What is MicroBilt?
MicroBilt is a consumer reporting agency and leading provider of alternative credit data, risk management, and identity verification services. They cater to businesses in various industries, including finance, lending, collections, insurance, and background screening.
They provide businesses with accurate and comprehensive data, which enables them to make informed decisions when extending credit or providing services to consumers.
MicroBilt’s products and services include consumer and commercial credit reports, background checks, employment screening, and more. They also offer alternative credit data, which can help businesses assess the creditworthiness of consumers who may not have a traditional credit history or who have thin credit files.
The Difference Between Hard and Soft Inquiries
Hard Inquiries and Their Impact
Hard inquiries have a relatively small impact on your credit score. They usually only cause a drop of a few points. However, having multiple hard inquiries in a short period can signal to potential lenders that you are seeking credit aggressively, which could make you appear to be a higher risk.
Soft Inquiries and Why They Matter
Soft inquiries, on the other hand, provide a snapshot of your credit history without impacting your credit score. They are not visible to other lenders, so they won’t negatively affect your ability to obtain credit in the future. Soft inquiries can also help you monitor your credit health and stay informed about any potential changes in your credit report.
How long do hard inquiries stay on your credit report?
Regardless of the outcome of your application with MicroBilt, the hard inquiry will stay on your credit report for up to 2 years. Every time you initiate an inquiry, it can be documented by one or more of the three primary credit bureaus: Equifax, Experian, and TransUnion.
Addressing Unauthorized Inquiries on Your Credit Report
If you come across a credit inquiry on your report that seems unfamiliar, or if you’re certain you did not initiate the inquiry, address it promptly. Reach out to MicroBilt directly for more information. You will find the name of the creditor associated with this inquiry in the “Hard Inquiries” section of your consumer credit report.
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?
Credit repair specialists, such as Credit Saint, are skilled in addressing inquiries and other negative items on your credit report. Under the Fair Credit Reporting Act (FCRA), you are entitled to dispute any inaccuracies on your credit report, including unauthorized inquiries.
A credit repair company can assist you in the process of challenging and potentially removing various negative entries, including:
- late payments
- collections
- charge offs
- foreclosures
- repossessions
- bankruptcies
Take Action to Improve Your Credit Score
If you’re dealing with bad credit and want to explore your options, consider a complimentary credit consultation with Credit Saint. They have successfully helped numerous individuals facing similar challenges.
To find out how they can assist you, visit their website and complete the provided form. Don’t let past financial missteps hold you back – seize control of your financial future today!
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