Points for hard inquiry

Discussion in 'Credit Talk' started by KCPaul, Jun 14, 2002.

  1. KCPaul

    KCPaul Well-Known Member

    Any ideas on how an inquiry for CC will look on score?
    Looks like if approved, one can get an increase in score for more open CL. If not approved, how does that affect one's score? (Assuming few other recent inquiries)
    Curious ;}
     
  2. jrjr35

    jrjr35 Well-Known Member

    i lost 6 points a shot
     
  3. wolverine

    wolverine Well-Known Member

    4-6 is a good range. Don't assume score will go up after cc posts. That only works if you have limited cerdit. If you have more than two or three cards, it will probably hurt your score.
     
  4. KCPaul

    KCPaul Well-Known Member

    I was using info from Equifax Credit simulation once I pull my score thru creditwatch. Plug in what will happen if I apply for a CC with XXXX CL. Then gives a range of credit scores, usually higher.
    FWIW
     

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