Saar, Just thought you might like a little proof that puts the lie to CRA statements like "inquiries are a matter of fact and we cannot delete them." Here in California, the Consumer Credit Reporting Agencies Act requires CRAs to delete inquiries in the case of identity theft. So, when a CRA says they never remove inquiries, then they are admitting to breaking the law. Here's the statute: 1785.16.1. A consumer credit reporting agency shall delete from a consumer credit report inquiries for credit reports based upon credit requests that the consumer credit reporting agency verifies were initiated as the result of identity theft, as defined in Section 1798.92. Good luck, HDAlex
Received a reply from Equifax yesterday, upon my faxing them my lawsuit against wachovia for the unpermitted inquiryL "Inquiries are a matter of record of all companies, that have accessed your credit file. Regular credit inquiries remain on file for two years. Do dispute inquiries. Please contact Wachovia Bank and have them contact our Business office." Count me in.
Now, "inquiries are a factual record of file access" is the biggest lie in the history of consumer credit. Soft INQs are indeed a record of file access; BUT INQUIRIES CODED AS HARD ARE INDICATING A CREDIT APPLICATION RESULTING FROM PERMISSIBLE PURPOSE UNDER FCRA, NOT JUST OF "file access". Did I say they are going to pay for their crap dearly? Well said, Saar. And arguably true. However the title of "biggest lie in the history of consumer credit" will have numerous contenders! Your post caught my eye, bc yesterday I said I feel a huge class action suit brewing. Now that consumers are getting wise . . .
Re: Class action - inquiries on rep I've got that same letter from EX, as well as matching letters from TU and EQ. I gave copies of all of them to Nave a while back. He had some atty buddy that was all hot and bothered to do a class action. I wonder what ever happened with that....
incidently as for inquires to be a matter of "fact"... I lent money secured on a piece of real estate and was sent notices of whether or not his premiums are paid as it is in my interest. Anyways the note was paid off long ago and I kept getting letters from them telling me his status. So, today I called to have them take me off the mailing list for the insurance, which they did--AND for god knows what reason pulled my credit report(they have never pulled a report ever on me before). Now, luckily I have credit watch which i just happened to pull tonight and lo and behold is an inquiry from them. More importantly the date listed is yesterday(1/14), not today(1/15)!
oops, you know I might have jumped the gun, the names of the insurance company and a credit card I applied for a while back for a corp look like they might just have very similar names...I guess they couldn't more creative than First National!
Re: Class action - inquiries on rep I don't know if this is still of interest, since the people, that have started this seem to have left the board, but i received this from experian: "By federal law, your personal credit report must list all who have requested your information. According to the Fair credit reporting act, busineses with a permissible purpose may review your information. Some examples are your current creditors to monitor your acconts; other creditors who want to offer you preapproved credit; an employer who wishes to extend an offer of employment and a potential investor in assessing the risk of a current credit obligation. We report these requests only to you as a record of activities, and we do not include them on credit reports to others. They remain on the personal credit report for 2 years. By federal law, your personal credit report must list all that have requested your credit history. According to the Fair Credit Reporting act, credit grantors with a permissible purpose may inquire about crdit information. Requests for your credit history remain on the personal credit report for 2 years." It's really vague, so i don't know if this can be used.
