Removing Credit Inquiries In An Effective And Efficient Way – Know It All Here
It is important for you to know by now that there are credit inquiries that should not be done, especially for unauthorized persons that is why we present to you this article containing all the things that you have to know regarding how to remove inquires fast. 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.
Talking about credit inquiry, you should know that this is a kind of record that every entities have for themselves as this is where their actions are being recorded such as when they view your credit report and when the viewing was done as well. It is the job of the credit reporting companies to monitor the inquiries made by various entities on particular credit reports and according to the mandate released by the federal government, they are asked to keep a precise and detailed record of every inquiries they monitored 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).
As what we have mentioned above, soft inquiries are the kind of inquiries that do not hurt the credit score of a person which means that these are those inquiries that are request through court order or from an authorize source who wants to have a copy of your credit report. 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.
But then again, we want you to be aware of the fact that there are lenders out there who will seek to review your credit report even without a valid reason at all and without you giving them the access to do so. 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.
With regards to this matter, the first thing to do is to send a letter of request to the lender, asking them to show proofs that you have agreed on them viewing 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.
Check out inquiries removal video online to know more about this.