Permissable purpose????
Date: Fri, 01/25/2008 - 09:22
How is it being used? The word "purpose" has several definitions
How is it being used? The word "purpose" has several definitions.
A permissible purpose (PP)usually pertains to a hard pull on cre
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.)
If the original debt stems from a credit transaction, then it is
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.
this is what avante sent to my state ag's office, the origin
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??
I called the company and left them 2 messages, and they havent r
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 :?
On my credit report under regular inquiries it say's Permissibl
On my credit report under regular inquiries it say's
Permissible Purpose: COLLECTION
What does this mean???? Anyone