How many FICO points are inquires?

[iamkim850]

I have over 20 inquiries on my credit file, is it imperative that I have those deleted to increase my score? I am trying to get a 750 score on all 3 bureaus, I'm currently at 623

[cv91915]

The inquiries aren't why you have a 623. You have much bigger fish to fry.

 

Where did you obtain that score, BTW?

[iamkim850]

I got the score from equifax.com I pay $29 monthly for the service....lol oh uhhhh what bigger fish??

[iamkim850]

lol...oh uhhhhh what bigger fish?? I got the score from Equifax.com, I pay $29 month for the service

[shifter]

you're talking FICO in the subject but EQ FAKO scores. FICO != FAKO.

 

however, the bigger fish are derogs like late payments, CO, CA, etc. you don't end up with a 623 with a clean report and 20 inqs.

[cv91915]

Here is a screenshot from Equifax site. Note that "number of inquiries" isn't specifically listed as one of the largest factors in how a credit score is calculated. It's probably factored in with the impact of "new credit", but it's only part of that.

 

Yes, they cost you a little, but the bigger fish I mention must be in one or more of the other categories (hint: above "new credit").

 

Edited January 9, 2014 by cv91915

[BobWang]

http://creditboards.com/forums/index.php?showtopic=497484&page=12&do=findComment&comment=4955147