Author Topic: Dispute Credit pull?  (Read 36331 times)

Offline jsk173

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Re: Dispute Credit pull?
« Reply #315 on: November 28, 2016, 12:58:07 AM »
Missed payment ≠ defaulted payment

And? Your original comment said "defaulted on payments three times in a row with a certain bank."

Offline shulem92

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Re: Dispute Credit pull?
« Reply #316 on: November 28, 2016, 12:58:56 AM »
And? Your original comment said "defaulted on payments three times in a row with a certain bank."

Missed payment ≠ defaulted payment

I am not going off on a tangent here, just answer the damn question please

Offline jsk173

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Re: Dispute Credit pull?
« Reply #317 on: November 28, 2016, 12:59:06 AM »
A person defaulted on 3 payments in one month. Would the bank do a hard pull before closing down their accounts?

I just answered this, in very clear terms, in #304. Why are you asking it again?

Offline george

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Re: Dispute Credit pull?
« Reply #318 on: November 28, 2016, 12:59:09 AM »
Wow, wow, wow. @jsk, you seem like a very pleasant person to converse with. LOL.

Offline shulem92

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Re: Dispute Credit pull?
« Reply #319 on: November 28, 2016, 01:00:34 AM »
I just answered this, in very clear terms, in #304. Why are you asking it again?
First of all I don't know what 304 is because I'm on tapatalk, and it clearly is the wrong post. Second of all, because your answer was under the assumption that the person had 90 days of late payments

Offline jsk173

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Re: Dispute Credit pull?
« Reply #320 on: November 28, 2016, 01:02:13 AM »
First of all I don't know what 304 is because I'm on tapatalk, and it clearly is the wrong post. Second of all, because your answer was under the assumption that the person had 90 days of late payments

You asked "Would they?" and I said, "Who knows? Most loan issuers have flat-rate subscription access to soft pulls, so a hard would probably be a waste of time and/or money."

Offline shulem92

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Re: Dispute Credit pull?
« Reply #321 on: November 28, 2016, 01:03:21 AM »
You asked "Would they?" and I said, "Who knows? Most loan issuers have flat-rate subscription access to soft pulls, so a hard would probably be a waste of time and/or money."
Why would it be a waste of time if they are considering shutting down said persons accounts?

Offline jsk173

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Re: Dispute Credit pull?
« Reply #322 on: November 28, 2016, 01:05:45 AM »
Why would it be a waste of time if they are considering shutting down said persons accounts?

I said coding and/or paying for a hard pull might be a waste of time and/or money if they already had a subscription for soft-pull access, as almost all loan issuers do.

Are you even reading the replies, or just posting new replies as fast as you can?

Online rileywiles23

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Re: Dispute Credit pull?
« Reply #323 on: November 28, 2016, 01:08:46 AM »



Are you even reading the replies, or just posting new replies as fast as you can?
LOL
Life is as good as you make it...

Offline shulem92

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Re: Dispute Credit pull?
« Reply #324 on: November 28, 2016, 01:12:28 AM »
I said coding and/or paying for a hard pull might be a waste of time and/or money if they already had a subscription for soft-pull access, as almost all loan issuers do.

Are you even reading the replies, or just posting new replies as fast as you can?
I'm driving at a point but you keep on derailing yourself. Let me spell it out for you. This statute which you keep quoting in your defense implies that a FI has a right to pull your credit when reviewing your account. The biggest time that would be true is when they are planning on shutting someone down. So why wouldnt they hard-pull the credit?! To save a couple of bucks? Seriously? They are reviewing your account to shut it down and according to you are legally allowed to hard-pull your credit. Don't you think they would take your credit report into consideration before they shut you down?

Offline jsk173

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Re: Dispute Credit pull?
« Reply #325 on: November 28, 2016, 01:14:04 AM »
This statute which you keep quoting in your defense implies that a FI has a right to pull your credit when reviewing your account.

The statute doesn't "imply" it; it says it explicitly, in words the average fifth-grader would understand.

Don't you think they would take your credit report into consideration before they shut you down?

Of course. You realize a soft pull gives the bank most if not all of the same info., right?
« Last Edit: November 28, 2016, 01:17:23 AM by jsk173 »

Offline shulem92

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Re: Dispute Credit pull?
« Reply #326 on: November 28, 2016, 01:15:57 AM »
Of course. You realize a soft pull gives the bank the same info., right?
Not exactly the same. There's a reason they do a hard pull when applying for new credit.

Offline jsk173

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Re: Dispute Credit pull?
« Reply #327 on: November 28, 2016, 01:18:23 AM »
Not exactly the same. There's a reason they do a hard pull when applying for new credit.

LOL. A soft pull gives enough info. for banks to make credit-related decisions, or else banks wouldn't be sending out credit offers based on soft pulls, would they?

Offline shulem92

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Re: Dispute Credit pull?
« Reply #328 on: November 28, 2016, 01:19:21 AM »
LOL. A soft pull gives enough info. for banks to make credit-related decisions, or else banks wouldn't be sending out credit offers based on soft pulls, would they?
When was the last time you had a preapproved! Offer based on a soft pull?

Offline shulem92

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Re: Dispute Credit pull?
« Reply #329 on: November 28, 2016, 01:20:04 AM »
LOL. A soft pull gives enough info. for banks to make credit-related decisions, or else banks wouldn't be sending out credit offers based on soft pulls, would they?
So now you're totally negating the difference between a soft and hard pull! OK so that's where the confusion lies