topic Re: Hard Inquiry in Rebuilding Your Credit

Hard Inquiry

Anonymous — Fri, 16 Nov 2012 17:48:45 GMT

I got a hard inquiry after increasing my secured card limit. Is this normal?

Re: Hard Inquiry

bahbahd — Fri, 16 Nov 2012 18:03:10 GMT

Depends on who the secured card is through. Some secured card providers do a HP.

Re: Hard Inquiry

Shogun — Fri, 16 Nov 2012 18:04:00 GMT

Need more information. Did you get a HP from your secured card provider after you made the increase? To my knowledge, this is not of the norm.

Re: Hard Inquiry

Anonymous — Sat, 17 Nov 2012 04:28:28 GMT

The card is from bank of america, I got an alert today for the hard inquiry from yesterday. The same day I made the increase. called customer service and asked why. the rep said everytime we extend you credit, we have to hard pull your report. I told them you're not extending me credit, im increasing my own limit on a secured card.

Re: Hard Inquiry

bahbahd — Fri, 16 Nov 2012 22:48:11 GMT

BoA was the first one I thought of when you said a secured deposit required a hard pull.

Re: Hard Inquiry

Repo-ed — Sat, 17 Nov 2012 00:08:11 GMT

that's ridiculous...

Re: Hard Inquiry

sphinx313 — Sat, 17 Nov 2012 00:50:51 GMT

Remember not to get a BoA Secured card. Check.