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  1. #1
    Registered User Junior Member
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    How many credit inquiries is too many?

    I apologize in advance if this has been posted before but the answers I've come across online so far have all been somewhat conflicting. What I want to know is how many credit inquires can you have on your credit report before it starts to hurt your credit score?

    One article I came across said it takes at least four, while another said that your credit score will drop after each inquiry. I am just trying to decide if I want to apply for more than one card at a time. Will this hurt my score?


  2. How many credit inquiries is too many?
  3. #2
    Registered User Enthusiast
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    63
    I've found that my score drops by about 10 points after each new inquiry, however it usually rebounds within a month or two.. probably due to the new available credit. So your score will probably drop initially regardless, but if you have too many inquires you may a more long term effect from it until some of them drop off your report. Hopefully that makes sense
    Last edited by CreditDave; 02-28-2013 at 11:54 AM.

  4. #3
    I would say after 3+ you need to be careful... I've never been too concerned about it TBH because they tend to fall off faster than I apply for new cards.

  5. #4
    I agree with CreditDave 3+ but they do fall of quicker than delinquent accounts and other items on your report.
    Need a Card to Build/Rebuild Your Credit With? Read This >> Best Credit Cards For Building Your Credit

  6. #5
    Registered User Enthusiast
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    I've always been a bit scared to apply for cards since I'd always heard it hurt your credit, its good that its only if you do a few of them. I would never apply for more than one card at once, anyways, I don't really see the need.

  7. #6
    Registered User Enthusiast
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    63
    Quote Originally Posted by byedebt View Post
    I would never apply for more than one card at once, anyways, I don't really see the need.
    If you ARE going to apply for multiple cards it can be best to apply for a few from different issuers at once, because the hard pulls on your credit report take a few days to show up so essentially they can't see the most recent credit inquires right away and they can't work against you.

  8. #7
    Registered User Enthusiast
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    64
    Quote Originally Posted by Card Dude View Post
    If you ARE going to apply for multiple cards it can be best to apply for a few from different issuers at once, because the hard pulls on your credit report take a few days to show up so essentially they can't see the most recent credit inquires right away and they can't work against you.
    Cool tip. Thanks.

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