Blog Contact Us
502.689.1001
FREE CONSULTATION!
Enter your details below to speak
with one of our credit experts today.

King Financial Blog

WE ARE THE BUSINESS CREDIT EXPERTS!

WHY BEING CAREFUL OF INQUIRIES ON YOUR CREDIT REPORT IS IMPORTANT

Admin Manager - Wednesday, July 26, 2017

Few people know that when someone takes a look at your credit report that inquiry is noted. Having a lot of inquiries on your report, may show that you’re shopping for several loans at the same time – or that you previously have been rejected by lenders. Both make you appear a poor credit risk and can negatively affect your credit score.  Therefore, it is recommended that you’re careful about who looks at your credit report. In case you’re shopping for a loan, show around within a short period of time, because inquiries made within a few days of each other will usually be lumped together and counted as an individual inquiry.

Also, you can cut down on the number of inquiries on your account by approaching lenders you previously have researched and might be interest in doing business with – when you do research first and approach second you will likely have only a few lenders accessing your report at the same time, this can help save your credit score.

I will take a free look over your credit report! Don’t have one? Order yours today: >>>Order Today!<<< 

Comments
Post has no comments.
Post a Comment
Trackback Link
http://www.kingfinancialrepair.com/BlogRetrieve.aspx?BlogID=13239&PostID=982928&A=Trackback
Trackbacks
Post has no trackbacks.

Recent Posts

Categories

Tags

Archive