Hard credit inquiries are a necessary part of the credit application process. However, too many inquiries in a short period of time can negatively impact your credit score. This is because a hard inquiry is a record of a lender checking your credit report to evaluate your creditworthiness. In this article, we will discuss how to remove hard credit inquiries to improve your credit score.

What are hard credit inquiries?

A hard credit inquiry is a type of credit check that occurs when a lender reviews your credit report to determine whether to approve your credit application. Unlike soft inquiries, which occur when you check your own credit report or when lenders offer you pre-approved credit options, hard inquiries stay on your credit report for up to two years and can negatively impact your credit score.

When you apply for new credit, you typically authorize the lender to access your credit report. This results in a hard inquiry being added to your credit report. Each inquiry on your credit report is added up and can have a negative impact on your credit score.

How do hard credit inquiries impact your credit score?

Each hard inquiry on your credit report can cause a drop in your credit score of a few points, and multiple inquiries in a short period of time can have a larger impact. This is because it suggests to lenders that you are actively trying to take out new credit, which can be a red flag.

In addition to impacting your credit score, hard inquiries can also make it more difficult to get approved for new credit. Lenders are often more hesitant to extend credit to someone with multiple recent inquiries on their credit report because it can suggest a higher risk of default.

How to remove hard credit inquiries

If you have hard inquiries on your credit report that you believe are negatively impacting your credit score, you may be wondering how to remove them. Here are some steps you can take to try and remove hard inquiries from your credit report:

  • Review your credit report: Before attempting to remove hard inquiries, review your credit report to ensure that they are all accurate. If you discover any inaccuracies, you should dispute them with the credit bureau.
  • Dispute any errors: If you identify any errors on your credit report, you can dispute them with the credit bureau. The credit bureau has 30 days to investigate your dispute and remove any errors if they find they are inaccurate.
  • Request removal from creditor: You can also contact the creditor who made the inquiry and request that they remove it from your credit report. Some creditors may be willing to do this if you have a good reason, such as if you were a victim of identity theft.
  • Wait: If the hard inquiries are accurate, there is no guaranteed way to remove them from your credit report. However, they will eventually fall off your report after two years.

While hard inquiries can have a negative impact on your credit score, they are a necessary part of the credit application process. If you do have hard inquiries on your credit report that you believe are inaccurate, you can take steps to try and have them removed. However, if they are accurate, your best course of action is to simply wait for them to fall off your credit report in two years.

Remember that the most important thing you can do to improve your credit score is to make consistent, on-time payments and maintain a low credit utilization ratio. By doing this, you can gradually improve your credit score over time, even if you have some hard inquiries on your credit report.

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