What is Clarity Services?
Clarity Services, Inc., a subsidiary of Experian, specializes in providing credit checks for alternative financing services. Their focus is primarily on the lower-income and subprime consumer markets. Apart from credit reporting services, they also offer check cashing protection systems and identity verification services.
If you have a thin or non-existent credit file, Experian’s Clarity Services, Inc. utilizes alternative data (apart from your credit scores) to help you get approved for credit.
Hard Inquiries vs. Soft Inquiries: Understanding the Difference
Hard Inquiry Explained
A hard inquiry takes place when you apply for new credit, and the lender or creditor runs a credit check. Examples include applying for a mortgage, apartment, car loan, credit card, insurance policy, cell phone, or sometimes even a job application.
While hard inquiries typically cause your credit score to drop by just a few points, accumulating too many, especially within a short time frame, can lead to significant damage.
Soft Inquiry Uncovered
A soft inquiry typically occurs when a company checks your credit history as part of a background check. It can also transpire when a credit card issuer or lender checks your credit to prequalify you for an offer. Occasionally, an existing creditor might pull a soft inquiry to assess your current credit situation. Soft inquiries do not impact your credit scores.
How long do hard inquiries stay on your credit report?
Regardless of whether Clarity Services approves your application, the hard inquiry remains on your credit report for up to two years. Each inquiry is recorded by one or all of the three major credit reporting agencies: Equifax, Experian, and TransUnion.
Dealing with Unauthorized Inquiries
If you come across an inquiry that you don’t recognize or are confident that you didn’t initiate, reach out to Clarity Services and inquire about the hard inquiry. The creditor’s name should appear under the hard inquiry section on your consumer credit report.
In case you suspect identity theft, it is crucial to place a fraud alert on your credit reports.
Clarity Services, Inc. Contact Information
Clarity Services, Inc.
P.O. Box 5717
Clearwater, FL 33758
Phone number: (866) 390-3118
Can Clarity Services be removed from my credit report?
Credit repair companies, such as Credit Saint, are known for their expertise in eliminating inquiries and other negative marks on your credit report.
They can assist you in disputing (and potentially removing) various negative items, including:
- late payments
- charge offs
Take Action Today: Remove Inquiries and Improve Your Credit
If you’re struggling with bad credit and seek more information, consider a free credit consultation with Credit Saint.
With a proven track record of helping people in similar situations, visit their website and fill out the form to see what they can do for you.
Ready to Raise Your Credit Score?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
Here’s a list of some of the nation’s most common credit inquiries.
- CB INDIGO
- Citicards CBNA
- Comenity Bank/ATYLRLMC
- CoreLogic Credco
- CRDT First
- Credco Inquiry
- Credit Plus
- Elan Financial Services
- Equifax Mortgage Services
- Factual Data
- JPMCB Card Services
- MABT CONTFIN
- SYNCB AEVISA
- SYNCB/Amazon PLCC
- SYNCB/Ameg D
- SYNCB/TJX CO DC
- SYW MC/CBNA
- TD Bank Target
- TU Interactive
- Webbank Fingerhut
- WF Bank NA
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