topic Re: inquiries question in General Credit Topics

inquiries question

rmc0522 — Thu, 20 Dec 2007 01:07:39 GMT

I have a loan from American General that I took out in Feb. '06. I've gotten behind a couple payments a few times this year, but I'm back on track now. I was looking at my CR today and saw two inquiries from them this year. Why would they be doing an inquiry when I already have a loan? Can I dispute this? Thanks!

Re: inquiries question

marty56 — Thu, 20 Dec 2007 01:14:25 GMT

The inquiries are way better then reporting the account 30days late. leave it be for now unless they start reporting you as late. The inquires will go away in a year or so but lates can last for 7 years.

Re: inquiries question

Anonymous — Thu, 20 Dec 2007 01:17:47 GMT

I have had that happen. Creditors can pull your report when late, or I think whenever they want after you sign a contract. But, I called EQ on these. EQ stated they are soft pulls and do not affect your score. But, I agree, if they are not reporting late, the worst at about 3 points a pull is much better than a couple 30 day lates! Good luck.

Jameson