ok, talking with a friend in the industry and she said that she was talking with csc (equifax) - i think it was an acquaintance - and this person told her that they often put "fake" inquiries out there to a)lower peoples scores and to b)charge these companies extra for reports that were never really pulled. didn't get an opportunity to get more info. anyone else ever heard of this? i'm seeing lots of people suing for non-PP, but i'm wondering if sometimes this isn't the case?
I would kind of doubt it's true. They could only realistically do it on a very small number of reports which would be statistically insignificant. I'm sure most companies have some type of interface to the credit bureaus that keeps count of how many reports they pull. If the numbers didn't match, it would set off a red flag. More importantly, creditors, not consumers, are the bureaus bread and butter. All it takes is one of them to catch them and they're toast. The threat of lawsuits out the wazoo is hardly worth the dollar for the report.
