Originally Posted by
Calipso
Irrelevant. A credit writer can see that stuff and make those conclusions, but during the initial application process if you are granted a credit card without having to talk to a rep (or credit writer) or recon for one.....they will never be the wiser.
I have been using EQ inquiries for credit line increases and new chase cards. Bumped the INQ's off and gotten new cards during my "clean" report period.
I'm not saying that B* doesn't work in real world situations. Obviously from your experience and others, it must be useful. But the whole process just doesn't make sense to me from a data standpoint. The data is all there in the credit report. I don't understand why they have to rely on an inquiry value to compute credit worthiness. Maybe they need to hire better programmers.