What is TBOM/TFC?
TBOM/TFC is a credit report code that stands for The Bank of Missouri/Tidewater Finance Company.
TBOM/TFC may be on your credit report as a hard inquiry. This usually happens when you apply for credit or financing.
Hard inquiries on your credit report 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.
How long do hard inquiries stay on your credit report?
Hard inquiries can remain on your credit report for up to two 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.
Can TBOM/TFC be removed from my credit report?
If you want to remove TBOM/TFC from your credit report, you have a few choices to consider. One of them is to initiate a dispute with the credit reporting agency to challenge the hard inquiry. This process entails composing a dispute letter that delineates why the inquiry is incorrect and demanding its deletion from your credit report.
While this option may work, it could be a laborious and time-consuming endeavor that may not yield the desired results.
Another alternative is to partner with a credit repair firm such as Lexington Law, which focuses on expunging negative marks from credit reports. With over 18 years of experience in this field, they’ve facilitated more than 6 million removals on behalf of their clients in 2021 alone.
They can also help you dispute (and possibly remove) the following items:
- late payments
- collections
- charge offs
- foreclosures
- repossessions
- bankruptcies
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.
