Sentences with phrase «time as a single inquiry»

Credit scores consider multiple inquiries for auto loans within a short time as a single inquiry.

Not exact matches

Last year the emerging phone - hacking scandal was simply too big to be contained as one entry in this chart, but this time around we've decided it can just about be crammed into a single judicial inquiry - sized box.

Because credit bureaus allow a shopping window for auto and mortgage financing, these inquiries would only count as a single inquiry on your credit if they are done within a short period of time.

So depending on the credit bureau, multiple mortgage - related credit checks within a specific time period (typically 30 days) may — but aren't always — be lumped together and treated as if they are one single inquiry, dinging your credit score just once.

Multiple inquiries within a short period of time are treated as one single inquiry, so the Dhaliwalls shouldn't be too hung up on this.

Generally, if the inquiries are within a 14 - to 30 - day time frame, they're treated as a single inquiry for scoring purposes.

While auto, mortgage and student loan applications over a short period of time are treated as one single inquiry, that is not the case for credit cards.

Inquiries for mortgage loan and auto loan purposes in a certain period of time — usually 14 days — counted as a single inquiry by most scoring systems.

Unlike multiple mortgage, auto and student loan inquiries that are treated as a single inquiry when incurred within a narrow time frame, the scoring formula is not so forgiving of credit card inquiries, as each one can potentially affect your score.

They do so by counting all inquiries within a given period of time, or buffer period, as a single inquiry.

That's a bit different from applying for other types of credit, such as a mortgage, because if you apply for a mortgage from six different banks, say, your credit report will still just list it as a single inquiry if you do it within a concentrated period of time (like two weeks or so) since you're really just applying for a single line of new credit for that one mortgage.

Multiple inquiries from the same type of lender are scored as a single inquiry if received within a short period of time.