Smart Ideas: Credit Revisited

Ways of Removing Inquiries from Your Credit Report

All credit reports have at the bottom of a section known as the credit inquiries. The inquiries are made various companies who may have wanted to know whether they can give you a loan or a credit card. You credit score calculation is also affected by among many other things, the length of time between inquiries.

Having too many inquiries on your credit report is a way of showing that you are desperately looking for money and that may discourage the creditor thinking that you are in financial problem. 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.

It is important to look and he items listed one by one and if you are not the one who has authorized everything you need to ensure you dispute it. You should make sure such items are removed from your report. You have two options that you can use to do that. One of the options is to handle the matter yourself. You need the address of all the creditors who have made their inquiries with your express authority.

Write to all the creditors that enquired making sure you keep a copy of what you send to them. The letter should state that you are not the one who authorized the inquiry and that you want it removed forthwith. 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.

The best thing about a credit repair company is that you will not have to keep calling the creditors so that they can remove the inquiries. You need to ensure you have a reputable company to handle your credit score report. Your credit score report can be compared with 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 that you have to think about training, experience, and reputation of the company you choose to handle your credit score report. You need to exercise caution when you are making your choice.

Credit: 10 Mistakes that Most People Make

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