Inquiry Sneak Attack

Paul, I must say you have been a great help to me.  I brought my husbands credit score up from the middle 300s to 553, well we were going to buy a new car, we told the dealership that if the first one turned us down we didnt want them to send it to anyone else, well come to find out they sent it to six different people.  Ouch!!!  I spoke to the General Manager and he said if we called the Credit Bureaus and they contacted him he would let them know we did not give them permission to run it more than one time.  Should I have the General Manager give this to me on paper with letter head stating it was there mistake?  Thanks.

Vanessa

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Hi Vanessa,

Yes, a written statement on letterhead stating it was an error will help, but you would need that from the entity (or six entities) that requested the report. 

A 2000 FTC Staff Opinion letter addressed a similar concern in question #5.  The letter states: “The fact that a consumer report was requested “in error” does not nullify the fact that the report was furnished” and “There is no legal or policy requirement to display the inquiry (other than to the consumer in connection with disclosure pursuant to Section 609(a)(3))”.

It appears the inquiry itself would not be deleted.  The CRA would remove it from the hard inquiry section and place it in the soft inquiry section.

There are many who choose to bump inquiries.

Thanks for the questions.

Paul

This author is not an attorney and this information should not be considered legal advice.  Please consult an attorney for legal advice.

(source=ftc.gov/os/statutes/fcra/cohan2.htm)