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. Yet, we will not proceed immediately on tackling about removing credit inquiries as we see the need for you to first know and understand what credit inquiries are and several things that surrounds it.
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. We want you to know as well that when it comes to credit inquiries, there are two primary types of it and these are the soft inquiries which are said to not hurt the credit score of an individual, and the hard inquiries which are known for hurting the credit score of an entity.
To give you a much better understanding about what soft inquiries really are, they pertained to credit inquiries that are requested by authorize sources who want to have a copy of your credit report or perhaps, through a court order. 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. 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.
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. Once they cannot give you the proof you asked them for, you must ask them to send a letter stating the their inquiry was made erroneously and if they cannot do this, you may sue them for violating the FCRA.
For those of you who are looking for more information regarding this matter, view video.