What is EMS?
EMS is short for Equifax Mortgage Services/Solutions.
EMS may be on your credit report as a hard inquiry. This usually happens when you apply for a mortgage. Equifax Mortgage Services may also appear on your credit report as ‘Equifax MTG’, ‘Equifax Mortgage Servi’, ‘EMS LACS‘, or ‘EMS Atlanta’.
What is a hard inquiry?
A hard inquiry occurs any time you apply for new credit and the lender or creditor runs a credit check. It can be for a mortgage, apartment, car loan, credit card, insurance policy, cell phone, and sometimes even a job application.
Hard inquiries will typically only drop your credit score by a few points. However, if you have too many, especially in a short period of time, they can really start to add up and do some damage.
What is a soft inquiry?
A soft inquiry occurs when a creditor checks your credit without your permission. This could be a lender with whom you’ve talked to for a pre-approval quote but haven’t actually applied for a loan. Sometimes a soft inquiry might even be pulled by an existing creditor just checking on your current credit situation.
Soft inquiries do not have an impact on your credit score.
How long do hard inquiries stay on your credit report?
Whether or not you get approved for the mortgage makes no difference. The hard inquiry will remain on your credit report for up to 2 years. Each time an inquiry is made, it is recorded by one or all of the three major credit reporting agencies – Equifax, Experian, and TransUnion.
If you don’t recognize the inquiry or you are sure you didn’t make the inquiry, contact Equifax Mortgage Services and ask them why an inquiry was made. The creditor’s name should be listed under the hard inquiry section on your credit report.
Can EMS be removed from my credit report?
Lexington Law specializes in removing inquiries and other negative marks on your credit report. They have over 28 years of experience and have removed over 7 million negative items for their clients in 2020 alone.
They can also help you dispute (and possibly remove) the following items:
- late payments
- charge offs
Get Your Inquiries Removed Today!
If you’re looking for a reputable credit repair company to help you repair your credit, we HIGHLY recommend Lexington Law.
Call them at (800) 220-0084 for a free credit consultation. Paralegals are standing by waiting to take your call.