inquiries
Date: Fri, 03/30/2007 - 15:21
What kind of inquiries is reported in your file? Incorrect i
What kind of inquiries is reported in your file?
Incorrect inquiries reported in your credit can be removed by placing a dispute on the item. Highlight the item with the credit bureau as well as the data furnishers. They will verify your dispute and correct your file if wrong items are being reported.
Inquiries are difficult to dispute with the exception of Equifax
Inquiries are difficult to dispute with the exception of Equifax. They pull them off pretty easy. In my opinion first step I would do is send a letter to each company listed in inquiry section asking them what their permissible purpose was and for a copy of signature you gave them authorizing pull. If they are pulling without a PP,they could end up paying up to $1000 per pull per report under the FCRA.
And if you are concerned about correct inquiries, they will be o
And if you are concerned about correct inquiries, they will be off from your file in two years.
I have had a number of people send me letters requesting that my
I have had a number of people send me letters requesting that my company remove our inquiry from their credit report (legitimate inquiries we made for a credit application). As Cajun mentioned, these letters I received also requested a copy of their signature showing authorization for my inquiry.
Rather than drive 5 miles away to our storage facility and dig through hundreds of boxes of old applications to find a signature, believe me, I would rather just delete my inquiry. But it's not that simple.
So I contacted my TransUnion rep about my situation, and asked him how would I go about removing a customer's disputed inquiries? He forwarded to me TransUnion's position on the removal of inquires (which I will post below). Basically, there are only 2 reasons they allow an inquiry removal: 1) if it's fraud (in which case their fraud department needs to get involved); or 2) if the inquiry was made in error (in which case the company and customer need to sign off that the inquiry was a mistake). Pertaining to number 2/errors - Transunion also states that excessive numbers of errors being made can result in the termination of service.
Since it really is not an error on my part, I'm not going to take the blame for improperly pulling the report and risk Transunion terminating my service. So I regret that all legitimate inquires will stay on the file until it falls off on its own. As such, I am forced to drive 5 miles away and dig up a signature, every time someone disputes an inquiry I made.
Transunion's position regarding inquiry removals:
Quote:
Dear TransUnion Customer: In order to comply with the Fair Credit Reporting Act, TransUnion Data Services can only delete inquiries under the following circumstances: 1. We can delete an inquiry if it is posted to the consumer????????s file as the result of an internal processing error and if the subscriber provides TransUnion a signed written request, accompanied by a signed letter from the consumer, on whose file the inquiry is posted, requesting deletion of the specific inquiry. Subscribers who routinely request the removal of inquiries resulting from consumer reports being accessed in error may be audited for compliance with their security and/or permissible purpose obligations under their TransUnion membership agreements and/or the FCRA. Excessive incidents involving erroneous access or failure to observe permissible purpose requirements may result in suspension or termination of service. Or 2. We can also delete duplicate inquires that are posted on the same day, regardless of whether the inquiry codes are the same, if we receive a signed written request from the Subscriber requesting this. However, the state laws of Colorado, Connecticut, Texas and Vermont require records of all inquiries, including multiple inquiries by the same party. For these states, extraneous inquiries may not be deleted. As noted above, routine requests may result in an audit of your security and compliance practices. Or 3. In the event the inquiry is posted to the consumer????????s file as a result of a fraudulent application. In this case please email or fax your request for deletion to our Fraud Victim Assistance Department (FVAD) at the following address: Trans Union Fraud Victim Assistance Department PO Box 6790 Fullerton CA, 92834 Phone: 1-800-372-8391 Fax: 1-714-680-7290 FVAD will contact the consumer to advise him/her of the fraud so that the consumer may avail him/herself of our fraud prevention and investigative services. We will process your request as soon as we receive this required documentation. Sincerely TransUnion Data Services Center |
Excessive Inquiries
2 CB show excessive inquiries from the same Creditor on the same day. 16 to be exact. Is this normal but most importantly, does it hurt my score? Here is how it looks on my TrueCredit 3 in 1.
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Creditor Name:
RELIANT ENER RELIANT ENER
Date of Inquiry:
09/13/2008 09/13/2008
Do you recognize that company? Most likely it was a computer gl
Do you recognize that company? Most likely it was a computer glitch that kept pulling it. File a written dispute with Transunion that there should only be 1 inquiry in the same day; they should remove the other 15.
Yep, its Reliant Energy out of Houston. My electricity company.
Yep, its Reliant Energy out of Houston. My electricity company. Its like this on 2 of the CB's. I suppose it is hurting my score and I will dispute immediately.
Thanks!
Additionally, I would be giving someone at Reliant a prostate ex
Additionally, I would be giving someone at Reliant a prostate exam with my boot about now. Dispute with the CRA's but send a very nasty letter to Reliant as well.
I hesitate on sending "nasty" letters right off the bat. Grante
I hesitate on sending "nasty" letters right off the bat. Granted, they should only be making a single inquiry. But there may be a logical explaination...
For example, my company's computer system is tied right into the bureaus. When we enter a credit application, our system automatically pulls a bureau on the applicant. Sometimes, if the internet is "slow", it takes several minutes for the credit report to come back. Meanwhile, my staff, not being so computer savvy, doesn't realize that the request is "in the queue" and just being slow, so they end up requesting the system to pull another credit report. ... in that case when the system finally catches up, it ends up making multiple inquiries on a person's credit report.
I/We are very willing to correct our mistakes and delete the multiple inquires when that happens. But people do make mistakes on occasion; I don't think that requires a "nasty" letter right off the bat. Voice your complaints, and if they don't respond, then get nasty.
Inquiries
I Have had not such good luck removing inquiries, I send a letter to the actual company that pulled it, they send me a letter back saying I need to get with the Credit Bureau. I get with the Credit Bureau and they say I need to get with the Company......just getting the run around.....Who is Actually responsible for removing it??????
The subscriber would be the one to remove the INQ. The CRA's wi
The subscriber would be the one to remove the INQ. The CRA's will not remove them since they are a "historical record".
Inquiry removal
I have all my inquiries delete from equifax in two days 26 to be exact.Experian has also deleted 20 do to fraud related issues.Transunion has done nothing and I am in the process of suing them hopefully.Good luck with them!!