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#2255123 - 06/10/21 03:10 PM Permissible Purpose to Pull Credit
Hailey Klaas Offline
New Poster
Joined: Jun 2018
Posts: 2
We have a customer that is a victim of fraud. The customer called several different credit reporting agencies to get information and received several different answers regarding credit information. The customer wants us to pull a tri - credit report for them. Would this be a permissible purpose to pull the credit report?

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Lending Compliance
#2255140 - 06/10/21 05:05 PM Re: Permissible Purpose to Pull Credit Hailey Klaas
InFairness, CRCM Offline
Platinum Poster
InFairness, CRCM
Joined: Nov 2010
Posts: 928
USA
Why is the customer asking you to pull a credit report instead of taking advantage of their free credit reports?
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Opinions are strictly my own, and have nothing to do with my employer.

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#2255144 - 06/10/21 05:22 PM Re: Permissible Purpose to Pull Credit Hailey Klaas
Hailey Klaas Offline
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Joined: Jun 2018
Posts: 2
The customer wants all three credit bureaus on the report.

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#2255149 - 06/10/21 06:11 PM Re: Permissible Purpose to Pull Credit Hailey Klaas
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
They should pull a free one from each agency. You have no dog in this hunt.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2255159 - 06/10/21 07:32 PM Re: Permissible Purpose to Pull Credit Hailey Klaas
Adam Witmer Offline
Power Poster
Joined: Sep 2010
Posts: 2,658
Your contract with your CRA may not permit you to pull the report (or give them a copy). I agree with Randy that you would be wise to stay out of it and have them pull their free one from each agency.
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Adam Witmer, CRCM

All statements are my opinion, not those of my employer, and should not be taken as legal advice.
www.compliancecohort.com

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#2255163 - 06/10/21 09:13 PM Re: Permissible Purpose to Pull Credit Hailey Klaas
Rocky P Online
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Joined: Jun 2003
Posts: 7,658
Florida
Have them go to www.annualcreditreport.com Like others said, they can get all 3 reports in an easier to read manner than what creditors normally get,
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Integrity. With it, nothing else matters. Without it, nothing else matters.

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#2255189 - 06/11/21 05:29 PM Re: Permissible Purpose to Pull Credit Hailey Klaas
InFairness, CRCM Offline
Platinum Poster
InFairness, CRCM
Joined: Nov 2010
Posts: 928
USA
Depending on type of fraud or identity theft, they may also want to check the specialty credit bureaus.
_________________________
Opinions are strictly my own, and have nothing to do with my employer.

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