What is Factual Data?
Factual Data Corp (FDC) provides credit checks for mortgage lenders.
Factual Data may be on your credit report as a hard inquiry. This usually happens if you’ve applied for a mortgage.
Factual Data actually provides merged credit reports itself. Lenders use the information on your Factual Data credit report to decide whether or not to provide you with a loan.
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?
Soft credit inquiries occur when a creditor checks your credit history without your permission. It can also happen when a credit card issuer or lender checks your credit to prequalify you for an offer. 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 scores.
How long do hard inquiries stay on your credit report?
Whether you get approved for a mortgage makes no difference. The hard inquiry will remain on your credit report for up to 2 years. Each time you make an inquiry, it is recorded by one or all of the three major credit reporting agencies: Equifax, Experian, and TransUnion.
If you don’t recognize the Factual Data inquiry or you are sure you didn’t make the inquiry, contact Factual Data and ask them why an inquiry was made. The creditor’s name should be listed under the hard inquiry section on your credit report.
The Fair Credit Reporting Act (FCRA) also allows you to file formal disputes with all three major credit bureaus. You can do this by yourself or with the help of a credit repair professional.
Factual Data Contact Information
To request a free copy of your Factual Data credit report you can write or call them:
Attn: Consumer Assistance
PO Box 1667
Pittsburgh, PA 15230
Phone number: (877) 237-8317
5100 Hahns Peak Drive
Loveland, CO 80538
Phone number: (800) 216-3463
Can Factual Data hard inquiries be removed from my credit report?
Lexington Law specializes in removing inquiries and other negative marks on your credit report. With more than 18 years of experience, they achieved over 6 million removals for their clients in 2021 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 struggling with bad credit and want to learn more, consider a free credit consultation with Lexington Law.
They have helped many people in your situation. Give them a call at (800) 220-0084 to see what they can do for you.
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