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Question By
freshour22

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Can car shopping credit applications creating inquiries hurt credit? I got 8 inquiries in 3 days!
I went car shopping, and wanted to determine, concretely, what my payments were going to be. Therefore, I had to fill out credit applications so they could figure out the interest rates. I was a thorough shopper, and went to multiple dealerships. However, I found that I now have acquired 8 inquiries in 3 days on my credit report from different car credit agencies. I wish that I knew or thought this would happen earlier. How badly will my credit be impacted by these inquiries for the next two years?

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Top Contributor
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not too much

It's better when the inquiries come in a short span like that. The bureaus expect you to shop around for best rates for cars and mortgages. No more inquiries for at least a few months and you should be just fine.

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yes...

I was told it shouldn't, but it did push up my Inquiries to an unhealthy number, and yes it did count against my score.

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