Author Topic: Dispute Credit pull?  (Read 36325 times)

Offline jsk173

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Re: Dispute Credit pull?
« Reply #420 on: November 28, 2016, 04:13:51 PM »
Define cannot. Statute for that?

Which part of "cannot" do you not understand?

Quote
I thought your stance was that hard = soft in the eyes of the law.

Yes, for *existing* customers. We're talking about a non-customer in the example you quoted.

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Re: Dispute Credit pull?
« Reply #421 on: November 28, 2016, 04:16:52 PM »
A hard cannot be pulled on a NON-CUSTOMER without the non-customer's express advance consent.
Is that a yes or a no?
Is there any distinction between hard and soft pulls in any case for a non existing customer other than due to a misrepresentation?
YES OR NO?
The thing with the hamster is that running on the wheel is actually what it is trying to do.

Offline JTZ

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Re: Dispute Credit pull?
« Reply #422 on: November 28, 2016, 04:17:12 PM »
Define cannot. Statute for that? I thought your stance was that hard = soft in the eyes of the law.
He claims they are the same in the eyes of FCRA (law). This is were he is talking out of both sides of his mouth.
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline yakov116

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Re: Dispute Credit pull?
« Reply #423 on: November 28, 2016, 04:17:50 PM »
Is that a yes or a no?YES OR NO?
OK not its your turn

Please just ignore him he does not know how to give a straight answer or shut up so please help him
Money talks...mine says goodbye!

Offline jsk173

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Re: Dispute Credit pull?
« Reply #424 on: November 28, 2016, 04:18:26 PM »
He claims they are the same in the eyes of FCRA (law). This is were he is talking out of both sides of his mouth.

LOL. You're a pathetically dishonest person.

Speaking of dishonesty, I'll ask again, for the fifth time: Are you retracting the bald-faced lie you posted above? You know damn well that I never told anyone they needed to know Customs regulations for their Global Entry interview. You're lying through your teeth to change the subject after you got humiliated.

Offline JTZ

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Re: Dispute Credit pull?
« Reply #425 on: November 28, 2016, 04:19:00 PM »
A hard cannot be pulled on a NON-CUSTOMER without the non-customer's express advance consent.
..but a soft can. That should be a simple one.
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline yakov116

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Re: Dispute Credit pull?
« Reply #426 on: November 28, 2016, 04:20:13 PM »
LOL. You're a pathetically dishonest person.

Speaking of dishonesty, I'll ask again, for the fifth time: Are you retracting the bald-faced lie you posted above? You know damn well that I never told anyone they needed to know Customs regulations for their Global Entry interview. You're lying through your teeth to change the subject after you got humiliated.
SHUT UP ALREADY you didnt get the hint yet
Money talks...mine says goodbye!

Offline jsk173

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Re: Dispute Credit pull?
« Reply #427 on: November 28, 2016, 04:20:57 PM »
..but a soft can. That should be a simple one.

Correct, unless the person has opted out of promotional offers.

Offline JTZ

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Re: Dispute Credit pull?
« Reply #428 on: November 28, 2016, 04:23:09 PM »
Correct, unless the person has opted out of promotional offers.
So they can pull a soft any time they want if I never opted in?
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline Redbull3

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Re: Dispute Credit pull?
« Reply #429 on: November 28, 2016, 04:25:38 PM »
So they can pull a soft any time they want if I never opted in?
I can speak for a major FI (as most of you know), where I worked on data strategy until 6 months ago... Unless you opted out (ie freeze your report), your report will be pulled, as will everyone on all 3 bureaus in the monthly creation of their pre-approved mail file.

Offline Redbull3

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Re: Dispute Credit pull?
« Reply #430 on: November 28, 2016, 04:26:30 PM »
Which part of "cannot" do you not understand?

Yes, for *existing* customers. We're talking about a non-customer in the example you quoted.
My point was to highlight the legality of it... are you saying there is a difference, in law, for soft vs hard, when it comes to non-customers? Asking outing of curiosity and not trying to "get you".

Offline JTZ

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Re: Dispute Credit pull?
« Reply #431 on: November 28, 2016, 04:28:30 PM »
I can speak for a major FI (as most of you know), where I worked on data strategy until 6 months ago... Unless you opted out (ie freeze your report), your report will be pulled, as will everyone on all 3 bureaus in the monthly creation of their pre-approved mail file.
So here is the problem. Mr LOL claims the FCRA does not make a distinction between soft and hard pulls. So that means they can pull a soft or hard in this situation and that is 100% false. They are allowed to pull a soft but not a hard.
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline Redbull3

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Re: Dispute Credit pull?
« Reply #432 on: November 28, 2016, 04:31:34 PM »
So here is the problem. Mr LOL claims the FCRA does not make a distinction between soft and hard pulls. So that means they can pull a soft or hard in this situation and that is 100% false. They are allowed to pull a soft but not a hard.
He might be right on the law, I don't know. But I do know this. There are grey areas/fine lines within the law/cfpb/etc and banks don't like getting hit with 9 digit fines so they may opt to be conservative. I can also say that projects have been shut down by FI's legal teams for failure to demonstrate strong permissible purpose. 

Offline JTZ

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Re: Dispute Credit pull?
« Reply #433 on: November 28, 2016, 04:38:58 PM »
There are grey areas/fine lines within the law/cfpb/etc and banks don't like getting hit with 9 digit fines so they may opt to be conservative.
I agree 100%. Earlier I said that is where the judge (courts) comes into play and says what they can and can't do. His typical response was "LOL".
"LESS IS MORE" It is the cumulative effect that kills deals!!! How many times do I have to say this?  >:(

Offline jsk173

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Re: Dispute Credit pull?
« Reply #434 on: November 28, 2016, 04:43:01 PM »
So they can pull a soft any time they want if I never opted in?

There's no such thing as "opting in." There's only opting out.