Thread Starter: West Coast Comp
Title: Re: She pulled her own credit report...
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Deek,
I’m confused and need help (OK I need a lot of help, but that's another issue).
The bank is pulling credit as it intends to use the information in connection with a credit transaction involving the consumer on whom the information is to be furnished and involving the extension of credit to.
How is this not a valid reason to pull credit? What am I missing? Obviously she shouldn't have pulled credit herself, but she was acting on behalf of the bank which has a loan request. I don't think the fact that the loan was her own loan would change the fact that there did exist a valid business reason for pulling credit, does it?
Thanks for your help in understanding!
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