Find Out The Ways On How To Effectively Remove Credit Inquiries
It is important for you to know by now that there are credit inquiries that should not be done, especially for unauthorized persons that is why we present to you this article containing all the things that you have to know regarding how to remove inquires fast. However, there are still things that you should know and understand regarding credit inquiries so, before we proceed on presenting you the ways on how you can remove credit inquiries fast, we will have a brief discussion about it first.
When we say credit inquiry, we are actually referring to a record of any entities who may have viewed the credit reports that you have as well as the time or the instance they do such an act. If you are wondering why might be the one to monitor the inquiries done by outside entities on credit reports, well, we’ll have you know that it is the job of credit reporting agencies and talking about them, they are tasked by the federal government to keep a report that is detailed and concise regarding all the inquiries they can find for twenty four months. With regards to credit inquiries, you should know as well that there are two types of them which are the soft inquiries (inquires that do not hurt the credit score of a person) and the hard inquiries (inquiries that causes damage to it).
In other words, when we say soft inquiries, we are actually referring to credit inquiries that are released through a court order or probably, from a request coming from an authorized sources who wants to grab hold a copy of the credit report that you have. Meanwhile, when it comes to hard inquiries, we want you to know that this is an act conducted by someone who have an acceptable reason on viewing your credit history such as a prospective lender since you are applying for financial assistance, a credit or even a loan.
However, lenders are not molded the same hence, you have to be keen about those lenders who will push through in reviewing your credit report even though they do not have a reason for it and even if you have not given them permission to do so. In order for you to protect the points on your credit score from being taken away from you, we will present here in this article some fast inquiry removal schemes that will help you with your cause.
With regards to this matter, the first thing to do is to send a letter of request to the lender, asking them to show proofs that you have agreed on them viewing your credit report. If the lender cannot show you the proof you are asking from them, they must write a return letter stating how their inquiry was done erroneously but, if they cannot do this as well, it is now time for you to file a complaint against them for violating the FCRA.
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