I leased a new BMW 3 mo ago and was approved for top tier financing, no issue.
Upon checking my credit reports, I foound the following:
3 Hard Inquiry from CREDCO TU/EX/EQ
1 Hard Inquiry from BMW Fincancial
I went to one dealer, not many, and had my credit ran 1x, so why would I have 4 inquiries, 2 on EX, instead of 3?
Can I have one removed? Either 1 BMWF or 1 CREDCO?
If so, how would I go about it?
Are you sure Credco was for the car? I haven't seen it used in the auto industry, but they are certainly around in the mortgage industry.
If I had that, I would let it go. I'd let it go because FICO is ignoring the extra inquiry. If you wanted to pursue it, then I'd call BMW and start there.
Yes, the Credco and BMW inquiry are on the same day.
All 4 inq were from BMW (3 Credco, 1 BMWF).
It is definitely an auto-related HP. My DH bought a new car last summer and was hit with 2 HP - one from Chase (who financed the loan) and one from CREDCO.