How many credit inquiries is too many?

All about maximizing your rewards!
Members share tips and tricks for getting the most miles, & points.
11 posts
User avatar
Elliot Castro
Platinum Member
Platinum Member
Posts: 77
Joined: Sat Jan 22, 2011 4:23 am
Location: sfdsf

Postby Elliot Castro » Mon Jan 24, 2011 10:53 am

I used to work for various banks a decade ago, handling various credit cards. Each bank has their own home-blend formula, and these formulas were and still are changing all the time, even on a monthly basis. You don't have to take my word for it, ask someone else who has been in the same position.

It is true that trying to avoid DINGS is a good rule-of-thumb to follow, but the penalties for this tends to be overly exaggerated to those on the outside. Dings are one smallest factors compared to the other variables used.

Return to “Rewards”

Who is online

Users browsing this forum: No registered users and 2 guests