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If you’re already using the ‘bumping‘ strategy of pulling your credit report regularly to eliminate hard inquiries, then you may have noticed this process takes a LONG time. It can take three months to see any results from pulling your credit report once a day.

Why not pull several times a day? All it takes is using multiple services to pull your credit score daily, and you can bump your hard inquiries in a fraction of the time. Here is a list of credit monitoring services that allow daily pulls:

• Service…………………………………………………..Pulls from………………………….Cost
• National City Identity Protect ………………..(Pulls all 3 bureaus)……………..$9/month
• Credit Karma ………………………………………(Pulls Trans Union only)………..Free
• Privacy Matters 123 …………………………….(Pulls all 3 bureaus)………………$30/year
• Truecredit ………………………………………….(Pulls all 3 bureaus)……………..$15/month

This list is not comprehensive, and is subject to change, but you get the idea, for about $55, you can remove hard inquiries from your credit report in 30 days or less.  Again, this does not work with Experian, but does work with Trans Union and Equifax.

Viva la bumpage.

A few days ago, when I was talking about bumping hard inquiries off your credit report, I mentioned choppage. Choppage is when soft inquiries are cut off of your credit report (usually in a large block). The soft inquiries are good, because they fill the spaces of your hard inquiries. So, you can see why choppage can harm your efforts to bump hard inquiries.

Choppage typically happens when there is a long line of identical pulls on your credit report. So, if you’ve been using national city, like mentioned in the bumpage post, and you have 60 days worth of pulls with nothing in between, your credit file may get chopped.

One potential way to avoid a chopped credit profile (and speed up the bumping process) is to pull from a few sources. CreditKarma pulls Trans Union, you can update daily, and best of all, its free. Truecredit.com allows daily pulls (all 3 bureaus), and is $15/month. Privacymatters123 allows daily pulls (all 3 bureaus), and is $30/year.

Probably the best way to avoid choppage is to take a break from pulling your credit report every once in a while.

Mound of money is just getting started.  Our goal is to show you how to spend a little and dave a lot!