topic Maybe a dumb question but... in General Credit Topics

Maybe a dumb question but...

JLL2104 — Sun, 19 May 2019 01:29:10 GMT

There are companies that claim to remove hard inquiries. Are they legit?

Re: Maybe a dumb question but...

Andypanda — Sun, 19 May 2019 01:34:53 GMT

If the hard inq. are legitimate, leave them.

Re: Maybe a dumb question but...

JLL2104 — Sun, 19 May 2019 01:36:16 GMT

Some weren’t expected but yeah, all my HP’s are legitimate. May I ask though, why leave them?

Re: Maybe a dumb question but...

Anonymous — Sun, 19 May 2019 01:38:18 GMT

Trying to dispute credit inquiries, which is what any company is going to do, can get you slapped with a fraud alert mess. I wouldn’t do it. Inquiries fall off after two years and stop affecting your score after one year. Just let the time pass.

Re: Maybe a dumb question but...

JLL2104 — Sun, 19 May 2019 01:40:38 GMT

Gotcha! Thank you

Re: Maybe a dumb question but...

CreditInspired — Sun, 19 May 2019 11:41:21 GMT

Because if you made application and a HP was made, there is nothing to dispute.

Believe me when I say this, we all would be tripping over ourselves to get HPs removed if it was legit.

Yep, save your money and stay away from these scammers.

Re: Maybe a dumb question but...

CreditInspired — Sun, 19 May 2019 11:42:18 GMT

@Anonymous wrote:
Trying to dispute credit inquiries, which is what any company is going to do, can get you slapped with a fraud alert mess. I wouldn’t do it. Inquiries fall off after two years and stop affecting your score after one year. Just let the time pass.

+100

Re: Maybe a dumb question but...

Anonymous — Mon, 20 May 2019 07:44:55 GMT

JLL2104 It is in the rule book that "legally" you can only dispute legimate information. Otherwise, as was already mentioned you may acquire a legal situation (you don't want to go there). The credit bureaus seem to have a competency problem today. There is an old adage: "let the sleeping dog lie" ... good advice!

Re: Maybe a dumb question but...

dynamicvb — Mon, 20 May 2019 13:15:45 GMT

I personally do not understand the focus so many place on inquiries, yes they hurt a bit and can cause issues with some lenders, but in the large scheme of things the HP's are not what is killing your score. They are only a few points for each one and some are even lumped together so they only count as one. And then they don't count any after a year and are gone in two.

There are better things that you can spend time on to really help your score improve more than trying to get a couple of inquiries off the report. Just my humble opinion