Originally Posted by
brasov02
Are you actually surprised at the results of your churn? You seem to have basically verified what we already pretty much knew: Each hard pull usually knocks an average of around 3 -6 points off your score. If anything I am a little surprised you managed to stay on the low end of that spread. I would have thought that with each additional pull they would come with a slightly bigger ding, but apparently each pull is about the same whether you just do one or thirteen. So maybe I did learn something new after all.
Either way, hopefully you haven't disqualified yourself for any big offers coming up in the next few months.
Here's what surprises me. The mega-churn added 10 inquiries to my credit report, distributed as follows:
Experian (score: 737) - 3 new inquiries, bringing the total to 11
Equifax (score: 737) - 5 new inquiries, bringing the total to 14
Transunion (score: 746) – 2 new inquiries, bringing the total to 3
The funny thing is that my scores all fell by the exact same amount (keep in mind these are CreditSecure estimates), despite a very different number of inquiries that hit my individual bureau reports. This leads me to think that the new account activity has a much larger impact than the inquiries. I’m inclined to think that the number of inquiries is almost inconsequential. I say “almost” because the total number of inquiries is the only thing that differentiates my Transunion report from the other two and must account for the nine point difference in the overall scores.
Over the last year (and prior to this churn) I've had virtually no change to my credit scores from other application activity.