How Long Does Inquiries Stay On Your Credit

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Remove Inquiries In Just 30 days! Hard inquiries stay on your credit for 2 years. However, that doesn’t mean a hard inquiry negatively affects your credit for 2 years. Rather, a hard inquiry will only affect your credit for up to 12 months. Even then, hard inquiries only hurt your credit if you have several.

Inquiries remain on your credit report for two years, although FICO scores only consider inquiries from the last 12 months. FICO scores do a good job of distinguishing between a search for many new credit accounts and rate shopping for one new account.

A hard inquiry will stay on your credit report for 2 years. Hard inquiries affect your FICO score for 1 year. An inquiry will not drop your credit score more than 5 points. However, in many cases it will not cause your score to drop by more than a couple points.

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So how long do these inquiries stay on your credit report? typically, they stay there for two years. This doesn’t mean they affect your credit score for two years, though. They will immediately affect your credit score upon reporting them, but the effect then begins to wear off.

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When a hard inquiry is reported, be aware that you may see a minor decrease in your credit score. This decrease will last for about a year. If you are in the market for a car or house and need to shop around for favorable loan terms, you should focus on keeping your inquiries within a 30-day time frame.

Yes, applying for a new credit card could temporarily hurt your credit score. In the long run, though. A FICO score only factors in hard inquiries from the last 12 months, but the inquiries stay on.

Find out the difference between a soft inquiry and a hard inquiry, and how long credit inquiries stay on your credit report. Inquiries remain on your credit report for two years, or 24 months, so be sure you’re not exhausting your credit score with hefty credit applications.