Credit Check

Forum|Forum|5 years ago
June 8, 2020
1 reply
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is it possible to get the credit inquiries on my score erased since my mother (who I am cosigning for) did not get approved by some of them?

Not A Product Question

Best answer by Opus 17

No. The point of a credit score is to predict your risk for a future loan. Applying for credit multiple times makes you look like a more risky borrower, whether or not you succeeded in getting the credit.

Opus 17Answer

abbeygale876Author

Thank you, Opus17. Thankfully, since the credit check was for the same financing it only counts as 1 inquiry.

Opus 17

@abbeygale876 wrote:

Thank you, Opus17. Thankfully, since the credit check was for the same financing it only counts as 1 inquiry.

Multiple checks within a 14 period count as one check for score purposes, even though all the checks will be listed on the report. Inquiries are also a fairly small part of the overall score, even though they are probably the most easily noticed factor ("my score went down and all I did was apply" etc.)