No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
jamaraz1 wrote:Last year I applied for a lot of new stupid credit. We were looking for a new tv and thought we needed to apply for a store card for no interest. We never ended up using the cards. Is there anyway to get rid of the inquiries?yep, wait 12 months. since you actually applied you can't legaly dispute these.How long do they stay on my credit report?2 yearsHow long till they stop hurting my fico score?12 months, then the score effect is negated. no incrimental point gain, 12 months then bam points re-gained.Please let me know. Thanks.
The only way to require deletion of an inquiry is to show that they did not have permissble purpose under any provsion of FCRA 604.
Otherwise, the inquiry was legit, and can be posted in your CR for review by others. That is what a hard inquiry is;
While one poster reported sucess in arguing with a CRA that their lack of PP letter was not responded to, I would not bank on that as standard CRA procedural basis for them to delete.
The CRA must have received a statement of permissible purpose from the inquiree, else the CRA would not have been permitted under the FCRA to provide the requested credit report
Once having provided the report, the cat is out of the proverbial bag, as their is no way to undue the fact of having provided the report.
Thus, the CRAs traditionally rely on the self-certified statement of permissible purpose, and dont challenge its veracity To dellete based on an assertion of lack of permissible pupose essentially holds the inquiree's statement was improper.
Thing
@RobertEG wrote:The only way to require deletion of an inquiry is to show that they did not have permissble purpose under any provsion of FCRA 604.
Otherwise, the inquiry was legit, and can be posted in your CR for review by others. That is what a hard inquiry is;
While one poster reported sucess in arguing with a CRA that their lack of PP letter was not responded to, I would not bank on that as standard CRA procedural basis for them to delete.
The CRA must have received a statement of permissible purpose from the inquiree, else the CRA would not have been permitted under the FCRA to provide the requested credit report
Once having provided the report, the cat is out of the proverbial bag, as their is no way to undue the fact of having provided the report.
Thus, the CRAs traditionally rely on the self-certified statement of permissible purpose, and dont challenge its veracity To dellete based on an assertion of lack of permissible pupose essentially holds the inquiree's statement was improper.
Thing is when I was applying for my auto loan Honda Finance & the dealership pulled my report like 5xs (all hard). I took a hard hit on points. So I am wondering how to rectifiy this situati