Refinance Inquiries Question

Discussion in 'Credit Talk' started by Robywhan, Aug 4, 2003.

  1. Robywhan

    Robywhan Well-Known Member

    I need to try and refinace my auto loan. If I put it out there to lending how much will it effect my credit score when they hit me with the hard inquiries?
  2. Robywhan

    Robywhan Well-Known Member

  3. Hedwig

    Hedwig Well-Known Member

    I don't think anyone knows for sure. Other things factor in as well, it seems. Like how many tradelines, ratios, who knows what.

    Maybe someone has some experience, but I think we've seen inquiries cost different amounts of points for different people due to circumstances. It also depends upon how many other inquiries you have, I think.

    GEORGE Well-Known Member

    I "PAY" 7 POINTS PER "HARD" ON EQUIFAX...if that helps any...
  5. Robywhan

    Robywhan Well-Known Member

    Helps quite a bit, thanks. 7 points is good to know.

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