FICO scores only consider inquiries iniated by you (when you were seeking credit) over the most recent 12-month period.  FICO scores only consider inquiries from the last 12 months, although inquiries remain on your credit report for two years.

Federal law requires that all inquiries be kept on file for a period not to exceed 24 months.

Looking for new credit can be equated with higher risk, however the FICO score ignores all auto or mortgage related inquiries that occur in the most recent previous 30 day period (called the "buffer" period) since it is common for consumers to go to multiple dealers or lenders.  Prior to that buffer period, within any 14-day period auto or mortgage related inquiries are counted as just one inquiry.

The FICO score does NOT count:

     Consumer disclosure inquiries-requests you have made for your credit report, in order to check it.

     Promotional Inquiries-requests made by lenders in order to make you a pre-approved credit offer.

     Account review inquiries-requests made by lenders to review your existing account to them.

     Employment inquiries-requests marked as coming from employers.

     Insurance inquiries-requests marked as coming from insurance companies

I hope you find this information helpful to yourself and your clients!!!! :)

Have a Great Day!