Credit Inquires?

[jaura6588]

When credit inquires fall off your credit report, does it raise your credit score? I want to apply for a credit card right now but I have a lot of inquires(10) from a year-and a-half ago. I am wondering if I should wait untill they fall of at the end of this year?

[FilingOnMyOwn]

Inquiries that are less than a year old are the most harmful. A year and a half you should be ok.

[jaura6588]

Inquiries that are less than a year old are the most harmful. A year and a half you should be ok.

Thanks for replying. If you dont mind me asking, but are your (3) cards on your sig secured or unsecured? I need a card! My current score(average) is 580. I want to get a capital one, but I included them in my BK. I will try anyways!

[edwards2]

Inquiries lowered my FICO score by over 20 pts...so do try and limit them. As for applying for Cap One...you included them in your BK and want to apply for a card with them? Try Orchard or Target Red but I would not be applying for a card with a company I filed on...?

[FloridaGirl]

The only reason I got a Capital One post BK was because I had a paid off card with them before BK. I don't know if I would have gotten one if the reverse had been true.

I would advise everyone who needs a crad out of BK to try Orchard. You will probably pay a yearly fee, and a high interest rate, but guess what? You have no choice right out of BK. If you want new credit, you have to bite the bullet until you re-build some.

[FilingOnMyOwn]

Thanks for replying. If you dont mind me asking, but are your (3) cards on your sig secured or unsecured? I need a card! My current score(average) is 580. I want to get a capital one, but I included them in my BK. I will try anyways!

All 3 are unsecured.

Capital One is very bk friendly, I would try them anyways. Go to their site, click credit cards, then select the tab labeled 'credit needs some improvement' these are very easy cards to get.

[tinroofrusted]

All 3 are unsecured.

Capital One is very bk friendly, I would try them anyways. Go to their site, click credit cards, then select the tab labeled 'credit needs some improvement' these are very easy cards to get.

Actually, I had to apply with them THREE times before I was approved, and I have been discharged for a year and a half now....

Sometimes they are, sometimes they aren't!