remove negative items from credit history

The Credit Inquiry; A Wolf In Sheep's Clothing
By Thaddeus Collins, Thu Dec 8th

To the average consumer the most innocent item on their creditreport is the credit inquiry, but in-fact it is, to coin aphrase " a wolf in sheep's clothing." Although the creditinquiry is just a potential creditors look into a consumerscredit file, it can be more damaging than being refused credit,because to many inquires tell other creditors that the previouspotential credit grantors found the consumers to be a greatrisk. And, the inquiry can remain on the credit repot for up totwo years unchallenged, this means that too many looks into acredit file will damage the consumers credit.

So let's just get an understanding of what the creditor seeswhen they pull up the consumers' credit file. If the consumerhas had at least ten inquires in the past two years with nocorresponding payment history, then that translates into tenpotential credit grantors that did not feel they where worth therisk. But, there is hope for relieving the negativity associatedwith having to many credit inquiries.

First, the consumer has the right to have their credit filerestricted from third party viewing, and limited to just thepotential credit grantors the have chosen by completing ancredit application. The next

step will be to reframe fromapplying for credit, especially if you credit score is alreadylow. The goal of decreasing the number of inquiries on a creditfile is to increase the credit score, but unless the negativeentries are also removed, the credit score will not increase.

The best approach to cleaning up a consumers' credit report isto hire a professional credit repair service to evaluate andclear the negative items. There are a majority of credit repaircompanies that can provide this type of service; one isMillennium Credit Service and interested persons can find outmore about their services by visiting their website athttp://www.millennium-credit.com. So before applying for credit,remember that an inquiry is added every time a creditapplication is processed.

About the author:Millennium Credit Service provides credit repair services thatare legal and helps clients establish, build, and restore theircredit by using federal laws that protect the consumer andservices for clients with past credit problems.

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