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Learn all about Credit Repair, Debt Settlements, Credit Reports, Identity Theft, Credit Scores and all topics related to Consumer Finance.
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Friday Nov 09, 2018
Friday Nov 09, 2018
Has the FCRA been violated if the dealership shotguns your credit if you've given them permission to run it at least once? I've had this discussion 100x over the years with angry consumers. You go to the dealership to buy a car, and when you get to the financing part they run your credit with several lenders and thus you end up with several, sometimes a dozen or more inquiries on your credit report.
Consumers freak out, and maybe justifiably so. In this episode we discuss a very recent case of a consumer who sued a car dealership for doing just this, and we discuss the courts ruling which is quite interesting. Check it out!
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