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A spokesperson for Credit Repair Co an LA-based credit repair agency explains what is a hard inquiry and how hard inquiry removal process works.When a lender or company requests to review your credit report as part of the loan application process, that request is recorded on your credit report as a hard inquiry, and it usually will impact your credit score. This is different from a “soft” inquiry, which can result when you check your own credit or when a promotional credit card offer is generated. Soft inquiries do not impact your credit score.
Hard inquiries are a timeline of when you have applied for new credit and may stay on your credit report for two years. Depending on your credit history, hard inquiries could indicate different things to different lenders.
Recent hard inquiries on your credit report tell a lender that you are currently shopping for new credit. This may be meaningful to a potential lender when you are applying for a credit card or loan. The number of hard inquiries that you have to make up 10% of your overall credit score. It is always best to keep the number of hard inquiries that you have low. Too many hard inquiries will lower your overall credit score and you can even be automatically denied because of them. That is why it is best to get them removed to eliminate all possible doubt with your potential creditors.
Did you know that a hard inquiry can pull down your score by 5-10 points? Inquiries can have a greater impact if you have few accounts or short credit history. Credit inquiries can stay on your credit report for up to 2 years! Lenders will consider you a greater risk if you have a large number of inquires. But no need to worry Credit Repair Co. can help you with credit inquiry removal!
Why choose CreditRepair.net for Credit Repair Hard Credit Inquiry removal. Part of our Credit Repair Services is a Fast track (2-15 days) processing for hard credit inquiry removal on Experian, Transunion, and Equifax. They also offer 30-day processing for clients on the budget.
Credit Repair Co had a client that needed to refinance his property but he needed help with his credit report. They suggested that the client have his credit inquiries removed. Credit Repair Co removed 5 of his hard credit inquiries and his score jumped 24 points! His score went from a 688 to a 712. He was so happy that we were able to help him get his score up and refinance his property. Credit Repair Co. is here to help you whether you are applying for a new car, home, or loan they can help you remove your hard inquiries fast!
Contact Info:
Name: Dimitri Malyshev
Email: Send Email
Organization: Credit Repair Co
Address: 2018 Pacific Coast Hwy, Suite 202, Lomita, CA 90717
Phone: 424-328-0405
Website: https://creditrepairco.net/
Release ID: 88957020
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