How To Remove Inquiries From Credit Report 

How To Remove Inquiries From Credit Report

If you’re trying to build your credit, it’s important to pay attention to any changes in your credit score, even if they’re just mistakes. Incorrect hard inquiries on your credit report can hurt your credit, but taking them off can help you keep your credit in good shape. 

People ask why it is important to remove inquiries from our report and how to do it. We will show you How To Remove Inquiries From Credit Report.

Watch the below video on How To Remove Inquiries From Credit Report:

What Is a Hard inquiry? 

When someone you want to do business with, like a lender, checks your credit report, this is called a “hard inquiry.” The reason they do this is so they can figure out how risky you are as a borrower and how well you’ve been able to pay off your debts in the past. 

If you do a lot of hard inquiries, your credit score can be hurt by up to five points. They stay on your credit report for two years, but only have an effect on your score for a single one of them. 

It’s also possible that you’ve heard of “soft inquiries,” which have no effect on your credit score. When you check your credit or get preapproval offers in the mail from a lender or credit card company, you make a “soft inquiry.” This happens when you do this. 

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Because it’s important to get rid of hard questions that aren’t true. 

The only thing you can do if you see a hard credit inquiry on your credit report and you know it’s real is wait. A debt won’t affect your credit score for 12 months, and it won’t show up on your credit report for two years after that. 

You should, however, remove any hard credit inquiries you don’t know about because they can hurt your credit. This is because there are a lot of reasons why this is. As a first step, it means that you’re getting a bad grade for making that mistake, even if it only has a small effect. Second, it could be a sign of fraud, so it’s important to look into it more and get it taken down. 

Step by Step: How To Remove Inquiries From Credit Report

If you want to remove something from your credit report, it’s not as easy as checking your email. It’s also not as hard as it sounds, though! Here’s how you can get your credit score back on track. 

1. You can check your credit report for free. 

In the first place, you need to go to each of the three credit bureaus and get your credit report from them. Most of the time, the same information is on all three, but not always. That’s why it’s important to check all three. 

It’s usually free to get your credit report once a year on, but you have to pay for it. However, because of Covid-19, you can get free credit reports every week until April 20, 2022, so you can keep track of your credit. 

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2. Look for Any Hard Questions That Aren’t True. 

There will be a section on your credit report called “Hard Inquiries” when you get your report. You’ll want to look over the whole report to make sure it’s correct, but pay close attention to the section where you make an inquiry. If there are any hard questions here, make sure you know them. 

Sometimes the company that made the inquiry doesn’t match up with the one you did business with. This is important to know! If a store works with a bank to run its credit card program, this is very common. 

Because Comenity Bank, which manages the cards for both Victoria’s Secret and Sportsman’s Warehouse, asked for your credit, you might think you were applying for a credit card with these stores. So, you might need to do some Google searching to see if an inquiry is real before you answer it. 

3. Make a Dispute. 

Hard inquiries that aren’t correct could happen for two reasons. 

In the beginning, if you were looking for a new service, the provider might have looked at your credit report without you knowing it. Because if you’re looking at cell phone providers and you didn’t know they did a hard credit check without your permission, that could be a good reason to file one. 

So if you see an inquiry that you don’t recognize at all, it could be an honest mistake or it could be a sign that someone is trying to get money. It’s important to contact the company that is on the list to see if they can help you. If it’s a scam, you might want to set up a credit freeze or even a fraud alert.

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