Financial Balance

Some of the ways in which
inquiries provide value to leanders and consumers:
.  Accoridung to Fair Isaac (FICO) people who have added six or more
   inquiries during the past year can be up to eight time more likely to
   file for banckruptcy than those with credit reports showing no inquiries.
.  As the only major area of your credit report to update immediately,
   inquiries tend to be the earliest indication that a consumer has applied
   for  new credit, which tends to be a factor indicating future credit risk.
.  Inquiries can provide early evidence of identity theft when a
   consumer credit file has been accessed fraudulently.

Knowing just a few basic facts about inquiries and credit scores can help
avoid costly misunderstandings and mistakes.  credit.com