What is NTB/CBNA?
NTB/CBNA is a credit report code that stands for National Tire and Battery/Citibank North America.
You may see NTB/CBNA on your credit report as a hard inquiry. This usually happens when you apply for a National Tire and Battery credit card.
The Impact of Hard Inquiries on Your Credit Score
When you apply for the National Tire and Battery credit card or any other type of credit, the lender typically performs a hard inquiry on your credit report. This process involves reviewing your credit history to determine your creditworthiness. Although hard inquiries can slightly lower your credit score, having too many in a short period can cause more significant damage.
Soft Inquiries: A Less Intrusive Credit Check
In contrast, soft inquiries are less invasive credit checks that do not impact your credit score. These may occur during background checks, prequalification for credit card offers, or when an existing creditor reviews your credit situation.
How long do hard inquiries stay on your credit report?
Regardless of whether you are approved for the National Tire and Battery credit card, the hard inquiry will stay on your credit report for up to two years. These inquiries are recorded by one or all of the three major credit reporting agencies: Equifax, Experian, and TransUnion.
Dealing with Unauthorized Inquiries
If you find an inquiry you don’t recognize or are certain you didn’t initiate, it’s essential to contact Citibank immediately. The creditor’s name should be listed under the hard inquiry section on your credit report. They can provide additional information and help resolve any issues related to unauthorized inquiries.
Removing NTB/CBNA and Other Negative Marks from Your Credit Report
Companies like Lexington Law specialize in removing inquiries and other negative marks on credit reports. With over 18 years of experience, they have successfully removed millions of items for their clients. They can also help dispute and potentially remove late payments, collections, charge-offs, foreclosures, repossessions, and bankruptcies.
Improve Your Credit with Professional Help
If you’re struggling with bad credit and need assistance, consider a free credit consultation with a reputable company like Lexington Law. They have helped many people in similar situations and can provide tailored advice to improve your credit score.
Visit their website and fill out the form to see how they can help you on your journey to better credit.
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