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How to Improve Your Credit Score

Can I legally stop inquiries to my credit score?

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  • What is credit?

    In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination.

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Markita Aldridge
Mortgage Consultant, WestStar Mortgage
www.thelendingadvisors.com  
703-497-3936

Markita has been called :The Queen of Mortgage Financing especially after a BK". Since 2002, Markita has been a top-producing loan officer with WestStar Mortgage located in Lake Ridge, VA. She offers her clients expert service in mortgage financing regardless of credit history. Markita's former career as a professional basketball player with the "Washington Mystics of the WNBA" has been her foundation for creating a TEAM atmosphere when dealing with her mortgage clients. She truly believes Together Everyone Accomplishes More! You can visit her website at <a>www.TheLendingAdvisors.com</a> for more information and several FREE mortgage reports that reveal lending secrets other mortgage bankers don't want you to know!

Can I legally stop inquiries to my credit score?

 

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Host: Can I legally stop inquiries into my credit score?

Markita Aldridge-Woods: Yes you can, and the reason being 10% of your credit score is actually based on a number of inquiries. There are two types of inquiries; there is a hard inquiry which is basically someone soliciting credit that is not approved by you, giving you pre-approved offers in checking your credit. Every time that happens that actually hurts your credit score in the long run and then you have what s called a soft inquiry. A soft inquiry would be an inquiry that was initiated by you. You did your own credit report; that doesn t hurt you at all. So, you can opt out of the pre-approved offers that you receive and we do recommend that if you are really trying to build your credit score, worried about it increasing, you want to have is the least amount of inquiries as possible.

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