How to Remove Hard Inquiries From Your Credit Report

How to Remove Hard Inquiries From Your Credit Report

Steps to get unauthorized hard inquiries off your credit report.

Hard inquiries on your credit report can hurt your credit score.

That’s why you must check your reports regularly for inaccuracies. If you find a false inquiry, you must remove it immediately to prevent your score from plummeting for no reason.

Here’s how to do that:

Hard Pulls Only

The only inquiries that hurt your credit score are hard inquiries (or pulls). Soft pulls occur when you check your credit report yourself.

A hard pull occurs when you apply for a credit card or loan. When you do this, the lender checks your credit report at one or more of the three credit bureaus to determine your creditworthiness. The more hard pulls on your credit report, the more your score may be negatively impacted.

  • Note: To lenders, several hard pulls may indicate you don’t know how to responsibly handle credit and debts. 

Waiting Game

If you check your credit report and find only legitimate hard pulls, there’s nothing you can do but wait. Legit hard inquiries will typically be removed from your credit reports after two years. 

Call It In

What you want to stop are any hard pulls you didn’t authorize.

These can happen as a result of identity theft, or other fraudulent activity. If you see an unauthorized hard inquiry on your credit report, immediately contact the credit bureau that shows the hard inquiry.

  • Note: Make it a habit to regularly check your credit report at each of the three major bureaus, TransUnion, Equifax, and Experian. If you spot a false pull, report it right away. 

Do One Thing: Set a reminder to check your credit reports at all three bureaus at least every six months, or more frequently if that makes you feel more comfortable. (You are entitled to free credit reports every week from the bureaus.)

Chris O'Shea

Powered by: SavvyMoney