What is Badcock?
Badcock Home Furniture is a well-known furniture retailer with over 320 stores across eight southeastern states in the United States. When you apply for financing or a Badcock credit card at one of their stores, it may result in a hard inquiry on your credit report. This is because they check your credit history as part of their decision-making process.
Does Badcock report to credit bureaus?
When you apply for a Badcock credit account, the application process may result in a credit inquiry being reported to the three major credit bureaus—Equifax, Experian, and TransUnion—regardless of whether your application is approved or not.
Understanding Hard and Soft Inquiries
Hard Inquiries
A hard inquiry happens when a lender or creditor checks your credit as part of their decision-making process for new credit. Examples include mortgage, apartment, car loan, credit card, insurance policy, cell phone, and sometimes even job applications.
Hard inquiries usually cause your credit score to drop by a few points. However, having too many hard inquiries in a short time frame can significantly affect your credit score.
Soft Inquiries
Soft inquiries, on the other hand, typically occur when a company checks your credit history as part of a background check. It could also be when a credit card issuer or lender prequalifies you for an offer, or when an existing creditor monitors your current credit situation. Soft inquiries do not impact your credit scores.
How long do hard inquiries stay on your credit report?
Regardless of the outcome of your Badcock credit card application, the hard inquiry will remain on your credit report for up to two years. Each time an inquiry is made, it is recorded by one or all of the three major credit reporting agencies.
Dealing with Unauthorized Inquiries
It’s crucial to review your credit report regularly for unauthorized inquiries or inaccuracies. If you notice an unfamiliar inquiry from Badcock or believe it was made without your permission, contact Badcock to inquire about the issue. The creditor’s name should be listed under the hard inquiry section on your credit report.
Badcock Contact Information
Address:
W.S. Badcock Corporation
Attn: Customer Service
P.O. Box 497
Mulberry, FL 33860
Phone number: (800) (223-2625)
Removing Badcock Inquiries from Your Credit Report
If an inquiry or other negative mark on your credit report from Badcock is inaccurate or unauthorized, consider seeking professional help from credit repair companies like Credit Saint.
They can help you dispute and potentially remove inaccurate negative items from your credit reports, including inquiries, late payments, collections, charge-offs, foreclosures, repossessions, and bankruptcies.
Taking Control of Your Credit Today
Proactively managing your credit and ensuring the accuracy of your credit report are essential steps toward financial stability. If you’re struggling with bad credit and want to learn more about your options, consider a free credit consultation with Credit Saint.
Visit their website and fill out the form to find out how they can help you improve your credit and secure a better financial future.
Ready to Raise Your Credit Score?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
