I have yet to figure this one out. IF a ca is trying to collect on an acct that is past the SOL and past the 7 year reporting period to the cra's, do they have a permissible purpose to pull a credit report?
NOT an expert...BUT I WOULD ASSUME...NO PERMISSABLE PURPOSE... but then FIRST USA is doing AR'S on a closed account...
I would say they have no permissible purpose to do so. The debt is past SOL. The CA in all likelyhood knows this, however being the bottom feeders they are, they'll try to coerce you into paying the debt anyway to "clear your conscience". Since the debt has "expired" in the eyes of the law, they can no longer legally collect on it. Pulling an inquiry on a consumers report is continued collection activity. Hence, there is no permissable purpose since there is no longer a valid debt.
No clear answer. You could certainly argue no PP. The only potential PP is to collect or review account of consumer. You argue not possible legally to collect a/c and a/c not open so no review. Therefore no PP.
