Reply
Valued Contributor
Posts: 1,743
Registered: ‎07-13-2013
0

Inquiry Question

I was wondering if there is anything i can do, So i went into a bank to open up an account, but before doing so i asked two different people if it was a hard or soft inquiry. They both had told me it was going to be soft. Sure enough when i checked my report it was a hard pull, i asked them if they could try and get the hard pull removed and they said they couldn't. So is there anything i can do? Yes i do understand that it will fall off after 2 years, but the problem of that is i was planning on buying a car before that 2 year period.

Super Contributor
Posts: 9,674
Registered: ‎01-28-2010
0

Re: Inquiry Question


Skye12329 wrote:

I was wondering if there is anything i can do, So i went into a bank to open up an account, but before doing so i asked two different people if it was a hard or soft inquiry. They both had told me it was going to be soft. Sure enough when i checked my report it was a hard pull, i asked them if they could try and get the hard pull removed and they said they couldn't. So is there anything i can do? Yes i do understand that it will fall off after 2 years, but the problem of that is i was planning on buying a car before that 2 year period.


The inquiry will only affect your FICO score for one year, and the impact is usually minimal.    They had permissable purpose to pull your credit, so there's really no way to dispute.

March2010 FICO® ~ 695 TU, 653 EQ, 697 EX
Valued Contributor
Posts: 8,500
Registered: ‎10-21-2012
0

Re: Inquiry Question


pizzadude wrote:

Skye12329 wrote:

I was wondering if there is anything i can do, So i went into a bank to open up an account, but before doing so i asked two different people if it was a hard or soft inquiry. They both had told me it was going to be soft. Sure enough when i checked my report it was a hard pull, i asked them if they could try and get the hard pull removed and they said they couldn't. So is there anything i can do? Yes i do understand that it will fall off after 2 years, but the problem of that is i was planning on buying a car before that 2 year period.


The inquiry will only affect your FICO score for one year, and the impact is usually minimal.    They had permissable purpose to pull your credit, so there's really no way to dispute.


+1

 

OP - it's unfortunate that they may not have been clear/aware on the end-result; however, when dealing with any type of financial transaction just assume it will be HP.

Valued Contributor
Posts: 4,811
Registered: ‎06-05-2013
0

Re: Inquiry Question

+1 - Always assume HP.  You can't dispute it if you authorized them to check your credit.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.