So, here we are...discussing an ï¿½Everything Youï¿½ve Wanted to Know About Bumpage...And Then Someï¿½ thread.
After research, spreadsheets and much analysis, hereï¿½s how it appears to work...
Each CRA allots a certain amount of ï¿½file spaceï¿½ in their computer system (aka ï¿½lines") for each consumer file. Some CRAï¿½s have much more file space allotted per consumer...while others are still a little behind in the times, lol.
When the certain amount of space has been maxed out or the number of maximum lines has been reached, an interesting thing occurs...old information from certain sections begins to drop off...or disappear from the report. As new information is added to the report, the file space cannot accommodate the addition of data. It is the addition, which in effect, causes something old to drop or BUMP off. Think of it as a stack of 100 blocks...place one on top (referring to new data) and take one off the bottom (referring to the loss of the old data). There are still 100 blocks, The information within the report has changed, but the file space has not increased within the CRA system.
In the case of bumpage, the items that drop off are inquiries. While there are certain patterns that take place, the order in which items drop GENERALLY depends on the specific coding of the type of inquiry (such as credit card, mortgage, insurance, etc). Most times, inquiries drop in a FIFO pattern (First In First Out). Not all inqs will drop, however. Mortgage inqs and insurance inqs seem to be coded in such a way that those inqs will remain for the full 2 years. A/R & PRM Soft inqs generally do not bump either.
After repeated credit pulls, the new ï¿½soft inquiriesï¿½ generated by you pulling your own reports eventually ï¿½pushesï¿½ the bumpable inqs off your report. As each CRA has different amounts of space, the time required and number of pulls needed definately not only varies with each CRA, but with your individual file size as well. Generally, depending on which CRA, it can take as little as 60 inqs to over 170 inqs. Remember, these are soft inqs that will NOT hurt your score. Note that bumpage will not work for EXP. The file size seems to great to exceed and they have other measures in place to prevent it.
While it does work for EQ and TU...something else new that has come of light since bumpage was discovered is another term called ï¿½Choppageï¿½, Choppage is a preventive measure used by a CRA where they keep track of your file size and number of inqs (both soft and hard) and essentially, CHOP your soft inqs from your report BEFORE you hit the ï¿½magic numberï¿½ for inquiries to obtain bumpage. It can be quite frustrating when this happens...as any day you are anticipating a hard inq to drop, yet when you pull your report that day, ALL of the inqs generated from you pulling your report are GONE. This doesnt always happen, but it happens to enough people to make light of it here in this thread...and it could happen to you!
Now, as we all know, certain benefits cannot come without consequences. Before focusing on pulling your reports as frequently as poossible to attain the ï¿½magic numberï¿½ BE FOREWARNED that there are a couple things that can happen in doing this...so, think twice about the benefits of bumpage vs. the disadvantages.
The most common drawback is that generating a large file with inqs can cause your file to ï¿½splitï¿½...in essence, creating 2 credit files with 1 CRA. Some data ges transfered to the new file, some stays with your original file...one never knows exactly how the data will split. BUT...what WILL happen, is when a lender pulls your report, you never know WHICH file will be pulled. This, in addition to other issues regarding credit repair (such as disputes resulting in deletion of a baddie, yet, if the baddie shows on both the regular file and the split one, it is often only deleted from one of the files) Generally, split files can be fixed...but it really can be a pain in the kazoo. If asked, many members will be able to give more info on split files.
Another drawback is the possible loss of old, positive but no longer updated tradelines. The CRA's may attempt to clean up your file while repairing a split, it is possible that old tradelines no longer being updated may be swept away..usually your oldest positive tradelines. This can be devastating to a credit score...more so than the damage a couple of hard inquiries are doing.
SO...think twice...an know what CAN happen...both good AND bad...before you try this at home, lol.
Dec. 5th, 2015 Update: bumpage is now dead. It's still an interesting read, but bumping inquiries no longer works.