Credit Tips: Multiple Inquiries on Credit Report

Posted On: January 1, 2006

archive
Posted: Thu Sep 23, 2004 11:30 pm
Post subject: Multiple Inquiries on Credit Report

sue
Date: 3/1/2001 10:56 pm CDT

Hi! I had a bankrupcy discharged about a year ago. Since then I have tried to reestablish credit by applying for a credit card (about 3 times within the last 6 months), which I was turned down for. My question is, does it make a difference how many inquiries are on your report (from applying for credit cards?), how long do they stay on their, and if they do make a difference, is there anything that you can do to take them off? I want to create a good credit standing and my income is good, I am willing to apply for a secured credit card. What can I do? (sorry, it was more than one question…=-)

archive
Posted: Thu Sep 23, 2004 11:30 pm
Post subject: Multiple Inquiries on Credit Report
Eugene
Date: 3/2/2001 0:05 am CDT

does it make a difference how many inquiries are on your report (from applying for credit cards?),

Yes.

how long do they stay on their,

Two years. Most of the times, only those in the last six months are considered by creditors.
and if they do make a difference, is there anything that you can do to take them off?

No. Except wait.

I want to create a good credit standing and my income is good, I am willing to apply for a secured credit card. What can I do?

Just apply. I don’t think your three inquiries alone will stop you from getting it.