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.
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 question then that could be hanging in your mind right now is how then can you remove or get rid of the inquiries. 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 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 to get the address of all the creditors who inquired on your report without your authorization.
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 during your scrutiny you notice other negative items on your credit report, and you think they need to be dealt with, the best thing is to hire an expert 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. When you are choosing the credit repair company to handle your report you need to ensure that you have a reputable company. 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. Make a wise decision.