PP Clarification

Discussion in 'Credit Talk' started by merlin, Sep 15, 2003.

  1. merlin

    merlin Well-Known Member

    Is the fine for non-permissible purpose based upon each pull or in total?

    A company pulled a tri-merge on both my husband and me twice, for a total of 6 hard inquires each (2 per CRA).

    Is the fine just $1000? $1000 each? or $1000 per pull for a total of $12000?
  2. merlin

    merlin Well-Known Member

    Actually, since I'm in California, the fine is $2500. Can I really sue for $30,000? (2 inquiries x 3 CRAs x 2 people x $2500)

    GEORGE Well-Known Member

    DEPENDS on the JUDGE and HIS/HER knowledge...some people have reported that the JUDGE just lumped everything into ONE and rewarded $1,000 + COURT COSTS even though there were 5 or 10 TOTALLY SEPARATE ISSUES...
  4. lbrown59

    lbrown59 Well-Known Member

    They get a volume discount.

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