Inquiry Removals

A soft inquiry will not report to your credit file. Lenders will check your score and do a pre-approval to see if your are a potential candidate to receive credit and this will not effect your credit score. When you are buying a car, getting a mortgage or seeing which credit cards you can obtain creditors will do a soft pull so that they can evaluate your credit status amongst multiple lenders.

For example: If you are looking to get a credit card they can run your credit to see which credit card companies are most likely to approve you based on your  current credit score. This will not impact your score.

Before applying for credit it is always best to get a pre-approval so that you do not accumulate multiple inquiries on your report. If you want to see what credit cards match your credit score you can get a pre-approval to see who is more likely to give you credit. There are primary tradelines that you can apply for which will build your credit and only do a soft inquiry.

• Special offer for a  credit card
• Checking your credit score
• Background check
• Applying for Utilities such as gas or water
• Applying for a new job
• Applying to rent a home or apartment 

There are multiple ways to dispute an inquiry from your credit report. You can call the credit bureau or company directly and inform them that the inquiry is inaccurate or you can send a dispute letter stating that the inquiry is unauthorized. You may use  an inquiry template or personal written letter explaining why these inquiries should be immediately removed from your credit report.

The letter must include your name, address and phone plus the name of the company and date the inquiry occurred. You can also request documentation that shows the physical evidence that you applied for credit with the lender. It is always best to send your disputes via certified mail with a signature request to document your dispute to each credit bureau.

Experian
P.O. Box 4500
Allen, TX 75013

Trans Union Consumer Solutions
P.O. Box 2000
Chester, PA 19016

Equifax Information Services, LLC
P.O. Box 740256
Atlanta, GA 30374

The credit bureaus offer you an option to dispute your negative items online which makes it easy for the consumer. This allows you to put in your personal information and submit your dispute. The reason why the credit bureaus make this so easy is because it allows them to distribute the dispute expeditiously.

There are may disadvantages to using this system they set up for consumers because once you use this you are giving up your right to dispute the negative items again if they verify your information. Once this happens the negative item stays on your credit report for 7 years and you can no longer dispute the derogatory whether it is is your or not. It is always best to submit a dispute via mail so that you are protected under FCRA laws and can document your disputes.

Credit bureaus are large Billion dollar companies who collect you data to sell to creditors so understand your advantages and disadvantages to repair and create an elite credit file.

Here are the links for online disputes:

A hard inquiry are one of the many factors that will effect your credit score and too may hard inquiries will show that you are desperately seeing credit. Lender have requirements that you must meet in order to get approved for credit and if you are over the threshold within a 6-month to 12-month period your application will be denied. It is important to have no more than three inquiries in a 6-month period and no more than 6 inquiries in a 12-Month period. Once you have reached the required limit you will begin to see denials and hard inquiries will continue to report on your credit file and decrease your credit score. Creditors will now your profile as a desperate consumer looking to obtain credit.