Californians have it made. They can actually sue CRA's for $2500 for unauthorized inquiries. Anyone from California absolutely must read California Civil Code, Title 1.6, particularly the "Consumer Credit Reporting Agencies Act" http://www.leginfo.ca.gov/cgi-bin/calawquery?codesection=civ&codebody=&hits=20 Legal scholars, your opinions? Should everyone move west?
Re: Creditnetter's: MOVE TO CALIF ! lalalalalalalalalalalalalalalalalalalalalalala )) Mark Los Angeles CALIFORNIA YES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Re: Creditnetter's: MOVE TO CALIF ! I'm using that threat right now in another thread. Read that section of code more carefully. It's $2500 if a "natural person" (flesh and blood) commits the violation. Two paragraphs above, it says $5000 if a "person"; ie. a corporation commits that same act. I call it leverage.
Re: Creditnetter's: MOVE TO CALIF ! Man is that interesting I just wish Experian and Equifax would tell us how long hard inquiries affect our credit score. I don't have much respect for TransUnion for other reasons but at least they tell us 1 year. We all know the inquiries stay on the reports for 2 years.
