06-28-2013 06:48 PM
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?
06-28-2013 08:03 PM
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.
06-29-2013 08:06 PM
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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