When a finance company checks your credit, how long does the inquiry remain on your credit report?

I wanted to see if I could get a better deal on a new car loan so I applied through Lendingtree.com a couple days ago. I recently checked my credit report and noticed approximately 6 different organizations inquired about my credit. I thought only Lending Tree would do an inquiry. I know these inquiries generally do not have an adverse affect on my credit, but I am pretty careful about my credit report.





I was just wondering how long these inquiries remain on the report? Weeks, months, years?

When a finance company checks your credit, how long does the inquiry remain on your credit report?
Up to 3 years. Also, they do effect your credit score. It's called "excessive inquiries". And there is a reason: because your're not reported for credit up to 6 months AFTER you buy something. So, "they" wonder if you're trying to get a lot of credit because you have money problems. Lending Tree submits your "loan" to a bunch of creditors. Find what you want next time and then after you choose the vehicle and do some preliminary negotiations then fill out a "5 liner" for the dealership. Or get preapproved through a credit union. But only pick one avenue next time. Good luck and happy driving!!
Reply:Just so you know if all the credit inquiries for mortgage loans are all done within a certain period of time it will only count as ONE inquiry. This may apply to cars, I am not sure. Look into it. Report Abuse

Reply:24 months