Delete a hard inquiry?

takethat · ‎07-03-2012

I recently applied for a loan, which resulted in a hard pull on my CR. Immediately after I applied online I called them up on the phone. It was only after they had pulled my credit that they let me know they must call my employer. Nowhere on the application did it say there would be any contact with my employer. Needless to say, I did not opt to continue with the application and now I have a hard inquiry all for nothing. Does anyone know if I can/should dispute this with the CBs? Thanks

Starting Score: EQ 618
Current Score: EQ 653, TU 674, EX 633
Goal Score: 720

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Dishpro · ‎07-03-2012

Unfortunately, you must have given them permission to hard pull your credit. Chances are the is no chance. I wouLd dispute it or send them a GW type letter. Maybe they will help.

Starting Score:
585
Current Score: FICO TU 725 FICO EQ 735 EX 754
Goal Score: 850

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rckstrscott · ‎07-03-2012

@takethat wrote:
I recently applied for a loan, which resulted in a hard pull on my CR. Immediately after I applied online I called them up on the phone. It was only after they had pulled my credit that they let me know they must call my employer. Nowhere on the application did it say there would be any contact with my employer. Needless to say, I did not opt to continue with the application and now I have a hard inquiry all for nothing. Does anyone know if I can/should dispute this with the CBs? Thanks

First off its just an inq, and people overvalue inqs.

Secondly, do NOT dispute it. This will likely cause a fraud alert on your file. You applied for the loan, you will have to take the hit.

The GW is possible, but many times than not, THEY will report a fraud alert to the CRAs, even though they aren't supposed to.

It isn't worth the battle in my eyes.

-scott

Starting FICO Score: October 2010: TU 498 | EQ: 502
Current FICO Scores:: May 2022: TU: 784 | EQ: 770 | EX: 790

llecs · ‎07-03-2012

Ditto to the FA.

RobertEG · ‎07-04-2012

It's legit. Your initiation of a request for credit gave arise to their permissible purpose.

takethat · ‎07-04-2012

Ok thanks everyone. I guess I'll just have to suck it up! The good news is I have about 3 other inquiries from 2010 that are scheduled to fall off in Oct and Nov.

Starting Score: EQ 618
Current Score: EQ 653, TU 674, EX 633
Goal Score: 720

Take the FICO Fitness Challenge

llecs · ‎07-04-2012

OP, you can always try writing the creditor.

marty56 · ‎07-04-2012

@takethat wrote:
Ok thanks everyone. I guess I'll just have to suck it up! The good news is I have about 3 other inquiries from 2010 that are scheduled to fall off in Oct and Nov.

They only count for 1 year FICO score wise. They can remain on your CR for 2 years.

1/25/2021: FICO 850 EQ 848 TU 847 EX