General Credit Topics

[Noah_Bodie]

I don't understand the need for a credit pull on a checking or savings account AT ALL. It's not a request for new credit, unless one asks for say an overdraft protection LOC.

They can pull ChexSystems. It's more than adequate.

They do it because they're %$#@!*

[fused]

I agree!

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Noah_Bodie wrote:

I don't understand the need for a credit pull on a checking or savings account AT ALL. It's not a request for new credit, unless one asks for say an overdraft protection LOC.

They can pull ChexSystems. It's more than adequate.

They do it because they're %$#@!*

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[clay]

Hi everyone,

So, I pulled up my credit report today and I have a credit card charge off that went to collections from when I was in college, about 3 years ago.  The collections account is from "CAVALRY PORTFOLIO SVCS".  I have 2 hard pulls from "CAVALRY PORTFOLIO SVCS" within the past year and 2 more pulls from "CAVALRY INVESTMENTS", which I'm guessing is a sister company.  I'm assuming that they are just trying to show as many hard pulls as possible to bring down my FICO score even further.

Would I be in the right to send this letter to Cavalry investments?  They appear no where else in my credit report, except in my regular inquiries section.

Message Edited by clay on 05-01-2009 11:04 PM

[92SelfMade]

Are we suppose to include SSN in letter or just dates and cra and dates

[llecs]

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92SelfMade wrote:

Are we suppose to include SSN in letter or just dates and cra and dates

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I personally wouldn't include it. If they did have an inquiry, then that CA or OC would already have my name and address from that pull.

[payingoffdebt001]

A hard inquiry just showed up on my Experian from a Collection Company Phillips & Cohen Assoc.  Never heard of them and I have no clue what its for.  It could be someone working for Santander - which is a closed Charge off Auto loan on my reports and almost out of SOL's.  But I'm surprised they didn't do a Soft Pull. I'm saying it could be associated with Santander because last year one of their collection agencies did this to me and its still on my reports.  They told me that they did not buy the account from Santander that they are just working on behalf of  to collect.  And this Collection agency never did show up as a collection account - this auto charge off stayed under Santander as it is today. 

Should I send the LETTER or wait and see what Letter I may be getting from them and then send the PP Letter? 

[mrclassicrecord]

Thanks so much for your template letter to dispute non-authorized or non-permissiable purpose inquiries.

I plan on sending this letter to 7 Collection Agencies that have hit me with Hard pulls, 4 on TransUnion and 4 on Experian mainly over a one year period, the oldest was from 7/15/2011. One of them hit me with two hard pulls. 

Most of these inquiries are from collection agencies that claim credit cards, and a student loan, I haven't paid on since 8/2007. I haven't communicated with any of them since 2007, 3 of them have left messages on my answering machine and about 5 have sent mailed notice letters over the years. 

If I contact these agencies with this letter to have them remove their Hard Pull Inquiries, will it count as contact with them and add another 5 to 10 year extension to when the SOL will expire?

I have watched most others cards I owed on over the years reach their statute of Limitation 5, 7 to 10 years and get taken off my reports. Though I heard New York has a SOL of 5 years. I want to wait them out and hope that time will soon have them removed from my reports and the collection agencies cease their collection attempts, except of course the Student Loans which to my understanding must be paid back and I plan to when I am re-employed. I am self employed and low income at the moment.

Thank you for any help you can provide in this matter.