I am trying to eliminate all of the inquiries on my credit report to boost my score.?

Question

Suze Orman says you can send a request to the company who ran your credit and they will take it off, but that didn't work. The companies told me that I have to have the credit reporting agency remove it. Any suggestions?

Answer 1

As the first poster said - time will take care of it.

Your scores start to recover in the first few months. Within 6 months after the inquiry is placed on your reports, it has less of an impact on your scores. At the one year mark it has no impact on your scores - unless your reports are manually reviewed (such as, for a mortgage etc)

Disputing inquiries from companies that had permisible purpose to pull your reports can have extremely harmful effects to your reports and scores.

If you had applied for credit and received it, then you dispute the inquiry, the company who extended credit may rate jack your interest but more than likely will just close the account.

If you dispute permisible inquiries, the CRA's may feel that you are fighting some sort of theft and possibly place your accounts under a fraud alert - which will make it difficult, but not impossible, to apply for credit in the future.

There are to many negatives on disputing inquiries, it's better to let them age and drop in the normal time limit.

Answer 2

To get a good credit score make a full payment before the due date. Or else make a payment more than a monthly payment. Small steps like paying your bills on time and using only part of the credit available to you. Also, use your credit cards for making small payments regularly, so that it is reflected in your credit record. More tips available at http://www.acreditlibrary.com/buildcredit.html after making three to six payment your credit score will increase automatically.

Answer 3

Hi Denise,

A credit inquiry is past history. You can't have it removed. Inquiries are not fatal. Citibank inquires on mine once a month but since I don't have a Citibank account my bank ignored those inquiries.

Norm

Answer 4

Only time will remove inquiries. It takes 2-years.