I had a citigo card that dropped off all my reports in 2000. In early 2002 it was reinserted with all 3 report agencies at Citibanks request when they took over Associates National bank. Accont was a $300 credit card written off in a bankruptcy in Oct. 1998. I don't believe it should have been reinserted. It was dropped when Citigo did not respond to a dispute. Between 3/2002 - 01/2003 Associates National bank a Citigroup company did 9 account reviews with TU - soft pulls. The first one was done when I disputed the reinsertion. I believe there were 3 with equifax. Question: What is the statue of limitations, the time frame I have to pursue this? I thought it was 2 years. I became aware of this in November of 2003 If I sue will I receive $1,000 per incident? any help appreciated.
*************** GET THE BASICS HERE. http://consumers.creditnet.com/straighttalk/board/showthread.php?s=&postid=410243#post410243 ***************** > No Permissible Purpose bump
If the account was charged off, and not paid or settled, they may still have PP, whether it dropped off after 7 years or not. Why did it drop off, and when did it originally go delinquent?
I do not believe permissible purpose still exists, the minute a chapter 7 is finalized and the debt is legally discharged my relationship with them ended. A former creditor should not be allowed to use a soft pull as a means of verifying an account dispute. They are suppose to use their records not my toasted credit report to verify the dispute I may try following up with a lawyer friend. Thanks Dean
