inquiries

credit report codes

What Do All Those Strange Codes In My Credit Report Mean?

If you’ve requested your credit reports recently – or only peeked at them after a bank or another lender pulled your credit files – you may be wondering about some cryptic-looking codes and abbreviations you saw. The three main credit bureaus — Equifax, Experian and TransUnion — each have their own way of describing your […]

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Torn paper pieces with black question marks on a crumpled brown background symbolize the numerous inquiries that arise in our minds.

How Do Inquiries In My Credit Report Impact My Credit Score?

An inquiry in your credit file (credit inquiries) is a record of any application for credit that you made. For example, if you seek a mortgage, student loan or car loan, or even if you apply for a credit card or perhaps request an increase in your current credit card limit, any of these actions

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