Jump to content

Required disclosure to 3rd parties?


Recommended Posts

Hi everyone,

I'm trying to find something that I can use to make a CRA provide my report to a 3rd party, specifically a potential lender.

I don't want to go into the details, but let's say for the sake of argument that a CRA is refusing to provide a copy of my credit report when requested by any potential lender.

I can access my credit report from the CRA by paying for it, so they are not refusing to provide it to me and therefore can't use §1681g.

Any help is appreciated!

Link to comment
Share on other sites

The problem is that CRA's charge for reports. If whoever wants to check your report is willing to pay, the CRAs will play along...

But what if they don't? Say a potential lender requests it, pays for it, goes through all the normal motions to acquire a credit report but a CRA refuses to provide it.

Again, I don't want to go into the details as to why I believe this may be happening, but I need to know if the consumer has any right to action in this situation.

Link to comment
Share on other sites

I suppose there may indeed be a reason that a CRA would suspend a client's (i.e., credit grantor) right to pull reports. Other than paying for a copy of the report yourself, and handing it to the creditor, I don't think there's anything you can do about it. If the CRA refuses you a copy, then you can sue...

Link to comment
Share on other sites

I suppose there may indeed be a reason that a CRA would suspend a client's (i.e., credit grantor) right to pull reports. Other than paying for a copy of the report yourself, and handing it to the creditor, I don't think there's anything you can do about it. If the CRA refuses you a copy, then you can sue...

Yeah, this is what I was afraid of :(

I don't know that a potential lender would have a way to score a hard copy of a credit report, and in the case of applying for a mortgage where qualification is based on a midscore, a consumer would be SOL.

Link to comment
Share on other sites

Guest
This topic is now closed to further replies.
 Share

×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.