Removing Credit Inquiries In An Effective And Efficient Way – Know It All Here
Since we want you to be aware of credit inquiries and the cons about this particular thing, we will be providing you below remove inquiries fast video that will educate you on how to do things right and legal. 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. On the other hand, as for hard inquiries, these are inquiries that may be conducted by a person who have acceptable reason on reviewing your credit history like a prospective lender as you are applying for a credit, a loan or probably, a financial assistance.
Yet, please be careful and cautious about those lenders who would still want to view your credit report even if you have not consented them to do so and even if they do not have any valid reason at all. And since we want you to keep your credit score as protected as it can be from lenders who will abuse it, here are some fast credit inquiry removal schemes that you can do.
What you should do first is to send them a letter that contains a request for them to show you proofs that you granted them access of 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.
Check out inquiries removal video online to know more about this.