topic Re: Can splitting a credit file happen very easily? in General Credit Topics

Can splitting a credit file happen very easily?

EW800 — Wed, 07 Jan 2015 15:59:06 GMT

Hi All,

I am just wondering how big of a concern splitting a credit file truly is with a lot of SP's? Through my rebuilding, I have pulled my files quite a bit, to the tune of 3 to 4 times a week, some weeks a bit more, through MPM and/or Amex Credit Secure. I am just wondering if splitting a credit file is a real concern, or if it takes doing this every day for a couple of years to cause a split.

Your thoughts and experiences?

Thanks!

Re: Can splitting a credit file happen very easily?

pizza1 — Wed, 07 Jan 2015 18:35:07 GMT

I'd like to know this as well, I will follow this thread. Hopefully one if the longtimers or mods can pipe in here.

Re: Can splitting a credit file happen very easily?

Anonymous — Wed, 07 Jan 2015 20:16:56 GMT

@EW800 wrote:
Hi All,

I am just wondering how big of a concern splitting a credit file truly is with a lot of SP's? Through my rebuilding, I have pulled my files quite a bit, to the tune of 3 to 4 times a week, some weeks a bit more, through MPM and/or Amex Credit Secure. I am just wondering if splitting a credit file is a real concern, or if it takes doing this every day for a couple of years to cause a split.

Your thoughts and experiences?

Thanks!

You definitely run the risk of having a file split by repeated soft pulls. From what I understand it's most likely to happen with Equifax more so than with the other two. A split file can certainly be a short term pain in the butt it can be remedied by contacting that particular agency and having them merge your reports back into one. I'm not sure there is an exact answer of how many times it takes before it will occur because your complete credit file, not just inquiries are factored in before the split. The split will occur if your credit file becomes too large and adding a ton of SPs along with lots of accounts, addresses, etc can accelerate the process. It helps to rid your report of any errors like incorrect names or addresses even if they appear to be insignificant. Hope this helps.

Re: Can splitting a credit file happen very easily?

juggalo9er — Fri, 09 Jan 2015 06:07:01 GMT

@Anonymous wrote:
@EW800 wrote:
Hi All,

I am just wondering how big of a concern splitting a credit file truly is with a lot of SP's? Through my rebuilding, I have pulled my files quite a bit, to the tune of 3 to 4 times a week, some weeks a bit more, through MPM and/or Amex Credit Secure. I am just wondering if splitting a credit file is a real concern, or if it takes doing this every day for a couple of years to cause a split.

Your thoughts and experiences?

Thanks!

You definitely run the risk of having a file split by repeated soft pulls. From what I understand it's most likely to happen with Equifax more so than with the other two. A split file can certainly be a short term pain in the butt it can be remedied by contacting that particular agency and having them merge your reports back into one. I'm not sure there is an exact answer of how many times it takes before it will occur because your complete credit file, not just inquiries are factored in before the split. The split will occur if your credit file becomes too large and adding a ton of SPs along with lots of accounts, addresses, etc can accelerate the process. It helps to rid your report of any errors like incorrect names or addresses even if they appear to be insignificant. Hope this helps.

i know that "magical" things happen when you get 56 soft inquiries on transunion in 2 months

Re: Can splitting a credit file happen very easily?

EW800 — Fri, 09 Jan 2015 11:17:10 GMT

Please define *magical*!

Re: Can splitting a credit file happen very easily?

Kirmie2010 — Sat, 10 Jan 2015 17:35:26 GMT

That tactic is not allowed to be discussed-MarineVietVet, myFICO moderator.

-Oops, Sorry.

Re: Can splitting a credit file happen very easily?

EW800 — Sat, 10 Jan 2015 14:05:16 GMT

Just wondering if anyone else has experience with credit files splitting. With pulling scores 3-4 times a week, I am just wondering if I could be at risk of a problem?

Re: Can splitting a credit file happen very easily?

gdale6 — Sun, 11 Jan 2015 02:36:37 GMT

@EW800 wrote:
Just wondering if anyone else has experience with credit files splitting. With pulling scores 3-4 times a week, I am just wondering if I could be at risk of a problem?

This most likely will not have an impact.

Re: Can splitting a credit file happen very easily?

EW800 — Sun, 11 Jan 2015 03:24:08 GMT

Excellent. Thanks gdale!

Re: Can splitting a credit file happen very easily?

jsully87 — Mon, 12 Jan 2015 19:01:02 GMT

It happened to me -- but I was CONSTANTLY trying SCT and doing multiple file pulls thru many different monitoring sites.

Happened on EQ -- everything gone -- 9 years worth. Even my recently reported current/open stuff is not sticking.

It took me 30 minutes on the phone with Equifax, just to be transfered, and then hung up on after I finally got a human and got past the automated system. Happened around Dec 18th and still no change.

Idk - I am just going with it as of right now.