What is MicroBilt?
MicroBilt is a consumer reporting agency known for providing alternative credit data, risk management, and identity verification services. They cater to various industries, including finance, lending, collections, insurance, and background screening. MicroBilt’s services help businesses make informed decisions by offering detailed and accurate credit-related information.
How MicroBilt Works
MicroBilt collects and compiles credit data from a wide range of sources, including banks, credit card companies, and other financial institutions. They create comprehensive reports that include information about an individual’s borrowing history, outstanding debts, and recent credit inquiries. These reports are essential tools for lenders and other businesses to assess credit risk and make lending decisions.
The Role of MicroBilt in Credit Checks
When you apply for credit through a lender that uses MicroBilt, a hard inquiry might be placed on your credit report. Hard inquiries can slightly lower your credit score, particularly if you accumulate several within a short period. On the other hand, soft inquiries, which occur during routine credit checks or prequalification processes, do not impact your credit score.
How Long MicroBilt Hard Inquiries Stay on Your Credit Report
Regardless of whether your credit application is approved, hard inquiries initiated by MicroBilt will remain on your credit report for up to two years. These inquiries are recorded by one or more of the three major credit bureaus: Equifax, Experian, and TransUnion. Over time, the impact of these inquiries on your credit score lessens until they eventually disappear.
Addressing Unauthorized MicroBilt Inquiries
If you discover a MicroBilt inquiry on your credit report that you don’t recognize, it’s crucial to address it promptly. Contact MicroBilt directly to investigate the inquiry. Unauthorized inquiries could indicate potential fraud or errors, so it’s essential to act quickly to protect your credit.
MicroBilt Contact Information
Mailing address:
MicroBilt
1640 Airport Rd. Suite 115
Kennesaw, GA 30144
Phone number: (800) 884-4747
To request your MicroBilt consumer report:
MicroBilt
Attn: Consumer Affairs Department
P.O. Box 440693
Kennesaw, GA 30160
Phone: (888) 222-7621 or
Phone: (800) 884-4747, option #5
Can MicroBilt inquiries be removed from my credit report?
If you believe that a MicroBilt inquiry is unauthorized or inaccurate, you have the right to dispute it under the Fair Credit Reporting Act (FCRA). Credit repair companies like Credit Saint can assist you in challenging these inquiries and potentially removing them from your credit report. They specialize in dealing with negative items such as late payments, collections, charge-offs, and bankruptcies.
Take Action to Improve Your Credit
Improving your credit score can open up new financial opportunities. If you’re dealing with issues related to credit inquiries or other negative marks on your report, consider a consultation with a reputable credit repair service like Credit Saint.
They can provide guidance and support in improving your credit health. Visit their website, fill out the form, and take the first step toward better credit management today.
Ready to Repair Your Credit?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
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