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Posted: Fri Jan 25, 2008 10:22 am Subject: Permissable purpose????

What does that mean?

Posted: Fri Jan 25, 2008 10:51 am Subject:

How is it being used? The word "purpose" has several definitions.

Posted: Fri Jan 25, 2008 3:02 pm Subject:

A permissible purpose (PP)usually pertains to a hard pull on credit report. A creditor has or does not have PP (depends on who you want to listen to, if you applied for a loan they would have PP, open accounts have PP (credit cards,loans ETC.)

Posted: Fri Jan 25, 2008 7:17 pm Subject:

What about collection agencies?

Posted: Sat Jan 26, 2008 5:30 pm Subject:

If the original debt stems from a credit transaction, then it is permissible purpose for a CA to make an inquiry for collection purposes.

But it has to be a credit transaction. A CA collecting on unpaid parking tickets, for example, could not legally pull your credit report since the debt wasn't originally a form of credit.

Guest · Posted: Fri Feb 01, 2008 10:18 am Subject:

this is what avante sent to my state ag's office,

the original creditor is hsbc, and after they did this pull on my cr my score went down so i filed a complaint with the state ag's office

i dont think they should have been allowed to do that, should they??

Posted: Wed Feb 06, 2008 10:21 am Subject:

I called the company and left them 2 messages, and they havent returned either one, suprise surprise!

I also filed another complaint! They lied to my ag's office, but from what i have been reading on them they are a shady company anyway Confused

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Permissable purpose????

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