How to remove HARD CREDIT INQUIRIES online? (income, invest, get)

[yescat]

Originally Posted by IMOGAJAD

Everybody wants good credit, but not everybody is willing to live the lifestyle necessary to keep it. In accordance with the Fair Credit Reporting Act, I, as a landlord, run credit checks with permission (your signature). I'm constantly amazed at the prospective tenants who on learning a check is mandatory reply, "Oh yeah dude, like run the report, I'm good," and the report comes back with 15 collections, 9 charge-offs and a gutter score of 500.

Some of the advice I've read in this thread is good, some not so good. First, do it yourself. Avoid the "credit repair" vendors and spend some time at FTC.Gov (Federal Trade Commission)to learn what's the real deal with your rights and how to get things done. Then, (for free, folks) run your credit from each of the three agencies (Transunion/Equifax/Experian). Lay them out side by side and scrutinize EVERY entry. If it's not correct, challenge it IN WRITING (been there, done that, and it worked). Research the net for tips on how to legitimately increase your scores, and finally, adopt a different lifestyle approach concerning debt.

I'm betting the majority of folks I know with lousy credit, if given 50K today would be broke and have worse credit a short year later because they never developed skills to live within their means. Heavens knows it ain't easy, but for a whole lot of folks, something's got to change.

I had a conversation about finances with a co-worker recently. I informed him, "Your credit report is the REAL you, it doesn't matter how your present yourself or who you say you are, good, bad or indifferent, that report lays bare how responsible you are, and there's no getting around that."

Personal character isn't extinct, but when I want to really discover if my future tenant will pay me on time, while not a perfect tool, your credit report is considerably more convincing than a firm handshake and a smile. I wish it weren't that way, but it is.

LOL. The biggest deadbeat credit criminals are experts at credit repair. All a good credit report says is they have the know how and discipline it takes to clear up their credit until the next round. Look into their public records and criminal records if you really want to know who you're dealing with.

[IMOGAJAD]

Originally Posted by yescat

LOL. The biggest deadbeat credit criminals are experts at credit repair. All a good credit report says is they have the know how and discipline it takes to clear up their credit until the next round. Look into their public records and criminal records if you really want to know who you're dealing with.

LOL, I've seen that too and the credit report is my gold standard. BTW, the "public records" are not always accurate. Also, "clearing up credit?" Ok, let's say you're smarter than me; I've never regarded myself as the "sharpest tool in the shed." How can you (outside of scamming an identity theft) alter the content of three separate credit reporting agencies? "The next round?" Uh, there are years of history in the report - did you mean to say, "the next decade?"

[Wilson513]

Never do anything online with the credit reporting agencies. Always paper and snail mail. Much more effective.

[yescat]

Originally Posted by IMOGAJAD

LOL, I've seen that too and the credit report is my gold standard. BTW, the "public records" are not always accurate. Also, "clearing up credit?" Ok, let's say you're smarter than me; I've never regarded myself as the "sharpest tool in the shed." How can you (outside of scamming an identity theft) alter the content of three separate credit reporting agencies? "The next round?" Uh, there are years of history in the report - did you mean to say, "the next decade?"

Yes, there's a lot you can learn if you believe a derogatory account needs to stay on your report for a decade.

1. Public records are very accurate for the purposes you've mentioned. Just use some common sense when analyzing them. 2. Even if you do nothing a derogatory must fall off in seven years. Have you actually read the laws you're recommending people to read?

In a nutshell, if you demand verification from the reporting agency (all three) while demanding validation from the creditor simultaneously and REPEATEDLY your credit will be clean within two years. If you take the reporting agency to court it will be cleared up in a matter of months.

Legally, the burden of proof is on them and because of they way they conduct their business it puts them on the wrong side of the law when push comes to shove.

Don't read the BS on so-called official websites. Don't listen to Suzzie Ormand. These entities are ultimately funded by or influenced by the banking industry. Go to forums like Credit and Debt Problems Forums - Powered by vBulletin and Credit Card and Credit Repair Forum - Creditnet.com which focuses on disputing or http://www.debtorboards.com which focuses on suing your creditor.

When someone tells you, "there's nothing you can do" take that to mean that they're either ignorant, gutless, or it's somehow in their best interest to tell you that.

[IMOGAJAD]

Originally Posted by yescat

Yes, there's a lot you can learn if you believe a derogatory account needs to stay on your report for a decade.

1. Public records are very accurate for the purposes you've mentioned. Just use some common sense when analyzing them. 2. Even if you do nothing a derogatory must fall off in seven years. Have you actually read the laws you're recommending people to read?

In a nutshell, if you demand verification from the reporting agency (all three) while demanding validation from the creditor simultaneously and REPEATEDLY your credit will be clean within two years. If you take the reporting agency to court it will be cleared up in a matter of months.

Legally, the burden of proof is on them and because of they way they conduct their business it puts them on the wrong side of the law when push comes to shove.

Don't read the BS on so-called official websites. Don't listen to Suzzie Ormand. These entities are ultimately funded by or influenced by the banking industry. Go to forums like Credit and Debt Problems Forums - Powered by vBulletin and Credit Card and Credit Repair Forum - Creditnet.com which focuses on disputing or Debtorboards - Sue Your Creditor and Win! - Index which focuses on suing your creditor.

When someone tells you, "there's nothing you can do" take that to mean that they're either ignorant, gutless, or it's somehow in their best interest to tell you that.

Your arguments are passionate, and well intentioned. However, explain if what you say is TRUE why so many people have lousy credit? You're the only enlightened one who can "demand verification" and "clean up" credit?
If it's that easy, everybody would be doing it. In the meantime, I'll continue to screen my tenants via credit checks. It's ALWAYS worked for me, credit lenders, car dealers, mortgage companies, etc. Per your post, I'll be on the look out to get flim-flammed by some skid-row bum with 800 credit rating who was a 300 two years prior. Man, I'll never get that guy off my property! And when that happens, I'll let you know, YESCAT - Just don't hold your breath.

[Bosco55David]

Originally Posted by IMOGAJAD

Your arguments are passionate, and well intentioned. However, explain if what you say is TRUE why so many people have lousy credit? You're the only enlightened one who can "demand verification" and "clean up" credit? If it's that easy, everybody would be doing it.

It's not quite as easy as he made it sound, but it can be done. The trick is knowing the law (which few people do) and using that law to your advantage. Once you know the law, you can apply it and clean up your credit report.

[IMOGAJAD]

Originally Posted by Bosco55David

It's not quite as easy as he made it sound, but it can be done. The trick is knowing the law (which few people do) and using that law to your advantage. Once you know the law, you can apply it and clean up your credit report.

Now THAT makes a lot more sense than YESCAT's post. I "cleaned up" my credit 10 years ago by challenging erroneous (yes, truly erroneous) entries by snail mailing all three agencies. Of a truth, my credit wasn't "bad", I just wanted those "that's not my SSAN/never had that account/never lived in New Hampshire" entries deleted. If you have things posted not attributable to you, take action. If you're some con artist thinking the world owes you something by attempting to correct LEGITIMATE personal irresponsibility - good luck. A better course of action might be to learn to live within your means and rebuild your credit history.

[Bosco55David]

Originally Posted by IMOGAJAD

Now THAT makes a lot more sense than YESCAT's post. I "cleaned up" my credit 10 years ago by challenging erroneous (yes, truly erroneous) entries by snail mailing all three agencies. Of a truth, my credit wasn't "bad", I just wanted those "that's not my SSAN/never had that account/never lived in New Hampshire" entries deleted. If you have things posted not attributable to you, take action. If you're some con artist thinking the world owes you something by attempting to correct LEGITIMATE personal irresponsibility - good luck. A better course of action might be to learn to live within your means and rebuild your credit history.

The legitimate ones are just as easy to remove.

[MissNM]

Originally Posted by IMOGAJAD

I had a conversation about finances with a co-worker recently. I informed him, "Your credit report is the REAL you, it doesn't matter how your present yourself or who you say you are, good, bad or indifferent, that report lays bare how responsible you are, and there's no getting around that."

I tend to agree with you on this. People who make mistakes should pay the price.

Those who learn from their mistakes and correct their behavior will be rewarded with improved credit. Just as it takes time to correct your behavior - it takes time to improve your reputation. Bad credit isn't forever. Clean up your act and your credit will clean up, too.

And you also shouldn't be punished for other's errors. Your credit should reflect your behavior. And I also beleive that noone should be hit with multiple trade lines for a single debt that is sold over and over again either. Those should be disputed and removed.

[Bosco55David]

Originally Posted by MissNM

I tend to agree with you on this. People who make mistakes should pay the price.

Those who learn from their mistakes and correct their behavior will be rewarded with improved credit. Just as it takes time to correct your behavior - it takes time to improve your reputation.

Bad credit isn't forever. Clean up your act and your credit will clean up, too.

Why wait?