Do Credit Inquiries Hurt You, Continued
The following is a continuation of our article, Do Credit Inquiries Hurt You? We hope that you find this information helpful and encourage you to take a look at Fresh Start, the authoritative guide to consumer credit repair.
Although inquiries will remain on your file for up to 2 years, those in the last 6 months will count most heavily against you. Therefore, you should review the log to make certain that each inquiry was done with “permissible purpose” as explained in Section 604 of the Fair Credit Reporting Act (FCRA).
Authorized and Unauthorized Credit Inquiries
The FCRA defines the “permissible purposes” for which consumer credit profiles can be provided to others. A credit report may be supplied if it's to be used for:
Unless someone fits these categories, they should not be viewing your credit file. Anyone who knowingly and willfully obtains a credit report under false pretenses may be fined under title 18, United States Code, and imprisoned up to two year.
Use letters to dispute any unauthorized inquiries into your credit file so that they can be deleted form your report. If you don't have a lot of items to dispute, go ahead and send your letter to the credit bureau. However, if you know you are going to be sending the bureau several letters on other items over the next few months, you should try to take care of this with the creditor who requested your file. If you can take care of it by having them contact the bureau directly and deleting the request, then it is just one less letter you will have to send to the bureau yourself.
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CREDIT RESOURCE REVIEW
 Consumers facing credit challenges must consider this easy-to-follow interactive resource. We cannot say enough about the Fresh Start product. Overall, it is the best resource we've seen. It walks you step-by-step through each of the remedies available to you to remove negative credit from your credit history. Great tips on analyzing your credit report, disputing bad marks with credit bureaus, negotiation strategies, common mistakes, good explanations of current laws, and professionally written sample dispute letters.
You will also find chapters devoted to special situations such as: government student loans, divorce, bankruptcy, judgments, old delinquent accounts and credit card fraud.
One of the truly unique aspects is the "Vault" access that comes with Fresh Start. This is a restricted area of the web where users can access additional resources, articles and feedback dealing with these subjects.
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