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Useful Tips That Will Greatly Help You When Removing Your Credit Inquiries Successfully

You have to be aware of credit inquiries as there are instances when such an act must not be done, particularly those who are not given the access to do so hence, what we will do in this article is that we will list downs some ways on how to remove inquires fast. But before we proceed on that part, we will first discuss with you some basic things about credit inquiries that you have to know and understand.

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. 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. 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.

In other words, when we say soft inquiries, we are actually referring to credit inquiries that are released through a court order or probably, from a request coming from an authorized sources who wants to grab hold a copy of the credit report that you have. 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.

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. 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.

If you want to know more how you can remove inquiries, check out this video.