Reply
New Contributor
jamaraz1
Posts: 56
Registered: ‎04-04-2008

Is there any way to get rid of credit inquiries?

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?  How long do they stay on my credit report?  How long till they stop hurting my fico score?  Please let me know.  Thanks.
Frequent Contributor
momof2
Posts: 476
Registered: ‎03-23-2008

Re: Is there any way to get rid of credit inquiries?

[ Edited ]
i know that inq stay on your report for 2 years, the older they get the less they hurt your score, you should try to GW the companies that pulled your CR and ask for the inq to be removed, ask pretty please with a cherry on top, type of GW, kiss their butt, thats how i got one of my gw's answered and got the result i wanted.
 
Edited.
 


Message Edited by cheddar on 04-04-2008 11:14 PM
FICO2/10=EQ= 564

FICO2/10=6012/10-FACO TU 578;3/10=643
Senior Contributor
imducky
Posts: 3,432
Registered: ‎08-27-2007

Re: Is there any way to get rid of credit inquiries?



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 years
 
How 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.



Moderator Emeritus
HappyDays
Posts: 7,326
Registered: ‎06-18-2007

Re: Is there any way to get rid of credit inquiries?

they stay on your CR for 2 years  BUT  they do not count after 1 year    and hurt less after 6 months.
 
Nope you can't get them removed legally
Senior Contributor
ilovepizza
Posts: 3,071
Registered: ‎05-17-2007

Re: Is there any way to get rid of credit inquiries?

score ignores after 12 months.
If we never set higher goals we would never get as far.
sol, credit 101, acr, abbreviations, calc
Frequent Contributor
Bzzzymom
Posts: 280
Registered: ‎03-14-2008

Re: Is there any way to get rid of credit inquiries?

I sent non PP letter to two companies that did hard pulls. Both came back unable to forward. So I sent this info to Experian and they deleted both inquiries.
Moderator Emeritus
HappyDays
Posts: 7,326
Registered: ‎06-18-2007

Re: Is there any way to get rid of credit inquiries?

good going Bzzz
New Contributor
BKFireFly
Posts: 105
Registered: ‎01-03-2013

Re: Is there any way to get rid of credit inquiries?

Hi. I know this thread is hold but I would like to know what does unable to forward mean? I have over 10 hard inquiries and they are killing my score. Would like to know what your letter said.

Thanks either way
***Nothing Beats a try but a Fail*** I refuse to fail, success is the only option.
Mega Contributor
RobertEG
Posts: 17,236
Registered: ‎03-19-2007

Re: Is there any way to get rid of credit inquiries?

[ Edited ]

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. 

New Contributor
BKFireFly
Posts: 105
Registered: ‎01-03-2013

Re: Is there any way to get rid of credit inquiries?

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

***Nothing Beats a try but a Fail*** I refuse to fail, success is the only option.

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+