For those who remember, I took out a $1265(well it came to that with interest) personal loan with american general finance. When it hit my experian report I lost 16 points. It finally hit my TU report and I gained 10 points. I now have a 673 TU score. The worst part is that my eloan based off of TU is 616 and my worthknowing.com is a 5 out of 100. I cannot get a cc with a 673 or even a simple store card. Would an enormous amount of inquiries keep me from getting anything. On another note, I had only 45 hard inquiries(included TU consumer disclosures though) and another 8 hard inquiries were knocked off the bottom. There were 3 consumer disclosures pulled today and I wonder if that is because the priority department called and looked at my report. Would that pull a consumer disclosure because if it does at 3 a day I will call them every fricken day until the hard inquiries run off.
Absolutely! 45 is quite a lot of inquiries. Your score and denials are probably hurting big time because of them. However TU consumer disclusures are NOT hard inquiries and are in fact not viewed by anyone but you. Yes the consumer disclosure is most likely the result of the review...I get that every time I get a TU report or have one sent to me from a dispute. Not sure if excessive TU inquiries would result in deletions as SOME (not all - not me) have gotten via Equifax. -Peace, Dave
Are you joking? 45 hard inquiries is about 40 too many. You want to keep the inq's as low as possible. Amex originally denied me due to too many inq's. I had 3 hard inq's and 2 of them were from Amex. So get rid of those and don't let it get to any more than 3 or 4 in a 6 month period.
Only 33 of them are hard and they stretch back a year. I know it seems odd but as my score goes up I get really impatient so I try another round and so forth. I am just gonna wait it out now. 21 of them are in the last 6 months.
I have gotten my inquires down to 3,2,3 and am still working on having them down to none before I apply for anything else. Whether a mortgage, car loan or CC. I am in the meantime trying to rid myself of about 20 negatives on Exp and 14 on EqFx. I have a strategy of having 1 inquiry every six months. My other strategy was that once my negatives are gone and my scores are in the 700s, I would apply for everything I need all in one day, ie Amex, Citi and Diner's along with my car loan so all the inquiries would be on the same day and be gone from the fico scoring the next time I needed to apply for something in another year or so. What do you vets thing of these strategies.
