How Long Do Inquiries Stay on Your Credit Report?
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How long do inquiries stay on your credit report?
Inquiries can stay on your credit report for up to two years.
However, they will only affect your credit score for the first year.
After that, they will fall off your report.
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How Long Do Inquiries Stay on Your Report?
Inquiries can stay on your credit report for up to two years. Each time an inquiry is made, it is recorded by the credit bureau and the inquiry remains on your report for two years from the date it was made. Inquiries do not have a major impact on your credit score after six months, so if you are trying to improve your credit score, you may want to wait at least six months before applying for new credit.
How Do Inquiries Affect Your Score?
As far as your FICO® scores are concerned, credit inquiries are classified as “hard inquiries” — meaning they can have a negative impact on your credit scores.
How much of an impact? Each hard inquiry could potentially shave a few points off your scores, and if you have several inquiries in a short period of time, you could see more substantialscore drops.
Additionally, the effects of hard inquiries generally don’t last very long. In most cases, hard inquiries will only stay on your credit reports for two years. However, if you have multiple hard inquiries in a short period of time — such as a couple within a few months — they may only impact your scores for one year.
How Can You Remove Inquiries From Your Report?
In general, inquiries remain on your credit report for two years. However, hard inquiries stay on your report for only 12 months. These are the types of inquiries that can have an impact on your credit score.
Should You Worry About Inquiries?
Inquiries can stay on your credit report for up to two years. But, they only impact your score for the first year. And that impact is relatively small — 10% of your FICO®Score☉ . Inquiries are only one small factor in the overall calculation of your FICO®Score—live with confidence knowing you’re in good hands.
