? Also, how does this differ from credit card companies checking your credit sporadically although you are already a customer with them? Thanks. Dani
RE: Credit Inquiries - New vs George, thanks for your reply, but what are soft inquiries? When it comes to inquiries and FICO scores I know nada. Dani
RE: Credit Inquiries - New vs Good. I am going to call Discover right now and ask them to up my credit line. Thanks George. Dani
RE: Credit Inquiries - New vs SORRY, didn't read anything about DISCOVERCARD...they will pull "HARD"...
RE: Credit Inquiries - New vs I know I just called them. I told them if it was a hard inquiry to cancel the increase request. I want to apply for a mortgage in a couple of months and want no inquiries showing. I spoke to their Customer Service Department and asked them if they did automatic line increases after showing so many months as a customer. She said they do every 6 months to a year. Since I have been with them for six months I hoping its any day now. What is so funny is I had Discover as a freshmen in college (no credit established and a $1200 limit). Five years later, great credit and still a $1200 limit. It's so sad I just have to laugh. Dani
RE: Credit Inquiries - New vs I've had the card 5+ years NO INCREASE EVER...EXCEPT THE ONE I REQUESTED... Purchases are paid in full every month. Never late. Purchases as high as $80,000+/year ($30,000 average). They said if I did a balance transfer @9.90%, they probably could give me a $10,000 increase, BUT THEN ALL PURCHASES WOULD ACCRUE INTEREST AT 18.49%...
