Do banks share info

Discussion in 'Credit Talk' started by bigmon, Aug 26, 2002.

  1. bigmon

    bigmon Well-Known Member

    If I start new credit with charge offs that are still within the SOL will the new creditors share info about my employment and phone numbers?
     
  2. javan

    javan Well-Known Member

    Not sure if they *share* info. But any info you provide, they may report it to the CRA's and it will show up on your CR. Then as your other/older accounts continue to pull soft inq's for account reviews they will have acces to this *new* info.
     
  3. sassyinaz

    sassyinaz Well-Known Member

    Opt-out of financial info. sharing, bigmon.

    You're supposed to be notified in writing of information sharing policies and options available for opting-out.

    Sassy
     

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