Does an inquiry count if you decline the offer?
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Hi. I applied for 2 credit cards, and was approved for both. One offer was good and I accepted it (i.e. they issued a new card on my name), the second offer had lesser terms (high APR, annual fee etc.) so I declined it.
Does it effect my Fico score even if I declined it?
Tnx
Sure it counts
An inquiry is an inquiry is an inquiry…
All inquiries count. An inquiry has nothing to do with being approved, being turned down or by you accepting/rejecting an offer.However, one inquiry has a very small effect on your credit score. Just a few points, and only for a short period of time.
Inquiries only affect your score for 12 months, and if you don’t have too many (2 are certainly not many) then you have nothing to worry about.
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