01-17-2013 09:38 AM
Credit checks for a security system? Okay yeah I'm new to the whole home owner thing but I was surprised to learn that they actually needed to do a credit pull on me. Does anyone have an idea as to weather or not this is a HP or SP?
01-17-2013 01:42 PM
IME, ADT did a hard pull. EQ IIRC. I have a post in here somewhere with more details. Also ADT delegates the report pulls through their dealers, and is optional with each one.
01-22-2013 10:48 AM
I can imagine the logic for the pull involves the propensity for people with bad credit to be robbed more often or to recklessly set their own homes on fire with greater frequency. In a nutshell, ADT presumes higher risk customers will use more services. Thus, they should charge more.
Whether there is any correlation whatsoever between credit rating and use of security services, I'm not one to say.