Reply
New Visitor
brady07
Posts: 1
Registered: ‎04-25-2007
0

unauthorized inquiry

I recently noticed an inquiry on my credit report that I did not recognize or authorize for that matter. Do I have any recourse legally against the company that run the report?
Moderator Emeritus
Tuscani
Posts: 6,182
Registered: ‎03-29-2007
0

Re: unauthorized inquiry

[ Edited ]
Yep. You are entitled to $1000 if the company did not have permissable purpose.
 
From FCRA:
 

§ 604. Permissible purposes of consumer reports

[15 U.S.C. § 1681b]

 

AlSO SEE:

 

§ 616. Civil liability for willful noncompliance

[15 U.S.C. § 1681n]

(a) In general. Any person who willfully fails to comply with any requirement imposed

under this title with respect to any consumer is liable to that consumer in an amount

equal to the sum of

(1) (A) any actual damages sustained by the consumer as a result of the failure or

damages of not less than $100 and not more than $1,000; or

(B) in the case of liability of a natural person for obtaining a consumer report

under false pretenses or knowingly without a permissible purpose, actual

damages sustained by the consumer as a result of the failure or $1,000,

whichever is greater;

(2) such amount of punitive damages as the court may allow; and

(3) in the case of any successful action to enforce any liability under this section, the

costs of the action together with reasonable attorney's fees as determined by the

court.

 



Message Edited by Tuscani on 04-25-2007 06:50 PM

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}