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How would having a rental application and car application at the same time affect...
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<blockquote data-quote="Nate" data-source="post: 849167" data-attributes="member: 215161"><p>...my credit? I' am getting ready to move, and also at the same time I am looking into buying a "new" (used but new to me) car. How will applying for both of these things around the same time affect my credit score?</p><p></p><p> I have heard that if you have multiple inquiries on your credit score within a certain amount of days they only count as 1 inquiry, instead of multiple. So like if I put my rental application in and the car application in during the same week, will they count as one inquiry on my credit or more?</p><p>I know it is a lot to be dealing with both the moving and buying a new car at the same time, but its the situation I am in right now.</p><p></p><p> Also my credit score is 658 as of march 2008,( could have gone up since then since I have no negative factors on my fico score,) but if doing the two applications at the same time will affect my score negatively how much of a drop should I expect.?</p></blockquote><p></p>
[QUOTE="Nate, post: 849167, member: 215161"] ...my credit? I' am getting ready to move, and also at the same time I am looking into buying a "new" (used but new to me) car. How will applying for both of these things around the same time affect my credit score? I have heard that if you have multiple inquiries on your credit score within a certain amount of days they only count as 1 inquiry, instead of multiple. So like if I put my rental application in and the car application in during the same week, will they count as one inquiry on my credit or more? I know it is a lot to be dealing with both the moving and buying a new car at the same time, but its the situation I am in right now. Also my credit score is 658 as of march 2008,( could have gone up since then since I have no negative factors on my fico score,) but if doing the two applications at the same time will affect my score negatively how much of a drop should I expect.? [/QUOTE]
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