How Many Points Does A Hard Inquiry Affect Credit Score? (& Your Next Step)

March 9, 2023

Wondering what How many points does a hard inquiry affect credit score is?

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In general, a hard inquiry causes your credit score to drop by around 5 points. If you have a hard inquiry — and it's reported inaccurately — you may be able to remove it faster! Teaming up with an expert (like Credit Glory) makes it even easier to wipe inaccurate hard inquiries from your report.

Does a hard inquiry cost you credit score points?

Hard inquiries happen when you apply for a new credit line. The bad news? Hard inquiries result in around 5 points on your credit score. The worst part? Hard inquiries remain on your credit report for up to two years. Luckily, if your hard inquiry is inaccurate, it can be removed faster — and an expert like Credit Glory can help!

When can you remove a hard inquiry faster?

You can dispute (& remove) hard inquiries faster IF the hard inquiry info is reported inaccurately.

When are hard inquiries not accurate:

  • You never applied for credit
  • Identity theft
  • Unauthorized inquiries

If one (or more) items on this list apply, it's your right to dispute a hard inquiry — and Credit Glory's experience can make it a lot easier!

Could your negative items (like hard inquiries) be reported inaccurately?

Unfortunately, the Federal Trade Commission (FTC) claims that 20% of all reports contain (at least) 1 error! The penalty for negative items is a damaged credit score, which can wreak havoc on your financial future. How can you protect yourself? Your best weapon to hold creditors accountable is a dispute. That's where a credit repair expert (like Credit Glory) can make the process super easy.

Why you need to dispute an inaccurate hard inquiry

Disputing and removing fraudulent hard inquiries can improve your credit score. This has several effects on your financial health like:

  • Lower interest rates across all lending options
  • Easy approval for loans when a financial emergency occurs
  • The ability to shop around on mortgage, auto, and personal loans

The only real choice you need to make is whether you should dispute the item yourself or trust an expert (like Credit Glory) to make the dispute process a lot easier for you.

What if you can't dispute any hard inquiries b/c they're reported accurately?

Even if a hard inquiry is reported correctly, with the 1 in 5 odds, it's likely something else isn't. Double-check any other negative items on your credit report for errors. That way if you find any, you can start rebuilding your credit by disputing them. If you're not comfortable identifying inaccurate info (& it can be tricky) consider help from an expert — like Credit Glory.

Why should you pick Credit Glory vs. DIY

Disputing negative items starts with identifying inaccurate reporting. Then you can handle all dispute aspects on your own (a big hassle) — or trust an expert like Credit Glory.

Advantages when you partner with Credit Glory for help include:

  • A tested dispute process - Credit Glory uses a refined dispute process, with success removing negative items.
  • Unmatched 100% Money-Back Guarantee - Qualify for a full refund if Credit Glory can't remove inaccurate negative items in 100-days.
  • Best-in-class customer support - Disputes are generally complicated and involve waiting. Credit Glory beats DIY by a mile providing access to comprehensive customer support.

Erase inaccurate negative items for good w/help from Credit Glory!

Disputing negative items on your credit report is hard work! It takes a lot of time, effort, organization, and follow up. The good news? Our team of credit repair professionals is here to simplify everything! Let your dedicated credit repair expert relieve you of the stress, hassle, and time needed to fight your inaccuracies and boost your credit score (FAST!)

Credit Glory is a credit repair company that empowers consumers with the opportunity and knowledge to reach their financial dreams in 2020 and beyond.

Call us at (855) 938-3044 or set up a consultation to get started, today!

Begin Your Journey To A Healthy Financial Future, Today

Reclaim your financial freedom and speak with a live credit specialist for your free consultation.

Call (833) 563-0402
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