Hard inquiries, the result of applying for new credit, lower your score 5-10 points each for 12 months. Besides your credit score, lenders will deny you new credit if you have too many. The cut-off is usually six inquiries within a one year period.
How many points does credit inquiries lower your score
Credit inquiries lower your score 5-10 points per. Trying to get a car at a dealership might add 3 credit inquiries (one for Equifax, TransUnion, and Equifax), lowering your score up to 30 points! Having more than six inquiries will sometimes mean you get denied out-right.
Get Your Inquiries Removed Professionally
In some cases, we recommend speaking with a Credit Repair professional to analyze your credit report. It's so much less stress, hassle, and time to let professionals identify the reasons for your score drop.
If you're looking for a reputable company to increase your credit score, we recommend Credit Glory. Call them on (866-656-9334) or setup a consultation with them. They also happen to have incredible customer service.