48 Hour Hard Inquiry Removal “A Step by Step Guide to Remove Credit Inquiries from All 3 Credit Bureaus”
How this Process Helped Me
Hi, my name is Thomas Humphrey, Founder and Lead Instructor at lionsdenacademy.com. Three years ago, I walked into an Auto Dealership excited to buy a new car. The process seemed pretty standard. I approved the dealership to run my credit. The sales representative provided a few options. I chose a vehicle that was in my budget, signed the paperwork, and drove off the lot with a brand-new SUV. All in all, the process was pretty painless. However, what I didn't know is that the dealership ran my credit multiple times through different lenders without my knowledge. I only knew of one inquiry. I was never informed, nor did I provide authorization for my credit to be ran more than the one time.
To make matters worse, I discovered the unauthorized use while going through funding for an investment real estate property. After a soft credit pull, my Lender informed me that I had too many inquiries within a short period of time for them to finance my project. I was shocked and concerned. So, I pulled my credit and it indeed revealed that I had several unauthorized Hard Credit inquiries from several Auto Lenders. I didn't provide written or oral permission to run my credit more than the one time. My credit score dropped significantly, and I realized how much damage those hard inquiries were to not only my score, but by being illegally placed on my Consumer Credit Report, it also prevented me from purchasing an investment property, thereby causing substantial financially injury. I was embarrassed, devastated and angry. I was motivated to find an answer to why this happened, was it legal, but just as important, how to prevent it from happening again. So, after conducting my due diligence, I discovered three things:
That hard inquiries indeed can be damaging to your Credit Report and even cause a person with outstanding scores to be denied or incur higher interest rates.
You can have inquiries removed for several different reasons, one being unauthorized use.
Hard Inquiries on your Consumer Credit Report are illegal.
This step-by-step guide are the exact steps I took to remove the hard inquiries that were plaguing my Credit Report, limiting my financing options, and wrecking my income potential. Don't allow the same to happen to you. Remove the Hard Inquiries from all three Credit Bureaus, clear a path to create wealth, and live life on your terms.