What Is A Credit Inquiry? - CREDIT INFORMATION

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TODAY'S SAVING TIP  Even though your creditor or the credit bureau can remove negative items whenever they choose, here are the rules set forth by the Fair Credit Reporting Act (FCRA): 1. Most negative items must be taken off in no more than seven years. 2. ... Read more
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CREDIT INFORMATION: What is a credit inquiry?


A credit inquiry is an item on a credit report that shows a business with a "permissible purpose" (as defined under the federal Fair Credit Reporting Act) has previously requested a copy of the report.

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