How Credit Inquiries Affect Your FICO Score

In this episode of The Credit Score Podcast, Lucas and Luna explore the real impact of hard and soft credit inquiries on your FICO score. They break down the difference between shopping for a mortgage and opening multiple credit cards in a short period, using real-world examples like a borrower who applied for six store cards in one week. The hosts explain how the credit scoring models treat rate shopping for auto loans versus personal loans, and why checking your own credit report doesn't hurt your score. They also discuss the FICO 'deduplication' window and how long an inquiry stays on your report. By the end, you'll know exactly how many credit applications are too many and how to plan your borrowing strategically. Tune in for a clear, practical guide to managing credit inquiries without damaging your score. #CreditInquiries #FICOScore #HardInquiry #SoftInquiry #CreditReport #CreditScore #MortgageShopping #AutoLoan #CreditCards #Borrowing #Finance #PersonalFinance #CreditTips #FexingoBusiness #BusinessPodcast #CreditScorePodcast #LucasAndLuna #FinancialLiteracy Keep every episode free: buymeacoffee.com/fexingo