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Scam Alert: If you own a home, there’s a pretty good chance you’ll need a contractor at one point or another. Unfortunately, finding a good one is easier said than done. According to a new study, one in 10 Americans has fallen victim to a contractor scam. The types of scams run the gamut, but baby boomers tend to be the most vulnerable, with 15% saying they’ve been a victim. Millennials were second-most likely to be victimized, at 13%.

Visit our Fraud Education Center to learn more about trending scams and Red Flags to watch out for. 

Fraud Prevention Tips

How to Remove Hard Inquiries From Your Credit Report

June 20, 2024

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Steps to get unauthorized hard inquiries off your credit report.

Hard inquiries on your credit report can hurt your credit score.

That’s why you must check your reports regularly for inaccuracies. If you find a false inquiry, you must remove it immediately to prevent your score from plummeting for no reason.

Here’s how to do that:

Hard Pulls Only

The only inquiries that hurt your credit score are hard inquiries (or pulls). Soft pulls occur when you check your credit report yourself.

A hard pull occurs when you apply for a credit card or loan. When you do this, the lender checks your credit report at one or more of the three credit bureaus to determine your creditworthiness. The more hard pulls on your credit report, the more your score may be negatively impacted.

  • Note: To lenders, several hard pulls may indicate you don’t know how to responsibly handle credit and debts. 

Waiting Game

If you check your credit report and find only legitimate hard pulls, there’s nothing you can do but wait. Legit hard inquiries will typically be removed from your credit reports after two years. 

Call It In

What you want to stop are any hard pulls you didn’t authorize.

These can happen as a result of identity theft, or other fraudulent activity. If you see an unauthorized hard inquiry on your credit report, immediately contact the credit bureau that shows the hard inquiry.

  • Note: Make it a habit to regularly check your credit report at each of the three major bureaus, TransUnion, Equifax, and Experian. If you spot a false pull, report it right away. 

Do One Thing: Set a reminder to check your credit reports at all three bureaus at least every six months, or more frequently if that makes you feel more comfortable. (You are entitled to free credit reports every week from the bureaus.)

This article was originally posted on


The material provided on this page is for informational use only and is not intended for financial, tax or investment advice. VisionBank, PurposeBank and/or its affiliates assume no liability for any loss or damage resulting from one’s reliance on the material provided. Please also note that such material is not updated regularly and that some of the information may not therefore be current. Consult with your own financial professional and tax advisor when making decisions regarding your financial situation.


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