What is Clarity Services on your credit report?
Clarity Services, Inc., a subsidiary of Experian, specializes in providing credit checks for alternative financing services, particularly for lower-income and subprime consumer markets. In addition to credit reporting, Clarity Services offers check cashing protection systems and identity verification services. If you have a limited or non-existent credit history, Experian’s Clarity Services, Inc. uses alternative data, beyond traditional credit scores, to help you get approved for credit.
Why Clarity Services Appears on Your Credit Report
When you apply for credit, especially through lenders who cater to subprime markets, Clarity Services may perform a credit check, resulting in a hard inquiry on your credit report. This can happen when you apply for various types of credit, including loans or credit cards, through institutions that use Clarity Services for their credit checks.
The Impact of Clarity Services Hard Inquiries on Your Credit Score
A hard inquiry from Clarity Services occurs when a lender checks your credit report to evaluate your creditworthiness. Although a single hard inquiry may only cause a slight dip in your credit score, having multiple inquiries in a short period can have a more significant impact. These inquiries can suggest to potential lenders that you may be experiencing financial difficulties.
How Long Clarity Services Inquiries Stay on Your Credit Report
Hard inquiries from Clarity Services can remain on your credit report for up to two years. These inquiries are recorded by major credit reporting agencies, including Equifax, Experian, and TransUnion. While their impact on your credit score diminishes over time, it’s important to monitor and manage hard inquiries to maintain a healthy credit profile.
Addressing Unauthorized Clarity Services Inquiries
If you find a Clarity Services inquiry on your credit report that you don’t recognize or didn’t authorize, it’s important to act quickly. Start by contacting Clarity Services to verify the inquiry. If you suspect identity theft or believe the inquiry is unauthorized, consider placing a fraud alert on your credit reports. Unauthorized inquiries can negatively affect your credit score, so addressing them promptly is crucial.
Clarity Services, Inc. Contact Information
Mailing Address:
Clarity Services, Inc.
P.O. Box 5717
Clearwater, FL 33758
Phone number: (866) 390-3118
Can Clarity Services be removed from my credit report?
If you believe the Clarity Services inquiry on your credit report is unauthorized or incorrect, you can dispute it directly with the credit bureaus. For those who prefer assistance, credit repair companies like Credit Saint specialize in removing inaccurate inquiries and other negative items from credit reports. They can also help with late payments, collections, charge-offs, foreclosures, repossessions, and bankruptcies.
Take Action Today: Remove Inquiries and Improve Your Credit
Take Action Today: Remove Inquiries and Improve Your Credit
If you’re dealing with bad credit and want to improve your credit score, consider a free consultation with Credit Saint. With a proven track record of helping people in similar situations, they can guide you on the path to better credit. Visit their website and fill out the form to see how they can assist you.
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