Definitions for "Credit Inquiry" Add To Word List
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An indication of a credit investigation made by a company that is considering granting credit to a person who appears on the credit report.
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an item on a credit report that shows a business with a "permissible purpose" (as defined under the federal Fair Credit Reporting Act) has previously requested a copy of the report
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an item on the credit report that shows that a business has requested a copy of the report before
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a notation made on your credit report when a business pulls your credit report
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This is a request from some institution to access one form or another of your full credit report from one or more of the CRCs. By law (namely the FCRA), it can only be done for a "permissible purpose". Basically, this amounts to your asking to begin or continue a business relationship with the institution.
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A credit report request on a physical and/or legal entity.
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