Credit Inquiry Removal Help
Credit inquiries are used by a bank or a company to check your credit report when you have applied for a loan or a credit card. Whenever a credit inquiry is made, your scores go down. Getting financing can be hard if you have a low fisco score. There are ways on how to delete inquiries from your credit report before the usual time of 2 years. The type of information in your account does not matter. The verification of the item is the essential priority.
There are two types of credit inquiry. The first one is the soft inquiry. This type of inquiry has no negative impact on your credit report. When you request for your credit report in accounts for the soft inquiry. Another type of credit inquiry is the hard inquiry. The hard inquiries affect your credit scores negatively, and the financial lenders would want to see it. Getting loans or other types of financing is tough when you have a lot of hard inquiry. Removing your credit inquiries from the credit report will improve your credit score and the creditors will not hesitate to lend you the financial assistance you need.
The first thing to do to remove your credit inquiries is to request your credit reports from the bureaus and keenly assess each item. Each bureau includes a credit inquiry section, both for the hard and soft. The next step involves identifying the items you want to challenge in the reports. After identifying the negative item in your report, write a dispute letter to the bureau. The bureau will investigate the item when they get the dispute letter. Make sure you send the letter of dispute using a mail that has been registered to get a delivery feedback. The confirmation of the delivered letter will be a legal proof against the bureau if they don’t respond to you in a timely manner. The law protects the consumers by ensuring that the bureaus investigate and remove unauthorized items from their credit reports.
You just need to know what to write, how to communicate it and who to send the request. Avoid paying expensively to a company that claim to improve your credit scores by repairing your credit report. With some few learning, you can get your credit card fixed.
If you have difficulties writing a credit dispute letter to remove inquiries from your credit report you can use the internet. Check for a web page with a guide on how to repair your credit reports. You can then remove the credit inquiries by the help of the credit repair guide. Consider hiring a credit repair company if you have other negative items on your credit report that need to be dealt with. This will save you the time and energy of directly dealing with the lenders.