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Posts: 6
Registered: ‎02-28-2013
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Removing Hard Inquiries From CR

I applied for a car loan about 7-8 months ago and I just checked my credit report.  They made 6 hard inquiries to get the loan approved.  Is there any way to get this reduced to 1?  Also, there is a mistake inquiry which I need removed too ... Any advice on routes to take?

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Posts: 2,669
Registered: ‎04-25-2011
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Re: Removing Hard Inquiries From CR


mitche50 wrote:

I applied for a car loan about 7-8 months ago and I just checked my credit report.  They made 6 hard inquiries to get the loan approved.  Is there any way to get this reduced to 1?  Also, there is a mistake inquiry which I need removed too ... Any advice on routes to take?


All INQS for things like auto loan are only factored as one INQ if it happened in the same time period. So it is only showing as one in the FICO model anyway.

 

And there is no way real effective way to remove them. You authorized it, they will be there for the full 2 years.

 

Plus, trying to remove INQS, for the minimal damage they cause, is more pain than it is worth.  Trying to remove INQs almost always causes a fraud alert, which you will have to call and remove each time. Trust me, been there, done that haha..

 

-scott

 

 

Starting FICO Score: 10/10: TU 498 | EQ: 502 Current FICO Score(lender pull): 09/14: TU: 784 | EQ: 752 | EX: 784
Collections Removed: Hunter Warfield, CBE Group, Merchants Credit Guide, EOS-CCA, Enhanced Recovery, Portfolio Recovery, UCB, American Collection Company, Medical Business Bureau, Jefferson Capital, Credit Portfolio Associates, FCO, LVNV, Convergent, Armor Systems
Other Negative Entries Removed:Plains Commerce CO, HSBC CO, 2008 Judgment Santander Reposession


Positive Accounts:10/10: 0 | 07/12: 6 | Mortgage Closed 5/12, Macy's AMEX $13900, Citi/Home Depot $8500, Capital One Cash Rewards $3500, BOA $7500 Total Utilization: 3%. AAoA: 2yr, 9mth. INQS: 1 TU, 1 EQ, 3 EX
New Contributor
Posts: 50
Registered: ‎01-01-2013
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Re: Removing Hard Inquiries From CR

Let me second the fraud alert comment on INQ disputes.  Got the fraud alert removed from TU and EQ but EX....effin jerks!!


Starting Score: EQ 553 - TU 569 8-24-12
1-4-13 Scores: EQ 645 - TU 675
3-25-13 Lender pull EQ 646 - TU 687 - EX 647
Goal Score: 700 Across the board before 6-13


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