topic Re: Does Hard inq by insurance, cell/home in Credit Cards

Does Hard inq by insurance, cell/home

Anonymous — Thu, 05 Aug 2010 16:08:12 GMT

Does Hard inq by insurance, cell/home phone and other utilities companies affect your FICO or matters in the CCC's approval process?

Re: Does Hard inq by insurance, cell/home

Anonymous — Thu, 05 Aug 2010 16:11:01 GMT

An automated program probably wouldn't tell the difference in the type of hard INQ, but if you get denied, you should call and ask for recon. A actual person looking over your credit report should be able to tell the difference.

Re: Does Hard inq by insurance, cell/home

Anonymous — Thu, 05 Aug 2010 16:20:28 GMT

Verizon inquiry stayed on EX for 2 yrs.

Insurance has it's own credit system. I've never

had hard from them. But during BK I paid dearly

for car insurance.

Re: Does Hard inq by insurance, cell/home

Anonymous — Thu, 05 Aug 2010 16:32:35 GMT

I was shopping around for car insurance and noticed a soft pull from state farm on my EX report. I also had Verizon for my home phone, switched from them to a company called Full Service Network and both showed a hard pull. I know the cell companies hard pull as well. So now that I'm a FICO watcher, I have to worry about lowering my score when I'm after better deals?

Re: Does Hard inq by insurance, cell/home

Anonymous — Thu, 05 Aug 2010 16:37:47 GMT

It's my opinion that utilities could pull soft

since they do nothing to improve your credit.

Re: Does Hard inq by insurance, cell/home

fused — Thu, 05 Aug 2010 18:43:43 GMT

@Anonymous wrote:

It's my opinion that utilities could pull soft

since they do nothing to improve your credit.

I tend to agree!

Re: Does Hard inq by insurance, cell/home

ngerasimatos — Thu, 05 Aug 2010 19:24:57 GMT

I have seen most util companies complete hard pulls. However, I have disputed this with the bureau each time as they never advised me it would be a hard pull and each time it was removed.

Re: Does Hard inq by insurance, cell/home

Anonymous — Thu, 05 Aug 2010 19:45:47 GMT

@ngerasimatos wrote:
I have seen most util companies complete hard pulls. However, I have disputed this with the bureau each time as they never advised me it would be a hard pull and each time it was removed.

Aaahhhh, very good point! They don't really spell that out for you; you just assume they're going to do this. Thanks

Re: Does Hard inq by insurance, cell/home

Anonymous — Thu, 05 Aug 2010 19:52:32 GMT

So ultimately it can lower your score even though you're not looking for a new line of credit.

Re: Does Hard inq by insurance, cell/home

haulingthescoreup — Thu, 05 Aug 2010 21:51:38 GMT

@Anonymous wrote:
So ultimately it can lower your score even though you're not looking for a new line of credit.

Because a hard inquiry, whether we feel it was justified or not, is scored the same as if you were applying for a CC, etc. And future lenders may turn you down for "too many inquiries", when some or many (or all) are these garbage hards.

Re: Does Hard inq by insurance, cell/home

ngerasimatos — Fri, 06 Aug 2010 02:54:44 GMT

My most recent INQ came from looking at cell phones, I went to a Sprint store and while browsing, a CSR and I engaged in conversation. I told her I may be considering new phones and changing to Sprint and filled out an application for service but did not sign it. My significant other wanted to get lunch and discuss changing service providers so I asked her the CSR to hold the paperwork and we would be back in a few minutes. Critical error number one.

After lunch, we went back to the store and reviewed the phones and pricing and in the end elected to not get service. Much to my chagrin, while in the store I got an email alert about a new INQ and sure enough, it was Sprint.

I asked the CSR why she ran my credit without me signing the paperwork, and she looked befuddled and had no real answer. To say I was livid is quite an understatement. I took the paperwork from her, and stormed out of the store after getting the store managers contact info.

The store manager also was of no use, he said he was sorry, but could not offer any resolution in getting the INQ removed since it was done at the Corp level.

After sending a letter to the regional office threatening a lawsuit, I got a very apologetic letter advising me the INQ would be removed as I never agreed to them running my credit. So, in hindsight, never trust anyone. Period.

Re: Does Hard inq by insurance, cell/home

Anonymous — Fri, 06 Aug 2010 16:57:22 GMT

said on this forum before that I don't think

the counter people know what an inquiry is.

Verizon person told me it would a soft but it a

hard on EX for 2 years,

Re: Does Hard inq by insurance, cell/home

Anonymous — Sat, 07 Aug 2010 03:40:23 GMT

INQUIRY FROM ATT IS ON MY REPORT. THE WIERD THING IS THEY DID 2 HARDPULLS FROM EXPERIAN FOR A FAMILY PLAN (2 LINES)

Re: Does Hard inq by insurance, cell/home

Creditaddict — Sat, 07 Aug 2010 03:43:25 GMT

If I want a paper Statement for my $28.99 Home Delivery Bottle Water Service, they say they will have to do a hard pull!!!

Re: Does Hard inq by insurance, cell/home

ngerasimatos — Sat, 07 Aug 2010 22:56:01 GMT

Why a hard pull for a paper statement. I would ask for that in writing. I think the states AG office would like to see that.

Re: Does Hard inq by insurance, cell/home

Creditaddict — Sun, 08 Aug 2010 01:21:08 GMT

sorry I meant to be billed by paper statement vs automated payments via credit card on file.

Re: Does Hard inq by insurance, cell/home

Anonymous — Sun, 08 Aug 2010 03:37:28 GMT

I just had a HP done on my Equifax for opening a wireless account, and was told it would be a soft pull.

I complained to the carrier, and was told after going up the chain, that they would remove it.

I would not allow them to complete my order unless they complied with my request.

After about 5 days it is gone, so now I'm going to complete my service request.

Re: Does Hard inq by insurance, cell/home

fused — Sun, 08 Aug 2010 04:03:14 GMT

@Anonymous wrote:

I just had a HP done on my Equifax for opening a wireless account, and was told it would be a soft pull.

I complained to the carrier, and was told after going up the chain, that they would remove it.

I would not allow them to complete my order unless they complied with my request.

After about 5 days it is gone, so now I'm going to complete my service request.

Good for you! Americans standing up for themselves is cool! Rock on!!!!!!!

Re: Does Hard inq by insurance, cell/home

Anonymous — Sun, 08 Aug 2010 04:12:32 GMT

Thanks... I approached them simply based on the principle of what I was told, and expected them to hold themselves accountable accordingly.

@fused wrote:

@Anonymous wrote:
I just had a HP done on my Equifax for opening a wireless account, and was told it would be a soft pull.

I complained to the carrier, and was told after going up the chain, that they would remove it.

I would not allow them to complete my order unless they complied with my request.

After about 5 days it is gone, so now I'm going to complete my service request.

Good for you! Americans standing up for themselves is cool! Rock on!!!!!!!