This was something that actually came up in another thread, but I wanted to ask the question in it's own separate post just in case someone knows the answer who isn't following the other discussion. It's something I've always wondered about, even before it became an issue for someone I know. Anyway, here's the question: How do CRA's get their public records info? Don't they just scan the records for names? If so, then if someone's name doesn't appear in any public record (because they were sued under a business name), isn't it true that there's very little risk of a judgement showing up on their personal credit report(s)?
each county, state, etc, has someone to report it. in my county, a lady comes in once every other week and posts this information (or removes it) i believe she is employed by the three cra's and each day goes to various counties gathering and updating information.
Okay, so as far as you know, if this lady were to run across a judgement against "Company X", she would just take it at that, right? She wouldn't go to the trouble to say, "Hmmm...I wonder who owns company X?" and go dig up that info so that it would appear on the owner's credit report. Right?
Name Address SS# If 2 or more of these match they got her. This could also appear on your friends TelCheck and ChexSystem records.
