Pulled CR & Found this...

I have a similar question, so I hope whoever can answer NCLady's question will also answer mine. (I hope this is not highjacking the thread - it really is the same thing, I beleive)

I just received something from EX (I may make another post about that) and among the questions I have on that, one is the same as NC Lady's.

Under Inquiries, they list inquires that others see, then they list inquiries that only I see. Under the ones that others see (are these the hard pulls?), there are 4 items, and each give a reason why it was pulled. Three of the reasons say "permissible purpose", even though one of them is from a place I don't recognize (CIT Bank/DFS, Austin, TX). There is one that does NOT say "permissible purpose" and it is from a CA, and the reason stated is "collection purposes". Is that a violation?

Are the inquires that only I can see "soft pulls"?

 

There are two 'official' types of inquiries...

PULLS and PRMS (promotional).

To provide companies with the opportunity to obtain PULLS without it showing up on your credit report for other companies, the CRAs created a SOFT PULL.

The only type of INQ which CAN NOT be shown to others is the PRM pull; which has to be shown only to the consumer for at least one year.

Technically, no inquiry *HAS* to be reported to anyone, however with the exception of PRMs any inquiry *CAN* be shown to anyone.

The only way that it would be a violation would be for them to repeatedly pull your credit report in such a way that you could prove that they were setting out to poison your credit file.

So here are how the three types of INQs could be shown.
SOFT - Inquiries shown only to you.
HARD - Inquiries shown to others.
PRM - Promotional inquiries, these companies only received your name, address, and other information to send an offer to you.

 

Suzie:

The question would be whether or not the inquiry shows as COLLECTION PURPOSES when a third-party looks at the credit report directly from the CRA.

If it is actually being shown with that verbiage on the non-consumer disclosure copy of the credit report, I would argue that it would be an un-authorized third-party disclosure; I don't think that anyone has thought to test the waters on that, yet; and to start you would have to obtain a subscriber copy of your credit report directly from the CRA.

 

When we file for a dispute, we use the copy of the CR that the CRA's send us. So, whatever info is on that is disputable, I would presume. This "understanding your correction summary" mailing is not a typical CR copy, so maybe I can't use this (or maybe I can - I don't know). But here's something interesting:

* On this mailing today, in the inquiry section, the one where I mentioned that "collection purpose" is listed...the heading is "Inquiries Shared With Others", and in the short description of what I'm about to read, it says

"The section below lists all of the companies that have reviewed your credit report as a result of an action you took, such as applying for credit or financing or as a result of a collection. The inquiries in this section are shared with companies that view your credit history."

For me, in this section, there are 4 items listed, 3 that say "permissible purpose" and one that says "collection purpose" Oldest date is Dec., 2004, newest date is July, 05. The collection one is April, 05, and I do not have anything on my current CR with that collection name on, nor have I ever seen it before on anything.

* On my CR I got in June, 06, the one I used to dispute my negs from, there is only 1 inquiry listed there, and it is not the collection one.

So, is EX saying that there is info on my report that others will see but if I pull my own report I will not see the same thing as what others will? (seems like that is exactly what they said and what they did)

In that case, it would seem that when I pull my CR, I am not seeing all the information to be able to work with. How can be sure it is 100% accurate if I can't see everything? And why can other people see about my CR than I can? Even if I gave someone permission, we should be able to see the same thing.

 

I had this problem. a couple collection inquiries where on my equifax. I called on the phone and simply and politely asked/stated that the specific inquiries were from collectors and shouldn't they be listed as AR account review. The rep was polite and asked for the listing and dates of inquiries. She didn't re list them as soft inquiries. They were deleted.

 

Account Reviews typically are soft inquiries.

CRAs can delete any information; but deleting inquiries which are less than a year old from your report is technically a violation of the FCRA, since they are required to provide to the consumer all inquiries which are less than a year old (two for employment inquiries).

 

Suzie:

Certain information is different on consumer disclosures and the subscriber pulls.

For instance, medical information can not be provided via the subscriber pulls, unless the consumer provides specific written instructions for the CRA to do so.

On the consumer disclosure, it would show the suppressed medical information, but on the subscriber pull, it would only show a notation that there is *SOME* suppressed medical information in that listing.

This is why you would need the official subscriber pull to prove that the information is being released to third parties.

With the reports which show that the inquiries were not disclosed previously (within the one year manditory disclosure period), you would have proof that the CRA violated the FCRA by not reporting the inquiries.

 

There are a lot of good articles about credit report on URL REMOVED BY MOD, there is all kinds of information about credit reporting and scores online, its very helpfull.

 

Why would you bump an old post just to post a link? The last post was well over a year ago, I'm sure the OP isn't around to see it.