I was shopping around for a car, and in the process I was shopping for car loans. I finally bought a car within a couple weeks, but it resulted in many hard inquiries on my credit report (at least for Equifax).
From what I read online, all of these inquiries should count as one hard inquiry because I was shopping for a car and a single loan for that car. Is this true?
How can I fix my credit reports so that it counts as a single hard inquiry while shopping for a car?
This is what NerdWallet shows:
Experian lists each inquiry that is made into your file for two years, so that you have a complete record of who has reviewed your credit history, but they will only be counted as one inquiry when calculating the score
So it looks like what I thought should be correct. If my score is low on NerdWallet, maybe it is making assumptions, or not getting a score from Experian?
Here's what credit.com and nerdwallet show as my scores:
The reason I'm asking is because in particular I see credit.com shows that I now have an "F" in the "Credit Inquiries" section, so that's what makes me believe that shopping for a car and applying at many places for the car loan resulted in my credit drop (and I'm wondering if it maybe dropped more than it should've?).