Is credit pull by multiple lenders within a 30 day period reported as one pull on credit report?

SPIFIMAN1

2009-06-30 09:25:10 UTC

That only applies to mortgages and auto loans so your 2 mortgage applications will count as 1, your 1 auto application will count as 1 and your 5 other applications will count as 5 for a total of 7.

They will all show but instead of taking 8 hits you only took 7.

anonymous

2016-09-24 09:39:00 UTC

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RE :Is credit pull by multiple lenders within a 30 day period reported as one pull on credit report?

Information requested by a person new to the US

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Consider the following situation that I apply on consecutive days

Day 1 WellsFargo Bank for Home Mortgage Loan

Day 2 Bank of America for Auto Loan

Day 3 Digital Credit Union for Credit Card

Day 4 ...

...

...

Day 13 Citizens Bank for Home Mortgage Loan

Day 14 US Bank for Personal Loan

...

...

Day 28 CapitalOne for credit card

Day 29 Kohl's store credit card

Day 30 Walmart credit card

Will all the instances of my credit pull by different lenders show up in my credit report? Or, will only the first credit pull in a 30 day consecutive credit pull period be reported?

---------

Myth or fact: For the first lender that pulled your credit, you have 30 days from that day. It will only count against you once regardless of how many lenders pull your credit. They do that so it gives you enough time to shop and compare different lenders.

http://www.trulia.com/voices/Home_Buying/When_multiple_lenders_pull_your_credit_within_wha-120191

----

Myth or Fact: The credit bureaus understand that savvy consumers want to review multiple loan offers, so the bureaus consolidate all mortgage loan credit inquiries within a certain period (which can range from 14 to 45 days) and count them as one inquiry.

http://www.lendingtree.com/credit-resources/advice/understanding-credit/credit-inquiry-faq/

Follow 5 answers

anonymous

2014-09-21 19:10:42 UTC

You should visit HTTP://HELP.CREDIT-SOLUTIONS.INFO I am sure here you can find the best option for you

RE Is credit pull by multiple lenders within a 30 day period reported as one pull on credit report?

Information requested by a person new to the US

---------

Consider the following situation that I apply on consecutive days

Day 1 WellsFargo Bank for Home Mortgage Loan

Day 2 Bank of America for Auto Loan

Day 3 Digital Credit Union for Credit Card

Day 4 ...

...

...

Day 13 Citizens Bank for Home Mortgage Loan

Day 14 US Bank for Personal Loan

...

...

Day 28 CapitalOne for credit card

Day 29 Kohl's store credit card

Day 30 Walmart credit card

Will all the instances of my credit pull by different lenders show up in my credit report? Or, will only the first credit pull in a 30 day consecutive credit pull period be reported?

---------

Myth or fact: For the first lender that pulled your credit, you have 30 days from that day. It will only count against you once regardless of how many lenders pull your credit. They do that so it gives you enough time to shop and compare different lenders.

http://www.trulia.com/voices/Home_Buying/When_multiple_lenders_pull_your_credit_within_wha-120191

----

Myth or Fact: The credit bureaus understand that savvy consumers want to review multiple loan offers, so the bureaus consolidate all mortgage loan credit inquiries within a certain period (which can range from 14 to 45 days) and count them as one inquiry.

http://www.lendingtree.com/credit-resources/advice/understanding-credit/credit-inquiry-faq/

Nancy

2016-04-03 05:26:18 UTC

As bdancer2 stated, your report will be full of inquiries. It is those credit card and loan applications that are listed individually. Shopping for a mortgage or auto loan is different and will be treated as a singe inquiry as long as you shop quickly. Also, inquiries remain on your credit report for 2 years but have less affect as time goes by.

anonymous

2016-07-20 02:56:45 UTC

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anonymous

2014-05-09 05:34:51 UTC

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