MyCRA lawyers reveals

Credit Enquiries  – How They Affect Your Credit Score

(And How Just One Particular Credit Enquiry Can Be Very Bad News For Your Finance Application) 

By now, you might have heard that your credit application can be declined for a variety of reasons such as Insufficient income or assets, or excessive expenses, and debts.

It’s also commonly known that defaults, court judgments, and court writs can also cause your loan application to be declined. But there’s another sinister demon lurking amongst your credit score – deeming you a high credit risk.


The number (and type) of enquiries you’ve made is becoming more and more the sole reason why many loans are being declined by prudent lenders in the current tighter money environment. Many consumers are unaware of how quickly these can add up, what number is too many, and more importantly, what to do if you encounter this problem.

Credit enquiries can add up very quickly.  Some of your ordinary actions may count as a credit enquiry, such as:

  • getting a new phone

  • upgrading your existing phone

  • getting the power or gas put on

  • signing up for Pay TV

  • making online credit card enquiries

  • making online personal loan applications

  • enquiring about ‘in store’ credit for a new TV, Washing Machine etc.

  • enquiring about ‘interest free’ credit instore or online

  • asking about a limit increase or balance transfer on your credit card.

Approved or Declined – It doesn’t matter… The enquiry is probably still recorded and held against you as a credit enquiry!

It’s easier to see now, just how quickly an individual can rack up enquiries.

Did you know that four credit enquiries in the last six months or just six credit enquiries in the past 12 months can deem you a ‘Bad Credit Risk’ to many lenders? So, just getting a new phone could be enough to ensure your next credit enquiry or loan application is declined.


That’s right – If you shop around for the best deal, each phone company can check your credit file and each one adds another credit enquiry to your credit report.


If you’re applying for a mortgage, this can often result in more than one credit enquiry.

One when the application was initially assessed by the bank or mortgage broker, and again when the loan is ready to be formally approved. In some instances, if the loan application process extends over a longer time, or the details on the application are changed or amended because your circumstances changed, or you found a different property, more enquiries could be added. We have seen as many as 9 credit enquiries from one mortgage application.

Worse still, if you’ve made an enquiry for credit with a lender commonly referred to as a ‘Payday Lender’, you’re likely to be automatically declined and refused credit instantly from most mainstream lenders.

There Is Good News…

MyCRA Lawyers often finds credit enquiries to be deemed ‘unreasonable’ or ‘unnecessary’ or ‘unsubstantiated’ and many of these credit enquiries can be removed. MyCRA [Credit Repair] Lawyers are widely known as the best of the best for all matters relating to credit reporting. This includes credit repair, credit score improvement, financial reputation restoration and the removal of black-marks, defaults, judgments, writs, clearouts and credit enquiries.

Mr. Graham Doessel, Founder and Chief Executive Officer of MyCRA Lawyers says that “any credit-related listing which should not have been placed on an individual’s credit file can and should be removed, even as a matter of principle”. Graham says, “even though these may not affect you right now, they most definitely can and will affect you in the future.”

If you suspect that you might be in danger of having either blemishes or too many credit enquiries on your credit report, contact MyCRA Lawyers today on 1300 667 218 to check your credit score and if necessary, take the most appropriate action to correct and restore your creditworthiness.


MyCRA lawyers has successfully removed defaults, credit enquiries, Judgments, writs, clearouts or other black marks from most creditors including, Optus, Telstra ANZ, Vodafone, NAB, Credit Corp, Lion Finance, Pioneer Credit, ACM Group, Flexirent, Bartercard, Westpac, CBA, Commonwealth Bank, Bank of Queensland, BoQ, WBC, St George, Panthera Finance, Citibank, Origin Energy, GE Capital, Latitude, Suncorp, State Mercantile, Axess Debt Management, Coogan Stores, AMEX, Elgas, Energy Australia, Integral Energy, Bankwest and so many more.

And MyCRA Lawyers has helped clients from all over Australia including but not limited to Brisbane, Sydney, Melbourne, Canberra, Hobart, Adelaide, Perth, Darwin, Townsville, Mackay, Rockhampton, Gladstone, QLD, WA, NT, SA, VIC, TAS, ACT, NSW, Wagga, New castle, Bundaberg, Aberfeldie, Aberglasslyn, Alberton, Alexandria, Allingham, Allora, Araluen, Arundel, Ashmore, Aspley, Atwell, Australind, Aveley, Avondale Heights, Bakewell, Baldivis, Beckenham, Belair, Belfield, Bellbowrie, Benneets Springs, Berwick, Bexhill, Blackwater, Bohle Plains, Bolder Kalgoolie, Bondi Beach, Boondal, Boondall, Boronia Heights, Bowen Hills, Bracken Ridge, Bray Park, Brighton, Brinsmead, Brisbane, Broadbeach, Brooklyn Park, Brookvale, Brunswick East, Bunbury, Caboolture, Calamvale, Camp Hill, Carrara, Casey, Cashmere, Caulfield South, Chermside West, Chester Hill, Claremont, Clarkson, Clayton South, Cleveland, Clounes, Clyde North, Collaroy, Collingwood Park, COOLAROO, Coolum Beach, Craigieburn, Cranbourne East, Cranbourne West, Cremorne, Currajong, Dalby, Downer, Drewvale, Drouin, Dudley, Earlwood, East Bentleigh, East Cannington, Eight Mile Plains, Elderslie, Ellanora, Ellenbrook, Endeavour Hills, Epping, Epsom, Eschol Park, Evatt, Fassifern, Ferny Grove, Fishery Falls, Fitzgibbon, Five Dock, Flinders View, Forrestfield, Fortitude Valley, Fulham, Fullarton, Geebung, GEELONG, Gippsland, Girraween, Glen Waverly, Glenelg, Glengowrie, Glenhaven, Gold Coast, Golden Beach, Goonellabah, Gosnells, Grasmere, Greenvale, Gulgong, Halls Head, Hamilton South, Hampton Park, Happy Valley, Hassall Grove, Havelvean Road, Hawthorne, Hazelwood Park, Heathmont, Hemmant, Hillbank, Hope Island, Hove, Howrah, Ingle Farm, Ivanhoe, Jimboomba, Kalamunda, Kangaroo Point, Kearneys Spring, Kelmscott, Kenmore, Kensington Gardens, Kenwick, Kewarra Beach, Kingston, Koondoola, Labrador, Launceston, Jovermay, Launching Place, Lawnton, Leichart, Lennox Head, Little Bay, Littlehampton, Logan Reserve, Logan Village, Londonderry, Macgregor, Mackenzie, Maddington, Manly, Marshall, McGraths Hill, Meadow Heights, Melton, Menai, Merrimac, Middle Park, Millbridge, Moorebank, Mooroolbark, Mordialloc, Morphett Vale, Mosman, Mount Gravatt, Mount Nathan, Mount Waverley, Mountain View, Mt Alford, Mulgrave, Mulgrave, Murrumba Downs, Murwillumbah South, Mylor, Mysterton, Nahrunda, Narre Warren East, New Auckland, New Farm, Nickleham, Niddrie, Noble Park, Nollamara, North Lambton, North Mclean, North Paramatta, Oakleigh East, Ocean Grove, Old Beach, Ormea, Pacific Pines, Pallarenda, Palmerston, Parafield Gardens, Parkes, parkwood, Parramatta, Parrearra, Peppermint Grove, Pittsworth, Point Cook, Point Lonsdale, Prahan, Punchbowl, Quakers Hill, Quaker’s Hill, Ramsgate Beach, Ramwick, Rangeville, Redbank Plains, Redcliffe, Redland Bay, Regents Park, Rhodes, Richlands, Ringwood, Robina, Rochedale South, Rokeby, Ropes Crossing, Roseworthy, Rothwell, Rowville, Royal Park, Ruse, Safety Beach, Samford Valley, Sanctuary Cove, Scone, Seaholme, Seaview Downs, Seddon, Slacks Creek, South Tweed heads, South Yarra, Southport, Springbrook, Springfield Lakes, St George, St James, St Kilda East, Stafford, Stafford Heights, Success, Sunnybank, Sunshine West, Surfers Paradise, Syzehanar, Tallebudgera, Tambar Springs, Tarneit, Taylors Flat, Templestowe, Thornlands, Toowong, Torquay, Traralgon, Trigg, Trinity Park, Tuggerawong, Underwood, Upper Coomera, Upper Mt Gravatt, Varsity Lakes, Victoria Point, Wacol, Wallen, Warragamba, Warrawong, Warriewood, West Sunshine, Westmead, Whale Beach, Whittington, Wiangaree, Wickham, Willaston, Willetton, Wilson, Wishart, Wombarra, Woronora Heights, Wyoming, Yanco, and so many more…