A very interesting area of credit repair is the aspect of removing inquiries from the credit report. When a person applies for new credit in the interest of obtaining a credit card or any kind of loan, it will create a hard inquiry on the credit file. Listed below is a link that will open a Adobe PDF document which is a letter that I have drafted that can be used to remove inquiries from a credit report: equalopportunityalliance/pdf/inquiry_removal.pdf You have to mail this letter direct to the company that pulled your credit. You first have to view your credit report and look at the inquiry section that shows all of the inquiries that are reporting on your report, and next to the inquiry will be the name and address of the company that placed that inquiry on your credit report. If you have 25 inquiries reporting, you will need to send this letter to each of the 25 companies. You may use this letter as an example when typing your own letter. The only information that you will need to change on the letter is highlighted in yellow. I look forward to your comments on this post when you have successfully used this letter to remove an inquiry from your credit report. Under the authority of the law, any person or business entity must have Permissible Purpose in order to legally pull and view a persons credit profile. In this context Permissible Purpose would be a signature on a piece of paper giving the authority to pull and view a persons credit profile. Most companies cannot provide such proof or documentation as many companies do not maintain these documents. Whether the inquiry is accurate or not is completely irrelevant because the agency pulling your credit should be able to verify (with signed documentation) that the inquiry is in fact valid. And if such documentation is not available or cannot be verified then the agency that is reporting the inquiry to your credit report must send notice to the credit reporting agency (Equifax, Experian, Trans Union) requesting that the inquiry be removed from the credit file.
Posted on: Wed, 05 Mar 2014 20:31:29 +0000
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