Re: Shenanigan Update For the benefit of the loan department, you might include a few definitions: from TransUnion: account reviews Inquiries made into a consumer's credit history by creditors, with whom the consumer has a current relationship. These inquiries are not included in the business version of a consumer's credit report. business version (of a credit report) An abbreviated version of a consumer credit report. The business version of a credit report is what creditors see and does not contain promotional inquiries or account reviews. consumer version (of a credit report) The consumer version of a credit report lists all inquiries, including promotional and account review. Only the consumer can request this version of their credit report. Creditors cannot see this version; they see only the business version of credit reports. from myFico.com under "What's NOT in Your Score": Certain types of inquiries (requests for your credit report). The score does not count "consumer-initiated" inquiries - requests you have made for your credit report, in order to check it. It also does not count "promotional inquiries" - requests made by lenders in order to make you a "pre-approved" credit offer - or "administrative inquiries" - requests made by lenders to review your account with them. Requests that are marked as coming from employers are not counted either. Interestingly, no one uses the terms HARD or SOFT, so perhaps you should not either.
Re: Shenanigan Update Thanks, my letter does go into define the different types of inquires. I do however associate 'hard' and 'soft' with pulling credit reports and simple account reviews, so i think that I covered my bases there. I can email a copy if you like. I would post it here, but it is a two pager.
Re: Re: Re: Re: Re: Re: Re: Re: Shennagin Update Let's extrapolate just a little further. If you dispute 1000 TL's and they all pull hards, is it reasonable to accept 1000 hards and a 3 point FICO? Ridiculous I know, but since we're only talking about 1 hard doesn't that mean that; it's not ok to have your score destroyed by hards from active creditors, but it IS ok to damage your score "just a little bit"? Whom, among the ladies here, have ever been "a little pregnant"? lol ALL you guys have great points. Don't forget this stuff is all fairly new, in that, much of it has not even been litigated yet. I know what I would do. I'd tell em to recode the damn thing or I'll see you in court, AND you have exactly 48 hours to do it. I'd sue the stupid Witch in her personal capacity. (btw - once I do file, there'll be no turning back).
Re: Re: Re: Re: Re: Re: Re: Re: Shennagin Update Absolutely right, Butch. I had another thought. A creditor needs to list their PP when they pull. Ask the CRAs what they listed. I still think they just coded it wrong - maybe someone who runs credit checks on SLSs in the offices and doesn't know to code AR...
Lets give EFX a hug Here is some craziness for you. When i explained the situation to TU, they understood, but told me there was nothing they could do to dispute it. It was between me and the OC. Just got off the phone with EFX and in about 3 minutes Linda, who is a sweetheart, said they would dispute the notation of the inquiry. When I asked how long this option was available to consumers, she said roughly 3 months. What a kick in the pants.
Re: Lets give EFX a hug Did they tell you what the college listed as the PP? They have for me in the past...
Re: Re: Lets give EFX a hug They did not, I just asked them if the inq appeared as if I was applying for credit and they said yes. When EFX saw that it was an account I have held for over 6 years, they aggreed to dispute the inq and send it back. I will call them again though.
Re: Re: Lets give EFX a hug Just got off the phone with Trans Union and they told me that no PP is listed, only the fact that the ORGANIZATION has PP to pull. Referred me back to the college. NOthing that they can do, they dont dispute inqs.
Re: Re: Lets give EFX a hug this is the longest thread.... It's interesting that TU did not get a PP. From Section 607 Complinace Procedures: (e) Procurement of consumer report for resale. (1) Disclosure. A person may not procure a consumer report for purposes of reselling the report (or any information in the report) unless the person discloses to the consumer reporting agency that originally furnishes the report (A) the identity of the end-user of the report (or information); and (B) each permissible purpose under section 604 [§ 1681b] for which the report is furnished to the end-user of the report (or information). Maybe you should also send a letter to TU...
Re: Re: Lets give EFX a hug I think they can get a blanket certification. In other words the PP is on file, just not listed individually. Then again, I could be wrong...
Re: Re: Re: Lets give EFX a hug What you say here confirms both waht two TU reps told me and the position outlined by the college both over the phone and in the letter they sent to me. As i understand what they conveyed to me, for TU at least, it is as if reports are a club and PP is nothing more than a vip list. If you are on it, you get in, no one is asking, 'wait, WHAT are you gonna be doing?' Now I have to write 3 letters. college, TU, FTC.
Re: Re: Re: Lets give EFX a hug What you say here confirms both what two TU reps told me and the position outlined by the college both over the phone and in the letter they sent to me. As i understand what they conveyed to me, for TU at least, it is as if reports are a club and PP is nothing more than a VIP list. If you are on it, you get in, no one is asking, 'wait, WHAT are you gonna be doing?' Now I have to write 3 letters. college, TU, FTC.
Lets give EFX a hug Just a Student loan update, Sent my harsh FCRA letter to they today, they will crap their collective pants sometime tommorow. And 6 days after I disputed the non pp inq with EFX over the phone, they deleted it! yay! More fodder for the paper trail. I march steadfastly on.
