Hard Inquiries

Submitted by johanesherman on Thu, 04/04/2013 - 22:05
Forums
Credit repair

Hi all,

I got my credit score up to 751 but I'm still unable to apply for Amex Card or Discover due to one of my auto loan was comment as"redeemed, repossed and reinstated". I paid this auto loan 2 years before mature date, but the creditor reported that I was behind, I admit I was bad I didn't pay the auto loan on time, due to job loss and family situation. I made a big mistake, when I ran my credit report. the auto loan shown as 30 days late 15 of them, 3 of them 60 days late, and 1 90 days late.

Transunion was able to delete and my score got improve. but Equifax and Experian they can't delete or update or take out the comment as reposed. Yes my car was repossed once, but I paid all fees and penalty to reinstate the car. I did not make an agreement with the creditor, because I was scared and avoiding this issue. Now i'm paying for it. I need to either have this remove or update with stating my auto car loan paid full never late so that I can apply in the financial industry job. Please help.

Also I tried couple times to apply Amex or Discover, I was turned down by them due to this issue.

Anyway I can remove those hard inquiries? Your info greatly appreciated!

Gerry Whitfield (not verified)

I'm sorry. But, you won't be able to remove the items from your credit report. They will stay on your credit report for 7 years. You may make a special request to the auto loan lender though.

Fri, 04/05/2013 - 06:33 Permalink
sallynachelle

Welcome to the forums!!!
Hard inquiries will remain on your credit report for 2 years. You can make a written request to Equifax and Experian to update your account status properly. Just wait and watch what action they are taking.

Mon, 04/08/2013 - 04:23 Permalink