Credco Hard Pulled 10 Times!

[webhopper]

I respectfully disagree with scuba. My mortgage process was a nightmare... my reports were pulled about 15 times.... for each bureau. That's a total of 45 inqs.

I had to shop my loan to 5 different lenders before I found one that could manually underwrite it; considering that I already had a home that was being rented out; I had to be qualified for BOTH mortgages.

After it was over (closed January) I was able to add amex zync; chase amazon (denied for Inqs but approved on recon); and nfcu cash rewards visa.


I think you must in this case apply for credit with ones you either already have a good relationship with (ive been with chase since 2000 and have used them for 3 autos and used to carry a toy limit freedom) or you have to apply with cc issuers who don't care about your inqs... see amex and nfcu

[sr383]

I guess I got lucky. PenFed hit me once on a single report, and Credco (whom they must have contracted with) hit me once each on the other two reports.

I ended up going with Aurora Financial, instead of PenFed (at least, that's how I think it will work out), but I thought it was silly that Aurora asked for a letter of explanation regarding the above inquiries. Hello? Rate shopping?

[RJA]

I'm dealing with this issue right now.  Credco has pulled my report on 4 separate occasions - creating 12 inquiries.  I'm not even done with my loan process.  So who knows how many more inquiries I will be hit with.

I do know that the first was for my application.  What I think the next two were when they were verifying (through rapid rescore) that the dispute comments had been removed from my credit reports.  The final one my LO requested to pull again.  I had informed the LO that Credco had pulled two additional times and she stated they were softpulls.  Not true - my credit report tells the truth there.

So I don't know if this is something that can be removed legitimately or not.  At this time I'm not to worried about the inquiries - just want to get through the loan process.