Hello, I am new to this forum, I have a chapter 7 which is 1 year and 11 months old and am trying to rebuild my credit. I already got approved for a few credit cards and see my credit score skyrocketing up.
My problem is that in the middle of Feb. I got an alert from Equifax about an inquiry from Capital one which i didn't initiate, it was someone from a different state. I called Capital one the same day and they said that it they will put it in the fraud division and decline it.
I have been on the phone with them (Capital One) a few times a week trying to get the Inquires removed from the 3 CRAs and everytime I get different answers and that they are working on it. My question is that I heard once the CRAs get the info. from Capital one that all 3 will put a CRA initiated fraud alert that is a nightmare to remove not like a consumer initiated Fraud alert. I am kind of nervous about this because I am trying to rebuild my credit and might as well say goodbye to pre-approvals and any new credit.
Does anyone have any info about CRAs initiated Fraud alerts? Can I get them removed if they are placed? Will it be mandatory that the CRAs do that when they hear from Capital one?
Thank you in advance for any advice!