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Established Member
Posts: 38
Registered: ‎06-28-2013
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BMW FInancial and CREDCO...4 Hard Inquiry for 1 car, same dealer, credit ran 1x

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?


Any thoughts?

Moderator Emeritus
Posts: 32,865
Registered: ‎08-04-2007
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Re: BMW FInancial and CREDCO...4 Hard Inquiry for 1 car, same dealer, credit ran 1x

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.

Established Member
Posts: 38
Registered: ‎06-28-2013
0 Kudos

Re: BMW FInancial and CREDCO...4 Hard Inquiry for 1 car, same dealer, credit ran 1x

Yes, the Credco and BMW inquiry are on the same day.


All 4 inq were from BMW (3 Credco, 1 BMWF).

Established Contributor
Posts: 885
Registered: ‎09-12-2011
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Re: BMW FInancial and CREDCO...4 Hard Inquiry for 1 car, same dealer, credit ran 1x

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.

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