CREDIT REPAIR SECRETS by Edward Grey

Author:Edward Grey [Grey, Edward]
Language: eng
Format: epub, pdf
Publisher: LM Media
Published: 2021-05-14T00:00:00+00:00

Credit Inquiries

Next is Credit Inquiries. As Latoya Irby, a credit analyst chooses to put it; Credit Inquiries is a general term that covers all investigations and requests for your credit report. As you now understand, credit companies want you to have a credit report before accessing their services; as such, you are bound to create a credit report before you get real loans. But the credit companies don’t just want you to set the records. They want to explore it.

Practically, this means that each time you call for loans in a credit company, you are bound to permit them to request your credit report from a credit bureau. They usually do, and the detail of each inquiry is inserted in the next credit report. For example, if A/B Company had requested your report at some point, and KYC Company had also requested, JJC Company will find these companies in your credit report when you apply for another credit with them. That way, they can tell the other people you have contacted, how ‘desperate’ you have been finding some credit, and how unsuccessful you have been.

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