Kinda sucks! "No, we won't report to the bureaus that you pay on time. However, if you don't, we'll nail you!"
When is congress going to make it mandatory that if a company can report you for derogs then, they have to report the positives?
For certain things, such as, a house, auto....things that the dealership (for whatever product) is going to handle setting up financing for you, I can see letting them do a hard pull. But, for other goods and services, i.e. cell phones, insurance, rental property, etc. they should only be allowed a soft pull.
IMHO
DJ