topic Re: Credco in General Credit Topics

Credco

babbles — Mon, 12 Dec 2016 01:46:30 GMT

Anyone ever heard of this company out of San Diego?? A hard inquiry showed up on my credit file yesterday and I am absolutely sure I did not fill out any applications or authorize a credit inquiry. I immediately filed a dispute with EQ.

Re: Credco

Anonymous — Mon, 12 Dec 2016 02:46:33 GMT

Isn't that the one that QuickenLoans usually shows up as?

Re: Credco

Revelate — Mon, 12 Dec 2016 07:21:36 GMT

They're one of the big trimerge report providers in the mortgage space. They may well do other pulls for lenders who don't have a direct relationship with the bureaus.

They're a legit and pretty large company, sounds like there's a mistake somewhere like someone miswrote a SSN or something on a loan app. Was it just on EQ or does it show up on the other bureaus too (which it would in the mortgage case).

Re: Credco

babbles — Mon, 12 Dec 2016 12:31:13 GMT

The inquiry just shows under EQ for now and I have not tried to apply for a mortgage. I take it only hard inquires are alerted to?

Re: Credco

Anonymous — Mon, 12 Dec 2016 14:28:55 GMT

It's not only mortgages. I have had Credco pop up when a car dealer was checking rates for me before.

Re: Credco

babbles — Mon, 12 Dec 2016 14:56:10 GMT

my wife applied for a loan on Saturday 10 december in her name only with auto scores of 784 but had nothing to do with me. none of my info was listed, is it possible they still pulled mine? but how with none of my info listed? I still did an unauthorized dispute with eq.

Re: Credco

Anonymous — Mon, 12 Dec 2016 15:05:36 GMT

@babbles wrote:
my wife applied for a loan on Saturday 10 december in her name only with auto scores of 784 but had nothing to do with me. none of my info was listed, is it possible they still pulled mine? but how with none of my info listed? I still did an unauthorized dispute with eq.

Auto loan? Betcha they did. Car dealers don't give a flying howdy about how many INQs they generate.

Re: Credco

babbles — Mon, 12 Dec 2016 21:14:36 GMT

She did it as an individual not joint, how could they have gotten my info, nothing was listed for me? We didn't even want Toyota financial to hit here credit but glad they did, Navy Fed offered a pre-approved loan at 3.50% for a 2014 compared to capital who offered 2.99% at the same terms.

Re: Credco

Anonymous — Mon, 12 Dec 2016 21:19:51 GMT

Report back if you find out. I'm curious.

Re: Credco

Revelate — Mon, 12 Dec 2016 22:48:08 GMT

@babbles wrote:
She did it as an individual not joint, how could they have gotten my info, nothing was listed for me? We didn't even want Toyota financial to hit here credit but glad they did, Navy Fed offered a pre-approved loan at 3.50% for a 2014 compared to capital who offered 2.99% at the same terms.

It shouldn't have unless they changed backend systems in the last few years... wasn't setup that way when I worked there if it wasn't on the app it didn't exist.

What you should do is pull your EQ report from Equifax directly, which you had access to for the dispute. I think EQ does this too but I don't have my reports saved on this computer, but this is an example of a Credco pull on Experian where they actually list who they pulled on behalf of:

FIRST AMERICAN FINANCIAL/CREDCO

Date†of†request

05/03/2016

10277 SCRIPPS RANCH BLVD

SAN DIEGO, CA 92131

800 523 0233

Address†identification†number

0716527410

Comments

Real Estate on behalf of CARDINAL FINANCIAL COMPA. This

inquiry is scheduled to continue on record until Jun 2018.

Re: Credco

babbles — Mon, 12 Dec 2016 22:49:35 GMT

I will defintiely report back my dispute findings. Thanks Rev, my equifax report in fact does say CREDO inquiry specifically.

Re: Credco

babbles — Fri, 28 Apr 2017 21:35:25 GMT

Hello again, just a quick follow up. Talked with EQ finally because my online dispute is showing an estimated completion date that has passed by in Feb. Eq says just to contact the company directly which I will do now after I take another replies suggestion to pull a report directly from eq. Coincidentally, the guy who I was talking to was Filipina, no problem but he was in the phillipines?? I thought they were out of Atlanta??

update: talked with CREDO in san diego and they say there was no way of pulling my credit if I didn't authorize it. I am back tracking through the dealer to see if they ran my credit but my wife confirms, no info went on the app concerning me.

Re: Credco

Revelate — Sat, 29 Apr 2017 00:59:11 GMT

@babbles wrote:
Hello again, just a quick follow up. Talked with EQ finally because my online dispute is showing an estimated completion date that has passed by in Feb. Eq says just to contact the company directly which I will do now after I take another replies suggestion to pull a report directly from eq. Coincidentally, the guy who I was talking to was Filipina, no problem but he was in the phillipines?? I thought they were out of Atlanta??

update: talked with CREDO in san diego and they say there was no way of pulling my credit if I didn't authorize it. I am back tracking through the dealer to see if they ran my credit but my wife confirms, no info went on the app concerning me.

Heh, Manilla is a popular outsourcing destination for all sorts of call centers. Had dinner with one Fillipina lady while in Singapore and we carried on a lively conversation in English and she suggested that was par for the course for many people... sort of knew this based on company's behaviors, but it's another thing entirely talking to someone with first hand experience in a culture.

Your whole situation is seriously confusing as I don't know where in the chain your info would've landed there unless your wife provided it somehow. Granted you can probably make a pull based less than a SSN (actually common promotional marketing) and some dealers will run credit with any remotely plausible reason, but why if you weren't going to wind up on the loan anyway even as a cosigner? Just wierd.

Re: Credco

Anonymous — Sun, 30 Apr 2017 04:52:26 GMT

Slightly off topic but you can out source calls for well educated English speaking Phillipinos (sp?) for almost nothing. My daughter runs all the call centers for Fortune 500 co. She has a center there and I want to say the top pay for the manager were $1/hour but i can't say for sure.

Re: Credco

Revelate — Sun, 30 Apr 2017 16:39:28 GMT

@Anonymous wrote:
Slightly off topic but you can out source calls for well educated English speaking Phillipinos (sp?) for almost nothing. My daughter runs all the call centers for Fortune 500 co. She has a center there and I want to say the top pay for the manager were $1/hour but i can't say for sure.

Could well be right. My own salary would drop by a factor of 8 or more in Thailand when you factor in the exchange rate (assuming I wasn't working for a foreign company as a transplant heh) and I would assume it's cheaper in the Phillipines for labor than Thailand.

Life would be cheaper there but not that much cheaper.