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!
Submit your questions to have them answered on the show: TheExtraCreditShow@gmail.com
Available on Itunes, Stitcher, Google Play, and everywhere Podcasts are found.
Watch the show on YouTube : https://youtu.be/RVq0jCjwpxY