THD CBNA: Is It Hurting Your Credit Score – Know Few Things

THD CBNA: Is It Hurting Your Credit Score – Know Few Things

Are you applying for a credit card? Did you already apply for it? Credit cards are an important part of our life. More importantly, there are certain times where cash is useless and we have to use credit cards. However, most of the finance experts asked us not to use credit cards.

Furthermore, the main reason is that most of us do not know how to use credit cards, and not to mention, we all end up in debt. If you know how to use a credit card responsively, you will be in a much better position to pay off a credit card than a debit card.

Therefore, if you keep your transaction at a minimum level, you will be in a much better position to use credit cards. Similarly, you may have noticed that whenever you apply for a credit card your credit score matters. In addition, Whenever you apply for a new credit card, a new account on your credit report is listed. Most probably it is listed as THD CBNA. In addition, it means that CitiBank has applied for a credit inquiry in your name.

Why does credit score matter?

In the first place, the banks or lenders must check how good your creditworthiness is. In case you have applied for credit in terms of the card, loans, mortgages, auto loan your lender is supposed to ask for such details. Moreover, this checking leads to assigning interest rates and terms upon approval of your loans.

In like manner, some landlords or insurance companies also ask for such checking of credit score. So, as you have a good credit score, it conveys a positive signal towards the approval of your loans too. In addition, it also proves your overall trustworthiness through THD CBNA.

How does THD CBNA credit card work?

There are two main scoring agencies like FICO and VantageScore. In addition, they may ask for information about your credit from three credit bureaus as Equifax, Experian, and TransUnion. Correspondingly, your score may vary as a credit score will be applied based on various scoring techniques. It is up to lenders who choose the scoring technique to calculate your creditworthiness. Sometimes it can be specific to the loan type. Furthermore, your account may get THD CBNA inquiry.

As a matter of fact, nearly one-third of your credit score depends on the owing amount and combination of your total debt. “Credit utilization” showcases whether you are able to manage your finances or not. Correspondingly, it means if your score is high, most likely you will not be able to pay off your debt quickly. Similarly, a low score shows that you can pay off by regular intervals.

What is CBNA?

You might be wondering what is CBNA THD? Whenever you apply for credit from such a financial institution, they always look into your past details which show your history of money lending. Of course, you probably may not have heard this thing before and several questions are racing on your mind. As a matter of fact, it is all about the hard inquiry initiated by CitiBank.

Now the interesting part is that if you have applied for a credit card, you do not need to be worried about the THD CBNA report. Home Depot has three different types of retail cards which are offered by financial institutions like CitiBank. There are other retail stores like Best Buy, L.L. Bean, ExxonMobil, and Shell which also issue cards where CBNA is mentioned.

What is a hard inquiry in the THD CBNA credit card?

This is a code for a credit report. It is normally initiated and authorized by The Home Depot/Citibank North America. However, if you do not apply for it and they have initiated some inquiries, then it is something more serious. Of course, try to find out more about what THD CBNA CREDIT CARD is all about and what an inquiry may mean.

Furthermore, this thing only happens when you apply for a credit card which is issued by Home Depot and Citi.CBNA is all about CitiBank North America which is one of the biggest and largest issuers of credit cards in entire North America. The best thing is that through this inquiry, they follow up on your financial desires and lending capacity as well as trustworthiness.

How long may you face hard inquiry in CBNA on a credit report?

In case of hard inquiry, it can remain on your credit card for over two years. Additionally, it is recorded each time you inquire. It is made by all three major credit bureaus – Equifax, Experian, and TransUnion. However, a single inquiry like THD CBNA does not always impact your CBNA credit card. Comparatively, if you have two or more credit inquiries within 2 years, you can stay aware of the damage that it can cause.

What is a soft inquiry for THD CBNA credit card?

Comparatively, a soft inquiry is made normally without your permission. When a creditor checks your score without your acknowledgment, you may not see THD CBNA against your account.

As a matter of fact, this is more like a lender who has initiated some inquiry because you have asked for some pre-approval quote.

You do not need to apply for a loan in such a case. Uniquely, soft inquiries can be done anytime even just to check your current credit situation. However, it has no impact on your credit score as such.

What are the ways to remove hard inquiry on CBNA credit?

There are over three different types of The Home Depot retails credit cards as we mentioned before. Furthermore, it is not possible to remove the hard inquiry from reports. Likewise, after two years of inquiry, it should automatically be wiped out from the report. Now the main problem remains with the THD CBNA unauthorized hard inquiry which is stressful. Let’s find out some strategies to solve your problem.

Few steps which might be helpful to protect yourself from unauthorized THD CBNA CREDIT CARD inquiry:

There are a few steps that might be helpful to protect yourself. Follow the few steps which might answer your problems.

1. Get proof of authorization

In the first place, you have to check out the legitimacy of the hard inquiry. There are many cases where illegitimate CBNA credit card inquiry occurs.As a matter of fact, in this digital era, identity fraud is not a new thing and it leads exactly towards it. You should always contact the company that has pulled credit by your name. Moreover, if you have authorized the credit, you can always ask for proof.

2. Report your fraud during CBNA THD credit card inquiry

Always try to report anything which you feel is suspected as fraud. Moreover, you can go through the Federal Trade Commission’s website where you can report the suspected problem. In addition, you can also file a police report. Furthermore, try to freeze your account from further abuse from fraudsters.

 Thus, you can secure your personal financial information from fraudsters. Try to contact some of the credit bureaus who are responsible for CBNA THD credit card inquiry too. However, you should keep in mind that you cannot get approval for any new financial product. Though it will not affect much but the fraudsters.

3. Speak to credit bureaus

The Federal Trade Commission is the place where you can submit documentation. Furthermore, you can ask them to freeze your credit report. Having said that additionally, you can speak to each credit bureaus to get a free alert from them. In the first place whenever you have a disputed inquiry regarding credit score, credit bureaus should always investigate and try to remove inaccurate information. In like manner, if you have applied for any of Home Depot’s credit cards, THD CBNA might be attached with your credit card.

For authorized users of  THD CBNA CREDIT CARD

Unlike other credit cards, CBNA on credit reports might be a positive sign for authorized users. Correspondingly, when your primary account holder has a good credit score and if you get added to an account of an authorized user, you can certainly build a credit score. Thus you will not be responsible for repaying the debt as well as you can purchase up to the credit limit of the primary account holder. However, there is a downside.

In case the primary person responsible for paying debt misses the payment deadline or uses more than authorization, your credit score can be affected. In the first place, if there is a mistake where you got a THD CBNA account inquiry but you have not asked for a CBNA credit card, you can ask to remove it. Additionally, it will be ideal for people to check their credit scores regularly.

Try to grow CBNA credit with a positive attitude

  • In the first place, people should not be worried about poor credit as well as good credit especially when CBNA on credit report is being checked.
  • In like manner, try to maintain habits that show a positive attitude towards a credit score.
  • Likewise, if you carry on, your credit score can grow over time.
  • As per the report, if you can pay off your balance, your credit utilization will be always low.
  • Similarly, try to keep the credit utilization ratio under 30%.
  • Correspondingly, in the best possible scenario, try not to use too many credit cards.
  • Together with that, skip the tendency to close old credit cards.
  • Furthermore, do not forget to check inconsistencies in your account regularly.
  • You are entitled to get credit reports from all three major credit bureaus.
  • As far as unauthorized CBNA credit is concerned, report potential fraud with an immediate effect.
  • Also, you can place a 90 days fraud alert for free.
  • If you are sure that the THD CBNA inquiry is legit, you can proceed towards the next step to restore your credit score.
  • Uniquely, you can see some negative scores after CBNA hard inquiry.
  • Do not worry as it is normal; In case you have more than one hard inquiry in a year, it happens.

Try to understand CBNA credit card utilization

When you are considering credit utilization, your debt is not included. As a matter of fact, when banks calculate after invoking THD CBNA, your non-revolving debt is left out.  In addition, most of the single event loans such as mortgage or auto loan are also included. Likewise, credit utilization considers only revolving credit. As a matter of fact, revolving credit can be borrowed anytime. Additionally, sometimes it includes credit from banks or retailers.


It is a huge milestone when you get your first credit card. However, you just have to know how you can handle your credit card skillfully. Moreover, CBNA THD credit cards can hurt you financially if you do not know how to use that. Additionally, credit cards are best for those who can deal with financial problems in a more disciplined way. Uniquely, as CitiBank is one of the largest issuers of credit cards and their market share is huge, the CBNA on credit report matters a lot.

The bottom line is that in case you have applied for cards and an inquiry is issued then you do not need to worry. However, if you have not applied, but still got a letter from the CBNA institution, try to protect your identity. Hence, whenever you have THD CBNA on your credit history, instead of being scared, you just try to follow the above-mentioned tips.    


1. What does THD/CBNA stand for?

It is called The Home Depot/Citibank North America

2. Why is CBNA THD on my credit report?

In case you have applied for a retail credit card from The Home Depot, it may appear

3. How do I contact THD CBNA?

You can contact customer service for your Home Depot credit card.

4. How do I deal with CBNA fraud?

 You need to contact credit bureaus who are responsible for dealing with fraud

5. How long can you place free alerts?

you can place a 90 days fraud alert for free.

6. Should I be worried about the hard inquiry?

No, if you have a legit and authorized inquiry, you do not need to worry.

7. How can I get rid of CBNA THD?

Always build a good credit utilization score to be secured.

8. Should I be worried after I see negative scores after CBNA THD hard inquiry?

No, you should not be worried as it is normal.

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