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Question By
Lousito

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How long do hard credit inquiries stay on my credit report?
An unknown company called Credco posts inquiries every month. I have not requested credit from this company. How can I stop them?

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Response from a similar question on myfico.com. Looks like this can happen if you've recently purchased a car or are trying to buy a house.
 

"Since all the inquiries occurred during a short period of time, they will all be scored as a single inquiry by the FICO scoring model.  If you get hit with another 25 inquiries tomorrow, the same rule applies; they'd be grouped with all of the previous inquiries as scored as one.  It is curious that your report has been pulled so many times, but it's probably because the mortgage brokers are shopping your application package to multiple lenders, which may have each individually requested your credit report through Credco.  Theoretically, this should be better for you because your brokers would be able to pick the best loan for your situation out of several choices.

You'd want to make sure that these are properly coded as mortgage inquiries, however.

There's nothing you should do regarding these inquiries.  If you attempt to dispute them, your credit reports could get hit with fraud alerts across the board.  If dispute comments appear on your credit reports because you tried to get a few of them off, that could hamper your mortgage approval.

Any mortgage underwriter worth his or her salt will understand that the multiple inquiries were done as part of your mortgage pre-approval process.  These inquiries won't get in the way of your approval."

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jeniblue1

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Counting the hard inquires all as one has not been the case with me. Each is seperate and each pulls my credit score down further and further. My score went from 712 to 629 in one month just because of 9 hard inquires.

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Report it to the reporting bureaus as fraudulent activity and contact the company directly. It takes 2-3 years for the inquiries to drop off without intervention. If it turns out they're pulling your report without your permission then the bureaus might be willing to remove the inquiries. But your first step is to try and contact Credco. I'd google the name first to find out if it's a common issue or fraud. And document document document so you can show the bureau that you've done your due diligence before requestion that they be removed.

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