How to Remove Credit Inquiries: A Step by Step Guide

A Dummies’ Guide to Credit Report Inquiries Removal
October 31, 2017

How to Remove Credit Inquiries: A Step by Step Guide

A credit inquiry is a note of creditors or potential creditors who may have viewed your credit report. Credit reporting agencies are required to keep a brief report of these inquiries for two years by the federal government. There are 2 kinds of credit inquiries: “soft inquiries,” those that don’t hurt your credit score, and “hard inquiries,” those that do.

How do credit inquiries accumulate?

Soft inquiries include credit inquiries through a court order or a personal request of a copy of your credit report from one of the authorized sources. These also include:

  1. Inquiries done when applying for a job, homeowner’s, auto, or renter’s insurance;

    How to Remove Credit Inquiries

    How to Remove Credit Inquiries

  2. Account management inquiries; and
  3. Request by local child support agencies.

Hard inquiries review

Hard inquiries are conducted by someone with permissible purpose to review your credit, such as a prospective lender, because you applied for credit, loan or financial assistance. Applying for professional or government license is also a form of hard inquiry.

However, there will be lenders who seek to review your credit report without permissible purpose and without your expressed and written consent. These unauthorized credit inquiries take a considerable number of points off your credit score so you must decide on a scheme on removing credit inquiries. Here’s how:

  1. Send the lender a letter requesting them to present proof that you granted them permission to review your credit report.
  2. If they cannot provide proof have them send you a letter stating that the inquiry was erroneously made.
  3. If the above-mentioned requirements are not provided, explain that they will be sued for violating the FCRA.

When to get help in removing erroneous credit inquiries

If the lender has not responded within 30 days seek counsel immediately. Have your lawyer send a more forceful letter and if that fails to elicit a response then take the action to court and sue them in a small claims court.

If, instead, you get a favorable response, make 3 copies of the credit inquiry removal letter and send one to each credit reporting agencies. These agencies will then contact the lender to verify the letter, then remove the credit inquiry and send you an updated copy of your credit report.