Is Equifax Mortgage Services hurting your credit score?
Credit Saint has successfully assisted countless clients in removing inaccurate and questionable credit inquiries from their credit reports.
Equifax Mortgage Services is a division of Equifax, one of the three major credit reporting agencies in the U.S. This division specializes in providing mortgage-related services and products to lenders and mortgage service providers. The goal is to help lenders evaluate creditworthiness and streamline the mortgage application process for both borrowers and lenders.
Equifax Mortgage Services may appear on your credit report as a hard inquiry. This usually happens when you apply for a mortgage, and the lender uses Equifax’s services to assess your creditworthiness. You might also see it listed under different names such as ‘EMS,’ ‘Equifax MTG,’ ‘Equifax Mortgage Servi,’ ‘EMS LACS,’ or ‘EMS Atlanta.’
A hard inquiry from Equifax Mortgage Services occurs when a lender checks your credit as part of a mortgage application. While a single hard inquiry may cause a minor drop in your credit score, having multiple inquiries within a short time can have a larger effect. Lenders may view several inquiries as a sign of increased financial risk.
Hard inquiries, including those from Equifax Mortgage Services, can remain on your credit report for up to two years. These inquiries are recorded by the major credit reporting agencies—Equifax, Experian, and TransUnion. Over time, the impact of hard inquiries diminishes, with the most noticeable effect occurring within the first year.
If you notice an Equifax Mortgage Services inquiry on your credit report that you don’t recognize or didn’t authorize, it’s essential to investigate. Start by contacting Equifax Mortgage Services to verify the reason for the inquiry. If the inquiry was not authorized, you can dispute it with the credit bureaus to have it removed, which will help protect your credit score.
Address:
Equifax Mortgage Services
One E. 22nd St. #620
Lombard, IL 60148-4984
Phone number: (800) 374-2179
If you believe that the Equifax Mortgage Services inquiry on your credit report is unauthorized or incorrect, you can dispute it directly with the credit bureaus. If you need assistance, credit repair companies like Credit Saint specialize in disputing and potentially removing inquiries and other negative items, such as late payments, collections, charge-offs, foreclosures, repossessions, and bankruptcies.
If hard inquiries or other negative marks are affecting your credit score, consider reaching out to Credit Saint for a free consultation. Their expertise can help you address these issues and work toward a stronger credit profile. Visit their website to learn more about their services and how they can assist you in improving your credit history.
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