Can someone please tell me the part of the Fair Credit Report Act or wherever it is that a creditor has to pay you $1,000 if they keep an inquiry on your report in error. TU insists that they cannot remove inquiries from my report and that I must contact each creditor directly. I plan on doing it via planetfeedback since it's not worth my time and money to do it through the US postal service? Thanks.
From the FCRA § 616. Civil liability for willful noncompliance [15 U.S.C. § 1681n] "(b) Civil liability for knowing noncompliance. Any person who obtains a consumer report from a consumer reporting agency under false pretenses or knowingly without a permissible purpose shall be liable to the consumer reporting agency for actual damages sustained by the consumer reporting agency or $1,000, whichever is greater." From the 1998 FTC opinion letter Greenblatt at http://www.ftc.gov/os/statutes/fcra/greenblt.htm "Any person who procures a consumer report under false pretenses, or knowingly without a permissible purpose, is liable for $1000 or actual damages (whichever is greater) to both the consumer and to the consumer reporting agency from which the report is procured. " Note the "whichever is greater," so it would be at least $1,000 to the consumer.
