Credit: 10 Mistakes that Most People Make

Ways of Removing Inquiries from Your Credit Report

At the bottom of your credit report, you will notice that there is a section called credit inquiries. They are inquiries made by companies that that may have requested your credit report when they want to judge your creditworthiness to enable them to determine whether they will give a credit card or loan or they will decline your request. Calculation of your credit score, the length of time between inquiries is usually considered.

When there are too many inquiries on your credit report, the creditor may have an impression that you need money so badly and that may be an indication that you are in financial crisis. The the main question then remains how you can remove the inquiries from your report so that you can increase your credit score. It is possible for someone to make an inquiry of your credit report without your knowledge, so you need to start by requesting a copy of your credit report. That will enable you to review all the items listing in the credit inquiries location. You will be in a position to look at all the items that are appearing on the credit inquiries segment.

You will need to look at the items one by one, and there are any of the inquiries that you have not authorized, you need to dispute it. You should make sure you have pinpointed those items to be removed from your report. You have two options that you can use to do that. The first option is to make sure you do it yourself. You need the address of all the creditors who have made their inquiries with your express authority.

The other thing you need to do is to send a letter to those creditors through the mail and keep in your record a copy of what you have sent them. In that letter, you should state that you did not authorize the inquiry and you want it removed immediately. If you realize there are other items on your credit report that need to be removed; you may require the expertise of a credit repair company.

When you have a credit repair company handling your report, you will not have to keep calling the creditors to have the inquiries removed. It is very vital to make sure that you choose a reliable company to help you in repairing your credit score report. Your credit score report is as important as your health.

In the same manner that you can not let inexperienced people handle your health, in the same manner, you cannot let those who are inexperienced to repair your credit score report. That means when you are choosing the expert, you have to be sure of the training, experience, and reputation. You, therefore, have to choose wisely.

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