You may be wondering what Credit Plus is and why it’s on your credit report.
Inquiries from Credit Plus may appear on your credit report if you have recently applied for a mortgage. This is because Credit Plus is a common provider of credit information to mortgage lenders. If you see a Credit Plus inquiry on your credit report, but you didn’t apply for any new credit, it could be a sign of identity theft.
If you think that the Credit Plus inquiry is the result of fraud or identity theft, and want to know if there is anything you can do about it, don’t worry, you have options.
This article will explain who Credit Plus is, why the inquiry would show up on your credit report, and what to do to remove it if it’s a mistake or fraud.
What is Credit Plus?
Credit Plus is a provider of credit information and reports. It’s common for Credit Plus to show up on your credit report if you’ve recently applied for a mortgage. This is because many mortgage lenders use Credit Plus to get information about an applicant’s credit history that include outstanding debt, payment history, car loan information and any other financial products that has debt.
Credit Plus may be showing up on your credit report as a hard inquiry. A hard inquiry is when a lender or company checks your credit report to make a mortgage loan decision . Having too many of these can negatively impact your credit score (Soft inquiries do not impact your credit score).
If the Credit Plus inquiry appears on your report, but you didn’t permit them to check your credit, it could be a sign of identity theft.
Is Credit Plus a Scam?
No, Credit Plus is not a scam. It’s a legit company that provides credit information to a potential lender. However, if you see their credit inquiry on your report but didn’t permit them to check your credit, it could be a sign of identity theft.
Identity theft occurs when someone uses your personal information without your permission to commit fraud or other crimes. If you think you’re a victim of identity theft, it’s essential to take action right away.
How to Remove Credit Plus from your Credit Report
Suppose you’ve been a victim of identity theft. In that case, it’s imperative to remove any negative information from your credit report as soon as possible, including the Credit Plus inquiry, to avoid bad credit.
Send a Dispute to the Major Credit Bureaus
The best way to remove an unauthorized Credit Plus inquiry from your credit report is to file a dispute with the credit bureau.
Before contacting the credit bureaus, make sure to gather any documentation that you have that proves the Credit Plus inquiry is unauthorized. This could be a police report if you’ve already filed one or any correspondence you have with Credit Plus.
Also, it’s important to pull all your credit reports to make sure there are no other unauthorized inquiries or accounts. This way, you can dispute them all at once and save time. You can get a copy of your credit report (per the Fair Credit Reporting Act) from all three credit bureaus for free by going to annualcreditreport.com.
Once you have your documentation in order, reach out to the credit bureaus and file a dispute. You can do this online, over the phone, or by mail. The credit bureau will then investigate, and if they find that the Credit Plus inquiry is unauthorized, they will remove it from your report.
Hire a Credit Repair Company
If you don’t have the time or patience to file a dispute with the credit bureaus yourself, you can always hire a credit repair company to do it for you. Credit repair companies specialize in helping people remove negative items from their credit reports.
When choosing a credit repair company, be sure to do your research and choose one that is reputable and has a good track record. A few companies we recommend are Credit Saint and Sky Blue Credit Repair.
Credit Saint
Credit Saint is a credit repair company that has been in business since 2004. They have an A+ rating with the Better Business Bureau and have helped remove charge-offs and other negative items from people’s credit reports.
Credit Saint offers a wide variety of services to help you fix most derogatory marks on your credit report, such as late payments, charge-offs, and other services.
Credit Saint can help you with credit counseling, monitoring, and identity theft protection.
Credit Saint has a high customer satisfaction rate and offers a money-back guarantee on all their services.
Sky Blue Credit Repair
Sky Blue Credit Repair is another credit repair company that has been in business since 1989. They have an A+ rating by the Better Business Bureau and have high customer satisfaction.
Like Credit Saint, Sky Blue Credit Repair can help you remove a charge-off and any other delinquent account from your credit report. They also offer a money-back satisfaction guarantee on all of their services.
Both Credit Saint and Sky Blue Credit are reputable credit repair companies with a long history of helping people repair their credit. If you’re struggling to remove a fraudulent item from your credit report, hiring one of these professionals may be a good idea.
Wrapping Up
If you see Credit Plus on your personal credit report but didn’t give them permission to check your credit, it could be a sign of identity theft.
If this is the case, it’s important to take action to remove the unauthorized hard inquiries from your report. You can do this by filing a dispute with the credit bureau or by hiring a credit repair company.
