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unaurthorized inquiry from bank

Date: Sat, 12/08/2007 - 13:37
Submitted by on Sat, 12/08/2007 - 13:37
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I have a bank of America checking and savings account. Today I received an email from my credit monitoring service that says I had an inquiry. It says it's from Bank of America and lists it as "permissible purposes". It is definitely 100% listed as a hard inquiry and even dropped my score close to 10 pts. I called Bank of America and got nowhere. They stated that they only do hard inquires if I apply for a loan or credit card, neither of which have I ever done. They said that it may have been a soft inquiry reported incorrectly and transferred me, next person transferred me and I went in circles for several hours achieving nothing except told to dispute it with the CRA. Is there any hope with this or am I screwed cause somebody else messed up. Has anyone successfully gotten an unauthorized inquiry removed?? Will Experian at all likely remove it since I do have a bank account with them. I want to send a certified letter to Bank of America, but I only have a P.O. Box address.

Any advice??


Just dispute it online with Equifax (easiest to have it removed) and the other two bureaus. Let them do the work, if you're paying for monitoring service, let them earn that $9.95 a month.

They will remove it, you will never ever speak to the person who hits the delete button for that inquiry in a backroom somewhere, however they will respond to a credit bureau guaranteed!


Submitted by j on Mon, 12/10/2007 - 08:10

j

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Definitely dispute it with the CRA
A soft pull is often done to verify identity or for promotional offers. Anyone with "persmissible purpose" can run a soft pull; if you apply for credit, have an existing account or financial relationship with an individual or business.
If you don't want your information shared for promotional offiers, you must opt out.
1-888-5-OPT-OUT (1-888-567-8688)

Then dispute with the bank as well

I would write them a certified letter inquiring how they had "permissible purpose" under the Fair Credit Reporting Act - Section - ???? 604. Permissible purposes of consumer reports [15 U.S.C. ???? 1681b]


Submitted by Mary Adkins Matthews on Mon, 12/10/2007 - 10:32

Mary Adkins Matthews

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