topic Re: Do SOFT Pulls reflect negatively at all on credit? in Credit Cards

Do SOFT Pulls reflect negatively at all on credit?

MountainHiker — Sun, 12 Aug 2012 01:15:54 GMT

I'm a member of CreditCheckTotal(owned by Experian) and thanks to that service I have monitored and nurtured my credit back to better health.However, I do check my credit once per day almost nearly every week.This means a soft pull against my credit.I do this to see what negative files(delinquints,Collections) have fallen off and to protect my self in case of fraud, as well as to guage my process.

Does these soft pulls harm my ability to get future credit?

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Sun, 12 Aug 2012 01:20:00 GMT

No, not at all. I don't even think lenders can see soft pulls.

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Sun, 12 Aug 2012 01:24:55 GMT

I tried to get a new account for ATT and it said I needed a deposit because of thin file. Is that a soft or hard inq? I did one for VZW and SPRINT too...

Re: Do SOFT Pulls reflect negatively at all on credit?

tboy1977 — Sun, 12 Aug 2012 01:25:13 GMT

No, only you and the bureaus see the soft pull. FICO doesn't "see" it either.

Re: Do SOFT Pulls reflect negatively at all on credit?

pizzadude — Sun, 12 Aug 2012 01:25:57 GMT

@Anonymous wrote:
No, not at all. I don't even think lenders can see soft pulls.

+1. This is the soft pull verbiage directly from my EQ report:

Inquiries that do not impact your credit rating

These inquires include requests from employers, companies making promotional offers and your own requests to check your credit.

These inquiries are only viewable by you.

Re: Do SOFT Pulls reflect negatively at all on credit?

pizzadude — Sun, 12 Aug 2012 01:26:55 GMT

@Anonymous wrote:
I tried to get a new account for ATT and it said I needed a deposit because of thin file. Is that a soft or hard inq? I did one for VZW and SPRINT too...

You'll have to check your reports to know for certain but most phone providers are known to do a hard pull.

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Sun, 12 Aug 2012 01:28:41 GMT

From what i know, It is a HP. You can delete it though if you dont have service with them.

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Sun, 12 Aug 2012 01:36:13 GMT

I already used my 1 credit report for the year.

How do I go on about deleting it?

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Sun, 12 Aug 2012 01:53:03 GMT

Im on android, otherwise i'd give you the direct link
Go get your credit reports as if someone had denied you credit. when asked for the company name just input att/verizon. Its free.
see who pulled your report and:

1) make an online dispute with the cra.

2) file a complaint with the BBB against them because they had HP'd you without your consent/knowledge.
Be sure to include the business names and adresses as they appear on your report.

3) send a letter directly to the company acussing them of such dishonest behavior.

...

I did those steps with comcast and:

1) the cra sent me an online resolution of the dispute(i needed to contact comcast directly)

2) the BBB told me they had contacted comcast regarding my complaint and to please allow them 60 days i think to solve the matter

3) 2 weeks later comcast sent me a letter apologizing for the misunderstanding and how maybe i was not aware a check on my credit report was needed. They had contacted the cra to delete the inquiry off my report and make it a SP instead to resolve the issue and to please allow the cra to update the information.

The comcast inquiry on 12/01/2011 was gone is less than a month. Stayed as a SP though

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Sun, 12 Aug 2012 02:38:12 GMT

Do I let ATT and Verizon know I filed a BBB complaint or just send the letter?

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Sun, 12 Aug 2012 02:59:30 GMT

If I specify that the inquiry is one bureau will it also be removed for the others?

i.e. I have access to Experian report but not TU or EQ...

I specified the inq on Exp only. But can I have it removed for the rest of them to?

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Sun, 12 Aug 2012 04:37:54 GMT

On Experian it only lets me dispute accounts and personal information? An inquiry is not available to dispute? Help>??

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Sun, 12 Aug 2012 05:12:40 GMT

-You don´t need to dispute the inquiries with the CRA, they will tell you they have verified the information and there´s nothing they can do.

You have to contact the telephone companies directly. You can let them know in your letter that you have contacted the BBB if you want, I didn´t.

The most important part is sending the letters to the companies and specially filing an online claim with the BBB, they have taken care of me in more than one occasion.

-When you receive letters from the telephone companies addressing the issue here and willing to remove the inquiries, if you are unable to dispute the info online, you can verify that the CRA know of the changes by sending the CRA another letter on your own explaining the situation and its resolution (attaching the letter the telephone companies sent you in response)

I am now in my PC and here are the links to access your reports. You are doing this because you were denied credit by ATT / Verizon / ETC.

Experian

TransUnion

Equifax is down ATM.

Edit:

More info and the sample letter I used can be found here.

Edit 2:

You have to specify which company pulled which report in your letter. I have seen they only pull 1 CR out of the 3 but it may vary. You need to see your 3 reports and it´s free with the links above. You just may need the Equifax link tomorrow when it´s available.

In your CR, you will find all the info you need to send the letters to them (name of company, address, even phone number).

They may not want to delete the inquiry but they are required to verify the info is correct. This is where the BBB comes in handy. They will act on your behalf to protect you as a customer and request a response from them.

Hope it helps and good luck.

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Sun, 12 Aug 2012 05:21:54 GMT

Interesting! I ran across the same sample letter and have edited the details to fit my own situation. Thank you so much for your assistance it looks like the inquiry was on TU and EXP. I am positive it is also in EQU.

I have filed BBB complaint. Since ATT inq'd me twice do I have to file 2 complaints? The guy at the cell store said it was a soft inquiry. So it is a legitimate claim otherwise.

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Sun, 12 Aug 2012 21:51:21 GMT

Verizon keeps emailing this..

Good afternoon ********

I can definitely understand your concerns regarding the inquiry on your credit report! My name is *** and I will be happy to review this for you today.

If there is a credit inquiry on your report that you did not authorize, you will need to file a dispute with Experian directly. Verizon Wireless does not have direct access to your credit report to remove this inquiry.

I apologize for any inconvenience this may have caused you, Neftali!

If you have any further questions, please feel free to respond to this email.

Thank you for your time and I hope you have a great day!

Sincerely,

**********

I contacted their credit review department and head executives.. they forwarded me to customer service.

Re: Do SOFT Pulls reflect negatively at all on credit?

Anonymous — Mon, 13 Aug 2012 15:50:04 GMT

This is the Equifax link.

- If they are not helping, just file the complaint through the BBB then and maybe send Experian a letter explaining the situation and the email you got from Verizon attached to it.

I just checked and they sent me a response through the BBB exactly a month after my complaint was made. You have the option to accept or reject the business response. If you get the same BS there, reject the business response and see what the BBB can do for you (I have not gotten that far).

- If everything goes as planned, make sure the inquiry is gone before accepting the response.

I check my credit reports every month with the links above always choosing being denied credit as the reason, clockwork mode.

Good luck and I hope your inquiries get deleted. If it worked for me, it´s worth a try