What is TD Bank Target?
When reviewing your credit report, you might come across codes like TD Bank Target, TD Bank USA Target, or TARGET/TD. These codes are indicators that you have a Target credit card issued by TD Bank. Target’s store credit card, known as the Target Circle Card, offers various benefits, including discounts and free shipping for its cardholders.
How Applying for a Target Circle Card Affects Your Credit
Applying for a Target Circle Card can lead to a hard inquiry on your credit report, as TD Bank conducts a credit check to determine your eligibility. This is a standard part of the application process for most credit cards.
It’s important to be aware that hard inquiries can have an impact on your credit score. If you apply for multiple credit cards or loans within a short period, the cumulative effect of these hard inquiries can more significantly lower your score.
How long do hard inquiries from TD Bank Target stay on your credit report?
Once TD Bank places a hard inquiry on your credit report, it remains there for up to two years. Whether your application for the Target Circle Card is approved or denied, this inquiry will be recorded by one or more of the major credit reporting agencies: Equifax, Experian, and TransUnion.
Handling Unauthorized Inquiries from TD Bank Target
If you spot an unfamiliar hard inquiry on your credit report that you didn’t authorize, it’s essential to address it promptly. Contact TD Bank to inquire about the details of the inquiry. Ensuring that only legitimate inquiries appear on your report is crucial to maintaining a healthy credit score.
Can TD Bank Target inquiries be removed from your credit report?
In some cases, you may be able to remove unauthorized or incorrect inquiries from your credit report. Credit repair companies like Credit Saint specialize in helping clients dispute such inaccuracies and potentially remove other negative items, such as:
- late payments
- collections
- charge offs
- foreclosures
- repossessions
- bankruptcies
Improving Your Credit with Expert Assistance
If you’re concerned about the impact of hard inquiries or other negative marks on your credit report, seeking professional help might be the best step forward. Credit Saint offers free credit consultations and has helped many individuals improve their credit scores by addressing inquiries and other issues on their credit reports.
To learn more about how they can assist you, visit their website and fill out the consultation form. Taking proactive steps now can help you work towards a better credit future.
Ready to Clean Up Your Credit Report?
Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.
