Ethan Dornhelm, VP of FICO scores and predictive analytics, tells CNBC Select. “To lenders, a consumer with a score in the 800s is a sparkling applicant.”
My credit…
- Is Sparkling
- Has Waxy Buildup
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Dude I got a 78,000 on the WonderLick and I make eleventy billion dollars an hour.
Why do I need to tell you my credit score?
Sheesh.
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Think you guys are in the wrong thread. Anyway getting back on topic is this normal. I got 1 lease with 4 credit pulls!
It’s a thread about credit. 
I see two pulls (normal) and two reports propagating to 2 credit bureaus.
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Ok thanks 10101010
Right? Dealer pull (TU). Chase pull (TU). First payment history posted to TransUnion (which was used to score your lease) and Experian.
Eventually it will make it to your Equifax also.
IIRC the multiple pulls show up but they only count it as one hard pull as long as it’s done in the same general time frame ~30 days, bureau assumes you’re shopping for best rates
The issue is that it was more than 30 days apart
One inquiry on 1/27.
One inquiry on 1/28.
The other two alerts from 4/3 are from when your new account was added to your credit reports. This would have happened whether it had taken 1, 2 or 74,000 inquiries to get your lease approved.
Thank you!
Hi all,
Similar to @Wakimike I have the same question. Only thing with my situation it’s no new accounts opened. I was approved the other day dealer told me tier 1 with 825 score, ok great. Yet I keep seeing pulls each day. What’s going on here? I’ve called them, but no response yet. I’d just drive there if they weren’t out of state. I understand that the dealer triggers these pulls, so maybe these finance guys are not on the same page and pulling things that have already pulled? 6 pulls now!!!
Edit I just see it’s the different unions
Those will get scored as one each on TU and Experian.
It’s normal for the dealer to pull and the finance company to pull separately.
Not sure why they’d both pull Experian again so soon, but this will not impact your life (and your scores will barely flinch).
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I tend to be super particular of my credit and hard pulls. Waking up to alerts for the past 3 days have driven me insane. The score hasn’t moved of course, but with anymore in that short of time could probably see a blip.
Found it odd about the experian as well. The F&I guy is out and someone else is filling in. I hope the fill in did not go and subsequently pull it again not knowing. If I see another alert then I may blow a gasket lol
Thanks for the reassurance though!
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I’m also hyper-meticulous about my credit, but I don’t give legitimate inquiries (those with permissible purpose under the FCRA) a passing thought.
An inquiry just tells the next person who looks at your report, “I recently asked someone else to look too.”
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There no reason to be hyper sensitive to credit pulls when they are all lumped in a certain time frame, especially if you applying for something. If your above 750 you qualify for every top tier in anything your applying for. If you take a hit for inquiries and have good habits which give you a good score…it will return sometimes with two weeks of the hard pulls.
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Yea totally agree, still just a pet peeve lol.
Seemed a bit excessive seeing these pulls. The dealer when I brought it up also mentioned it was odd. Guess we’ll never know the truth. If I wake up again tomorrow to another alert, well then thats a problem lol.
I get it.
Since my last post I had my credit pulled for a HELOC (so far, just one Equifax pull).
Life goes on.
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The only time to care about credit pulls is when a hard-pull will push you out of Tier 1.
Then why aren’t all your credit bureaus locked? I leave all 3 bureaus locked, and I unlock them as needed, and then I relock them. No surprise inquiries, only attempts.
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Another reason to be sensitive about hard pull is if one is in the middle of applying for a new mortgage or refi. Banks can be very sensitive to all the hard inquiries and will ask you to write a statement with an explanation for each.
I don’t mind the hard inquiry too much but I hate it when I get 2 pulls for the same “transaction”. I’ve had to send in a formal letter to each credit agency to get that straighten out.
Not at any rate worth accepting, no. Santander/FCA/Ally might hang it, but why would you pay 5-series money for a Cruze?
I’d extend this lease as long as you can to get your score up. FICOs need to be in mid-600s and you aren’t guaranteed A-Tier below ~ 720.
If you need something sooner use a credit union to finance something reliable, eg a CPO Japanese