Inquiries Question

[braznyc]

I received and alert today that an Inquiry was made by some ALW Sourcing with TU. I found a company online but the website looks so shabby. I don't know who this could be, as I haven't applied for anything, and I have paid all my accounts off of possibles, like Sprint, my doctors office. Are CA allowed to just pull your report? I've SEVERAL companies who I've never received correspondence from pulling from TU. Should I just dispute it, and let TU tell me who they are? I'm not calling the company, as everything I've read say stay away from these CA on the phone.

[fused]

I believe they are a CA, and if this is the case, CAs do NOT have PP (permissible purpose) to pull a hard inq. Dispute it with TU as I didn't apply for new credit with this collection agency. Depending on how far you want to take this, you can sue ALW Sourcing for violating the FCRA 15 USC § 1681n(a)(1)(B) and get paid 1K. Here's a sample letter.

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&thread.id=3900

[Anonymous]

Dang, Fused is one SmartCookie! LOL, no pun intended.

He/she is right ( but I dont have all that FCRA fancy actual case law/document # ). If TU wont remove ( which I have had a really tough time with them ), threaten to sue the source, and CRA at the same time with disputes, providing copies of those pages of the FCRA stating what he said. If not removed then ( and use a return receipt and all envelope ), you would have a valid case to sue and win.

[kiki2]

I just had a similar thing happen to me, the difference being that this CA hard pulled TU, posted account (to all 3 CRA's), then performed 2 more hard pulls on EX (one on Monday, the other on Tuesday).  Then TODAY I receive a letter from them (Um, I believe this should have been their 1st step!). 

Needless to say, with each drop in my score (40 points so far in less than a month) my anger intensified .  I was going to send a letter and wait patiently for them to correct their error.  -Then I realized two things:

 1- These guys don't play by the rules, or they feel the rules do not apply to them. 

 2- They are hoping I do not know my rights. 

 So I called an attorney today and scheduled an appointment to discuss my options. 

Wish me luck!

Message Edited by kiki2 on 12-19-2007 09:14 PM

Message Edited by kiki2 on 12-19-2007 11:01 PM

[fused]

Always keep your credit pimp hands strong! And this ain't no joke! Always learn and know the laws, and always know your recourse.

[braznyc]

Oh my goodness let me tell you who this is. I don't know if all of you remember me saying that EXP had a very old account my credit report because the guy lied about the DOFD? Well he sold the account in just that short time, and they gave to a CR, who my law school friend just got through talking too. They claim I went into default in 2000 but opened the account in 1997 and I'm like AND it's still 2007. They told my friend they still have a "right" to pull my credit, all nonsensical all of it. My law school friend (who acted as my attorney) was like ok well this is the game you want to play then we'll sue, which we will. This is a scam if I have ever seen one, and I will fight until the end, and I will sue them and the horses they rode in on.

Here is the real kicker my mother has a canceled check where my father paid the original loan folks for a settled amount, he did this without me knowing. She has the paperwork and all, and they're coming after me for the balance LOL. They claim some Universal Data Service is their client, OK. I'm mad now I'm not going to be taken advantage of!

[BetterTomorrow]

Any updates on this issue? I read on creditboards that this was legal...

From the FCRA:

§ 604. Permissible purposes of consumer reports [15 U.S.C. § 1681b]
(a) In general. Subject to subsection ©,

***any consumer reporting agency may furnish a
consumer report under the following circumstances and no other:***

(1) In response to the order of a court having jurisdiction to issue such an order, or a
subpoena issued in connection with proceedings before a Federal grand jury.
(2) In accordance with the written instructions of the consumer to whom it relates.
(3) To a person which it has reason to believe
(A) intends to use the information in connection with a credit transaction
involving the consumer on whom the information is to be furnished and
involving the extension of credit to,

***or review or collection of an account
of, the consumer; or(cool.gif intends to use the information for employment purposes"***