The following article covers a topic that has recently moved to center stage–at least it seems that way. If you’ve been thinking you need to know more about it, here’s your opportunity.What are inquiries?When you apply for credit the creditor or lender checks your credit report to verify that you qualify for the credit or loan you are applying for. The “inquiry” is then reported to the credit bureaus and shows up on your credit report.Does this affect your credit rating or score?Yes, it does. Although only a few points are deducted from your score for each inquiry, having multiple inquiries may drop your score to a lower bracket, forcing a…It never hurts to be well-informed with the latest on credit repair. Compare what you’ve learned here to future articles so that you can stay alert to changes in the area of credit repair.

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