How many points does a hard inquiry take from your credit score?

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asked Jun 5 in Credit by Velez (250 points)
How many points does a hard inquiry take from your credit score?

1 Answer

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answered Jun 5 by Adf289 (29,550 points)
A hard inquiry removes at most 5 points from a persons credit score.

So whenever you apply for a loan or credit card account you can expect your credit score to drop by at least 5 points but sometimes your credit score will only drop 2 points.

The hard inquiry will only affect your credit score for up to a year but it can take 2 years for the hard inquiry to drop off your credit report but sometimes I've had a hard inquiry drop off my credit report within 2 months.

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