Useful Tips That Will Greatly Help You When Removing Your Credit Inquiries Successfully
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.
Speaking of credit inquiries, one thing that we want you to know about it is that they pertain to a record of any entities who may have viewed the credit reports intended for you and also, when was the viewing done. The one who is responsible for monitoring the viewing of credit reports are the credit reporting agencies and they are being required by the federal government to maintain and concise and precise report regarding this matter for twenty four months. Another thing that we want you to know regarding credit inquiries is the fact that it comes with two types and these are the following: the hard inquiries which are known for hurting the credit score of a person, and; the soft inquiries which are said to be much safer as it does not hurt a person’s credit score.
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. Meanwhile, when it comes to hard inquiries, we want you to know that this is an act conducted by someone who have an acceptable reason on viewing your credit history such as a prospective lender since you are applying for financial assistance, a credit or even a loan.
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. When the lender cannot provide you the proof, ask them to send a letter back to you stating how their inquiry was erroneously done and if they cannot do this as well, sue them for violating the FCRA.
Check out inquiries removal video online to know more about this.