CBCInnovis: What Is It & How Can You Remove It From Your Credit Report?

Last Updated: Apr 08, 2023

  • CBCInnovis is likely a hard inquiry on your credit report
  • If you don’t recognize this inquiry, it could be a result of identity theft
  • Call us today for your FREE consultation (+ find out how you can get it removed)

What Is CBCInnovis

CBCInnovis is what’s known as a hard inquiry. Hard inquiries occur when a lender pulls your credit report when applying for a loan.

Under What Circumstances Can CBCInnovis (+ Other Similar Inquiries) Be Removed?

Generally you can remove inquiries from your report if any of the following has happened:

  1. It was created without your permission
  2. It was created without your knowledge
  3. There are more inquiries than what you expected

Why is CBCInnovis on my credit report?

CBCInnovis reviewed a copy of your credit report(s) to decide whether or not to lend to you, which appears on your report as a hard inquiry.

Lenders are required to report hard inquiries everytime they pull your credit reports because you asked for credit. They use this reporting to track how often you’re applying for credit cards, loans, etc., which in their eyes makes you a higher risk.

If you don’t recognize this company, consider what else you may have applied for around the date of the inquiry, as many times businesses will use 3rd parties to pull credit reports which regularly causes confusion.

What is a hard inquiry?

Hard inquiries, or hard pulls, occur every time you apply for credit and a lender needs to pull your credit reports to make an informed decision whether or not to approve you.

The most common reason for these are when applying for:

  • Credit cards  
  • Auto loans  
  • Mortgages  
  • Insurance policies  
  • Mobile phones  
  • Utility services

How To Avoid Unwanted Hard Inquiries on Your Credit Report

To maintain a good credit score, it's essential to keep hard inquiries to a minimum. Start by limiting the amount of credit applications you make and only apply for credit when necessary. Before applying for any credit, be sure to check if you are eligible for that particular issuer.

Another way to avoid hard inquiries is to take advantage of prequalification offers - this returns a soft inquiry instead, which does not hurt your score.

Lastly, watch out for companies that offer instant approval; these often require a hard inquiry which can have an adverse effect on your credit score. By following these tips and being mindful of potential risks, you can maintain a good credit rating and save yourself from any unnecessary damage.

How To Dispute Inaccurate Information on Your Credit Report

Maintaining an accurate credit report is key to protecting your credit score. To ensure your report is free of errors and inaccurate information, obtain a copy of your credit report from each of the three major credit bureaus - Equifax, Experian and TransUnion. Carefully review your reports for any inaccuracies and document any errors you find.

Afterwards, file a dispute with the bureau(s) that reported the mistake. You can do this online, through mail or by phone, and provide detailed evidence regarding the error along with any relevant supporting documentation.

The bureau will investigate your dispute and should respond within 30-45 days. If it's found that there was an inaccuracy in the reported information, it will be corrected or removed from your credit report. By disputing mistakes on your report promptly and efficiently, you can protect your credit score and make sure it accurately reflects your financial history.

Looking for help with CBCInnovis?

How long do hard inquiries stay on your credit report?

Hard inquiries (like CBCInnovis) will remain on your credit report for a maximum of 2 years, regardless of whether or not your credit with was approved. Depending on the scoring model used, hard inquiries will stop affecting your score between 3 to 12 months.

What is a soft inquiry?

If you’ve ever received a pre-qualification offer for a credit card, auto loan, mortgage, or anything else of that nature, a soft inquiry, or soft pull, was used. Unlike hard inquiries, soft inquiries have nothing to do with you requesting new credit, and as such they’re not visible to anyone except you and do not lower your score.

Can CBCInnovis Be Removed From My Credit Report?

If the inquiry is a result of identity theft, then yes, TBOM/CONTIN can be removed from your credit report, this is something we can help with.

Looking for help with CBCInnovis?

Take Your Financial Future Back Into Your Own Hands

Speak with a live credit specialist for your free consultation, now