Flipper/Rehabber · Brighton, MI · Member since 2018 · 21 posts · 0 votes
I have started doing some research into this and am curious if anyone has had success in removing hard inquiries from their credit score? Is this something I should so myself / use a service to do it (how much is that) ? I have several inquiries & will be applying for a loan in 60 days (BRRRR). Would love some direction from the BP community.
Hard inquiries have a minimal impact on your credit score.
"According to FICO, a hard inquiry from a lender will decrease your credit score an average of 5-10 points. If you have a strong credit history and no other credit issues, you may find that your scores drop even less than that. The drop is temporary. Your scores will bounce back up again, usually within a few months, assuming everything else in your credit history remains positive."