VISDSNB 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:
VISDSNB 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:
Keeping your credit healthy is an essential task, but it's not always straightforward. To prevent identity theft and protect yourself from potential fraud, make sure to regularly check your credit report for any unknown inquiries or accounts you didn't open in the first place. You can request a free copy of each bureau’s (Equifax, Experian and TransUnion) annual report at annualcreditreport.com – stay diligent!
It's important to consider signing up for a credit monitoring service. It can notify you of any new inquiries or accounts on your report, plus provide identity theft protection and dispute assistance - ideal safeguards to have in place when it comes to managing your financial security.
If you spot an unexpected inquiry from VISDSNB on your credit report, don't worry- there are steps to get it removed. Try reaching out directly to the company and asking them politely; if they decline or no response is received, filing a dispute with the relevant credit bureaus could prove successful in getting rid of any unwelcome inquiries.
If you believe an inquiry on your credit report is inaccurate or unauthorized, it's possible to dispute this with the relevant bureau. You can write a letter outlining why, and include any supporting evidence like proof of not applying for VISDSNB credit. Upon investigation, if found illegitimate then it will be removed from record - so make sure to double-check your report regularly!
Hard inquiries (like VISDSNB) will remain on your credit report for a maximum of 2 years, regardless of whether or not your credit with Visa Department Store National 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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