Radiate

2 soft pulls from Rausch ?!?

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Hey everyone, I recently started using credit again after not for the past 11 years. I got a loan in January and another one last week and decided to pull my free annual credit reports just to take a look and I noticed something odd at the bottom of my TU report under soft pulls.

It is listed just as Rausch Sturm With an address but it says phone number not available and there is no permissable purpose line like under the other soft pulls. They have pulled twice in the past  two years each a year apart. 

So my questions are....is Rausch a debt buyer or attorney? Google still leaves me confused.....why are they snooping around my credit report as I haven't had any debt since two credit cards back from 2003-2004 that were charged off after falling on hard times. 

Now I'm worried since I haven't applied for any credit up until this January and now my credit report has updated my new cell phone number and new employer and I think I may have a skeleton coming out of the closet

 

Any advice do I sit and wait and see or do I go looking for trouble and call them....I plan to pull my credit report again middle of August to see if they do another soft pull as they have the past two Augusts. I want to be prepared if there is something about to happen

 

Also if it is one of these cards last payment would have been in 2003ish

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31 minutes ago, Radiate said:

I haven't had any debt since two credit cards back from 2003-2004 that were charged off

While your old debts may be past SOL to sue, you technically still owe them unless they were paid or settled. 

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So if they're past the Sol what could they possibly be fishing for on my report and do you know if they are attorney's or JDB. Thank you for any information 

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2 hours ago, Radiate said:

So if they're past the Sol what could they possibly be fishing for on my report and do you know if they are attorney's or JDB.

Rausch Sturm is a law firm the specializes in debt collection.  While the SOL for suit or reporting the debt to the bureaus may have expired it doesn't mean the debt doesn't exist.  It means their methods of being able to collect are severely limited.  Nothing prohibits them from looking at your credit to see if you are able to pay then sending a letter stating "please pay us" even if they can't sue or report it.  As long as they have been asked to collect on a valid debt they can pull your credit regardless of the SOL.

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1 hour ago, Clydesmom said:

Rausch Sturm is a law firm the specializes in debt collection.  While the SOL for suit or reporting the debt to the bureaus may have expired it doesn't mean the debt doesn't exist.  It means their methods of being able to collect are severely limited.  Nothing prohibits them from looking at your credit to see if you are able to pay then sending a letter stating "please pay us" even if they can't sue or report it.  As long as they have been asked to collect on a valid debt they can pull your credit regardless of the SOL.

Is it normal for there to be no line with permissable reason under that pull? Everything else on my report has a line that says permissable purpose and states the reason but Rausch has none? 

Should I just sit quiet and wait and see if they call or send a letter? If they do call should I answer what do I say....if the contact me by mail do I send a DV?

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23 minutes ago, Radiate said:

Everything else on my report has a line that says permissable purpose and states the reason but Rausch has none

There's no requirement for the CRA to report the PP.  The only requirement here is that the puller actually have PP. The only way to know if they do is to ask them or sue them and get the info through discovery. The problem with the latter option is you could find yourself slapped with their legal costs and fees in defending an action in which they did nothing illegal. 

26 minutes ago, Radiate said:

Should I just sit quiet and wait and see if they call or send a letter? If they do call should I answer what do I say....if the contact me by mail do I send a DV?

Unless you're trying to set up violations, a DV is a waste of time since they can't sue you and only tips them off that they have a warm body on the other end. Otherwise they can't continue collection activity (letters, calls, etc.) until they validate, and each attempt pre-validation is a violation.

You can toss any letter from them in the trash and not think twice about it. You can respond and tell them you refuse to pay the debt and that you do not want them contacting you. If they keep contacting you, you'll have an FDCPA violation against them for each contact (still only a max of $1,000 no matter how many times they violate). It's been a while, but i believe this notification from you must be in writing, so if they call, you can just not answer or hang up on them. 

Or you can pay the debt if your conscience so dictates. 

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