Hey, This is my first post and my credit reports all show a bunch of inquiries around the same time at 2 different intervals. I believe this happened when my wife and I used Lending Tree to find a mortgage and a car loan. Is it true that lenders do not usually count them individually if the inquiries are extremely close together? How do I go about bumping them? Can I do that by using TrueCredit? Thanks in advance for any help!!!
Since every lender is different it's hard to say, usually they will notice several pulls and wont count them too much. You wont be able to use TC as it doesn't put any inquiry on your report noticed to anyone other than yourself.
If you want to get them removed, you would need to dispute them with the individual credit reporting agency. You may or may not have any luck. The good news is that multiple queries are usually grouped for the purpose of scoring. I don't like how lending tree really racks up the hard inquiries, however.
You have to remember that Lending Tree is a huge organization. If you completed two applications, one for mortgage, another one for car loan, your mortgage application would go to one area, your car loan application to another area. Since they don't really have anything to do with each other except possibly sharing one floor of a building. The mortgage approval dept. will run a credit report, and so will the car lending approval dept. One company - two inquiries, possibly even on the same day. And you can dispute yourself black and blue with the credit bureaus about such entries, and still not get anywhere
You will get an inquiry from every company they send it to, possibly. For mortgages and for car loans, inquiries within a set period (I think it's a week) are grouped together and counted as one for scoring purposes.
