What is LEXISNEXIS/INS/P&C?
LEXISNEXIS/INS/P&C is an abbreviation for LexisNexis/Insurance/Property & Casualty. It may appear on your credit report as a hard inquiry, typically when you apply for insurance coverage.
LexisNexis is a consumer reporting agency that provides data solutions to businesses and governments, aiding them in predicting and managing risk.
What does LexisNexis do?
LexisNexis caters to a wide range of clients, including banks, financial institutions, insurance carriers, healthcare providers, government agencies, law enforcement agencies, and non-profit organizations. By offering data solutions, they help these clients make informed decisions and better manage potential risks.
Hard Inquiries vs. Soft Inquiries: Know the Difference
Hard Inquiries
A hard inquiry occurs when a lender or creditor checks your credit as part of an application process for new credit. This can be for various types of credit applications, such as mortgages, loans, credit cards, and insurance policies. While hard inquiries may only drop your credit score by a few points, having too many in a short period can negatively impact your credit score.
Soft Inquiries
Soft inquiries, on the other hand, typically happen when a company checks your credit history for a background check, or when a lender or credit card issuer prequalifies you for an offer. These inquiries don’t affect your credit scores and are not visible to other potential creditors.
How long do hard inquiries stay on your credit report?
Regardless of whether your application is approved, a hard inquiry from LexisNexis will stay on your credit report for up to two years. These inquiries are recorded by one or more of the three major credit reporting agencies: Equifax, Experian, and TransUnion.
Dealing with Unauthorized Inquiries
If you see an unfamiliar inquiry on your credit report, or if you’re certain you didn’t initiate the inquiry, contact LexisNexis and ask for an explanation. The creditor’s name should be listed under the hard inquiry section of your credit report.
LexisNexis Contact Information
Address:
LexisNexis
230 Park Ave., 7th Fl.
New York, NY 10169
Phone number: (800) 543-6862
Removing LEXISNEXIS/INS/P&C from Your Credit Report
If you need assistance in removing inquiries or other negative marks on your credit report, consider reaching out to Credit Saint. They can help you dispute and possibly remove various negative items, such as late payments, collections, charge-offs, foreclosures, repossessions, and bankruptcies.
Take the First Step Toward Better Credit Today
If you’re struggling with a poor credit score and want to learn more about improving it, consider a free credit consultation with Credit Saint. They have helped many people in similar situations, and you can visit their website and complete the online form to see how they can assist you.
Ready to Raise Your Credit Score?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
Crediful is your go-to destination for all things related to personal finance. We're dedicated to helping you achieve financial freedom and make informed financial decisions. Our team of financial experts and enthusiasts brings you articles and resources on topics like budgeting, credit, saving, investing, and more.
