[TravelAgentRalph]

Hello! I recently discovered on my home refinance report that my credit report was affected due to numerous credit inquiries on my three credit reports.
It has been a few years since I requested any credit checks, other than a home purchase. How can companies check your credit without your approval and then have it used against your Beacon score?
Isn't there a way to prohibit companies from routinely checking your credit report for credit card/credit solicitation?
Thanks...
Ralph

[Dr D]

Credit card companies regularly do mass screenings of credit reports to find prospects for their solicitation. Inquiries like this will not affect your score. Only inquiries prompted by your attempt to secure new credit will affect the score. When the bureaus provide the score(s) to you, they should also give the 4 factors, in order of declining importance that adversly affected your score. Check to see if "too many inquiries" was one of the factors. If a creditor has pulled your credit without a permissible pupose, they have broken the law.

[TravelAgentRalph]

Thank you very much for answering. Yes, I will check to see further, as "too many inquiries" was one of the factors and I requested only 1 credit card check.
Have a great weekend...