JPMCB Card is what’s known as a hard inquiry. Hard inquiries occur when a lender pulls your credit report when applying for a loan.
Generally you can remove inquiries from your report if any of the following has happened:
JPMCB Card 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.
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:
If you think there's been an unauthorized or incorrect JPMCB Card inquiry added to your credit report, it's time to take action. Start by getting a free copy of your credit report from each of the three major credit bureaus – Equifax, Experian and TransUnion. Carefully review each report and make a note of any inaccurate or unauthorized inquiries that have been made.
Once you've identified any errors, file a dispute with the appropriate bureaus. You can do this online, by phone or by post and it's important to include any supporting evidence as proof that the inquiry was either incorrect or unauthorized – such as a police report in case of identity theft. The bureaus will investigate your dispute and should revert back to you within thirty days.
It's important to be wary of who you give permission to access your credit report, as this can result in unwanted inquiries. When you're shopping for something like a car, only allow the dealership you plan to purchase from to check your credit – avoid applying with multiple lenders in quick succession as this can make you appear desperate and put off potential lenders.
Additionally, it's worth using a credit monitoring service which can keep track of any unauthorized activities occurring on your credit report and alert you if necessary. This will help you take action quickly and dispute any incorrect inquiries as swiftly as possible.
Hard inquiries (like JPMCB Card) will remain on your credit report for a maximum of 2 years, regardless of whether or not your credit with JPMorgan Chase Bank was approved. Depending on the scoring model used, hard inquiries will stop affecting your score between 3 to 12 months.
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.
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.
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