Is credit pull by multiple lenders within a 30 day period reported as one pull on credit report?
Answers:0 | LastUpdateAt:2012-09-02 23:20:03
Question- Janna
- Asked at 2012-09-02 23:20:03
The information requested by a new person to the U.S. MedlinePlus
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Consider the following situation that I apply in MedlinePlus straight day
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Day 1 Wellsfargo Bank Home Mortgage Loan MedlinePlus
Day 2 of Bank of America Auto Loan MedlinePlus
Day 3 Digital Credit Union credit card MedlinePlus
Day 4 ... MedlinePlus
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Day 13 Citizens Bank Home Mortgage Loan MedlinePlus
Day 14 U.S. MedlinePlus Bank Personal Loan
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Day 28 CapitalOne credit card MedlinePlus
Day 29 store credit card Kohl MedlinePlus
Day 30 Walmart credit card MedlinePlus
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Do all instances of my attraction to different lenders credit appear on my credit report ? Or just the attraction first credit in a period of 30 consecutive days should contact credit pull ? MedlinePlus
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Myth or reality : For the first lender that pulled your credit card , you have 30 days from that day . Will be considered only once , regardless of how many lenders pull your credit . They do that by giving you enough time to shop and compare different lenders . MedlinePlus
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Myth or Reality : The credit bureaus understand that savvy consumers want to review several loan offers , so agencies consolidate all inquiries credit mortgage loan within a specified period ( which can range from 14-45 days) and I consider it as an investigation . MedlinePlus
http://www.lendingtree.com/credit-resources/advice/understanding-credit/credit-inquiry-faq/
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