Sentences with phrase «treated as a single inquiry»

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

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.

When they do, you'll be happy to know that multiple credit checks from property rentals within any 45 - day (FICO) or 14 - day (VantageScore) period are treated as a single inquiry by the credit score.

In these cases, multiple inquiries will be treated as a single inquiry, and this will have little or no impact on your credit score.

Typically, these are treated as a single inquiry and will have little impact on your credit scores.

Not exact matches

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.

Another beauty of this is that if you do all your online shopping within a very short interval, credit bureaus will treat the inquiries for your credit coming from different lenders as a single transaction.

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.

For this reason, they treat hard inquiries for the same type of transaction as a single transaction if the space between the inquiries are very short.

More importantly, the credit bureaus will treat multiple inquiries from mortgage lenders within a month or so as just one single pull, rather than have each one possibly drag down your score.