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Question By
lucyinthesky237

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Why does it show a credit inquiry for Pay Pal credit if I got approved?
I thought it only shows if you get denied

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Top Contributor
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An inquiry is reported and on your record irrespective if you got approved or not.   This shows other firms that you secured credit.  Going after too much credit too quickly is a sign of a potential problem.  You'll see a drop for the inquiry and once the account is approved, you see another drop.   Although, this second drop can be made up with on time payments over a short period of time (6 mos to a year).  The hard inquiry will be on your record for 2 years.

Reply by
lucyinthesky237

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Hmm, then why don't any of my other credit cards that I've had for less than 2 years show up as inquiries? And when you say dropped, do you mean it will just go away after a while since I was approved but it's just new and first time showing on my report? 

Thanks so much for the reply!

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