New York - Credit Report shows in the inquiry section that a bank pulled my credit 24 times in 6 months, up to 7 times in some months. I have no active personal accounts with the bank and have not applied for any, I did not give permission to have my credit checked. The inquiries appear to be a soft pull and fall under the code AR (account review). The only relationship I have with bank is an old small commercial loan, which is under a business name, and in good standing. I am a gaurantor on the loan as is my business partner. I am suspicious my business partner / ex- lover who is a senior executive at the bank is pulling my credit via the bank for personal purposes. I do not know the intent of the pulls and at this point do not know if / how this might negatively impact me (identity theft, stalking, leverage, etc.), but I believe it might be malicious and certainly puts me at a disadvantage in my business dealings with my business partner since he can see a snapshot of my current credit finances. Is there a crime here? Can I sue the bank, credit reporting agency, and or business partner? I am surprised no one red-flagged the excessive credit pulls. I have called the bank and every agency (Equifax, FTC, OCC, Attorney General, Bank) and no one seems to have dealt with this issue and are not helping much; though they have all said this wasn't right and had never seen that type of activity before. I have filed formal complaints and reports. Bank responded in a letter saying that the credits pulls shown on Equifax match the credit pulls issued by bank. That was all they said. I wasn't concerned the credit report was wrong, my concern is who is pulling my credit and why. There is no business reason that calls for pulling my credit almost twice a week; this seems personal. I have much more significant relationships with other banks and none of them show up on my credit report inquiry list. What can I do? Equifax recommended filing a police report, but it seems awkward since I don't know what this will accomplish, I do not know if there is a crime, I know only that a bank is pulling my credit often, but I cannot get answers as to why or who is initiating the credit pulls.
Credit Report Inquiries
2 replies to this topic
Posted 11 March 2012 - 02:16 PM
to learn more and / or opt out.
Posted 11 March 2012 - 03:31 PM
0 user(s) are reading this topic
0 members, 0 guests, 0 anonymous users