TU DID NOT LIE!

[nyrfann]

For those who actually attempted to answer my question Thanks..

 

If I am here for help,then please try to do so.Being rude is not necessary.I am still reading the thread..It is kinda long..jeesh...

You'll be better served by starting on the n00b forum. Lots to read and learn for sure. This thread is kind of the beginning of the end! lol

true, true.

[wwbtbl]

I work for a credit and our TU rep said this was going to happen, as well as the change to AU policies. The reason is plain and simple and another unfortunate case of a few rotten apples ruining the whole bunch. This is why a lot of daily pullers were cancelling people and as a way to limit this. That didn’t help much and was presumptive which left them open for action.

 

There are many people here who use this to build up the credit scores with more lines and higher limits with absolutely no intent of defrauding the creditors. I’m sure a few use it with good intentions to get higher limits and cards and then unfortunately fall behind. This was generally a no harm, no foul situation.

 

These credit monitoring services are used by tons of people that have no idea about B* and therefore they will lose some business from the people at this site, but it will not be a huge impact. Remember we are in the extreme minority who investigate and work on our credit. For most it is a very passive enterprise.

 

The creditors are huge and primary money makers for the CRAs and the creditors were fed up with being baited and switched by unscrupulous debtors. They were putting a lot of pressure on the CRAs to fix these issues.

 

Identity theft is a huge problem for creditors and it has morphed into using legal immigrants that left the country to go back as well as innocent citizens. These crooks are smart, at least the good ones are and they would work hard on files of individuals and leave them somewhat dormant until the time was right. These crooks would use piggybacking to establish good lines and then apply for credit and use the cards for miniscule amount and bump off the inquiries. They probably got most of their info from places like this. Good people sharing information for good purposes then used for bad things. This would drive up the scores and they would look like ideal customers and then they would have like $400k in lines max them all out in matter of days and walk away. This is still happening at my POE. We look at the CBR we pulled and updates and they all look great and no reason to suspect. We reach out to the Credit Bureaus and they investigate and inform us over and over that this person has 60-100 hard inquires for credit in the last year. As a creditor we inform them we didn’t see them, but we did see all these accounts being opened with no inquires and then they open up about B* to try to cover themselves.

 

Plus, as long as the inquires are accurate consumers will have nothing actionable against TU or any other CRA. They are fairly reporting the information.

 

I never used B*. Working in the industry I have more cards and credit lines than I’ll ever need. Quite a shame though.

[Guest mixedup]

For those who actually attempted to answer my question Thanks..

 

If I am here for help,then please try to do so.Being rude is not necessary.I am still reading the thread..It is kinda long..jeesh...

 

If you are referring to my post- as being rude. I clearly stated"I'm not trying to be harsh, please don't take it that way"

 

If you are reading this entire thread then you should clearly understand why you are not getting your desired answer.

Nobody is trying to be mean or rude to you IMO. hth

[hawk_needs_help]

Has anyone who got Inq put back pulled your report through a source other then TC or its resellers? Would be interesting if someone who got inq put back would pull thru CS or Myfico or something so we know if they are really there or if this is some TC glitch

 

Mine were verified with CS. Can't pull TC until this evening.

 

Looking at my alerts on TC, all of my INQs from the past 24 months are there, even though they weren't showing up on the report.

[gweedoh]

WaMu is going to drop me like a hot potato or jack my rate big time if the inqs come back.

I would like to hear back from you if this happens and there is reasonable evidence it was a result of the inqs.

[hawk_needs_help]

Hmm how odd. I did CK earlier today and found my score went down 24 points.

 

My CK score tanked too. Must be the reason.

 

Ironically, my CK stayed the same with 4 "new" INQs from May.

 

I always though CK was a Fico score

[Krish]

No bumped Inquiries yet on my report.. hoping to NOT get them ...

[hegemony]

Identity theft is a huge problem for creditors and it has morphed into using legal immigrants that left the country to go back as well as innocent citizens. These crooks are smart, at least the good ones are and they would work hard on files of individuals and leave them somewhat dormant until the time was right. These crooks would use piggybacking to establish good lines and then apply for credit and use the cards for miniscule amount and bump off the inquiries. They probably got most of their info from places like this. Good people sharing information for good purposes then used for bad things. This would drive up the scores and they would look like ideal customers and then they would have like $400k in lines max them all out in matter of days and walk away. This is still happening at my POE. We look at the CBR we pulled and updates and they all look great and no reason to suspect. We reach out to the Credit Bureaus and they investigate and inform us over and over that this person has 60-100 hard inquires for credit in the last year. As a creditor we inform them we didn’t see them, but we did see all these accounts being opened with no inquires and then they open up about B* to try to cover themselves.

AUs are not going away what is changing is how FICO scores them. Many credit card issuers are worried about the effect FICO08 will have and FICO will still sell other scores and most lenders will still us AUs in internal scores.

 

Don't your fraud people comply with the US Patriot Act for real ID (i.e., not just rely on a single consumer report) ?

 

and I find it hard to believe that crooks care about B*

 

but as TU and the other CRAs DO provide additional information about inqs (i.e., the number of times a SSN has been entered) why does your POE only rely on reported hard inqs to decision applications? Why not exclude AUs from use in your internal scores?

Edited July 3, 2008 by hegemony

[Guest mixedup]

I wonder how long this cycle is going to take..months ?

[SonorityGenius]

I wonder if we can b* the re-added ones? =P

 

Obviously, someone needs to compile a list of pullers that arent resellers of TU..

 

I only know cs =(

[cuteazz1]

For those who actually attempted to answer my question Thanks..

 

If I am here for help,then please try to do so.Being rude is not necessary.I am still reading the thread..It is kinda long..jeesh...

 

If you are referring to my post- as being rude. I clearly stated"I'm not trying to be harsh, please don't take it that way"

 

If you are reading this entire thread then you should clearly understand why you are not getting your desired answer.

Nobody is trying to be mean or rude to you IMO. hth

 

 

Not you.. ..I see why I received those responses after reading a few more pages...

I'll shut up now..

[d00daa]

I wonder if we can b* the re-added ones? =P

 

Obviously, someone needs to compile a list of pullers that arent resellers of TU..

 

I only know cs =(

 

CCT

[Guest mixedup]

For those who actually attempted to answer my question Thanks..

 

If I am here for help,then please try to do so.Being rude is not necessary.I am still reading the thread..It is kinda long..jeesh...

 

If you are referring to my post- as being rude. I clearly stated"I'm not trying to be harsh, please don't take it that way"

 

If you are reading this entire thread then you should clearly understand why you are not getting your desired answer.

Nobody is trying to be mean or rude to you IMO. hth

 

 

Not you.. ..I see why I received those responses after reading a few more pages...

I'll shut up now..

after a few more posts you'll be able to PM- things will be better then

[gweedoh]

edit: retractred

Edited July 3, 2008 by gweedoh

[Cleric]

can someone provide cliff of the 20 page thread?

[hegemony]

The very first post pretty much summed up the entire discussion. B* is a bad bad idea.

 

B* is a violation of the FCRA. The people that used B* to intentionally manipulate their credit file are finally understanding why they were cautioned against doing so. The people that fell victim to B* are realizing the possible repercussions.

 

This is the WRONG thread to be asking about how to get B*.

 

but it is the CRAs who are violating the FCRA, not the consumers who look at reports everyday.

[Frisbee]

The very first post pretty much summed up the entire discussion. B* is a bad bad idea.

 

B* is a violation of the FCRA. The people that used B* to intentionally manipulate their credit file are finally understanding why they were cautioned against doing so. The people that fell victim to B* are realizing the possible repercussions.

 

This is the WRONG thread to be asking about how to get B*.

 

but it is the CRAs who are violating the FCRA, not the consumers who look at reports everyday.

 

Bless you Sir! I'm really getting sick of hearing from the "b" police here.

[nyrfann]

Identity theft is a huge problem for creditors and it has morphed into using legal immigrants that left the country to go back as well as innocent citizens. These crooks are smart, at least the good ones are and they would work hard on files of individuals and leave them somewhat dormant until the time was right. These crooks would use piggybacking to establish good lines and then apply for credit and use the cards for miniscule amount and bump off the inquiries. They probably got most of their info from places like this. Good people sharing information for good purposes then used for bad things. This would drive up the scores and they would look like ideal customers and then they would have like $400k in lines max them all out in matter of days and walk away. This is still happening at my POE. We look at the CBR we pulled and updates and they all look great and no reason to suspect. We reach out to the Credit Bureaus and they investigate and inform us over and over that this person has 60-100 hard inquires for credit in the last year. As a creditor we inform them we didn�€™t see them, but we did see all these accounts being opened with no inquires and then they open up about B* to try to cover themselves.

AUs are not going away what is changing is how FICO scores them. Many credit card issuers are worried about the effect FICO08 will have and FICO will still sell other scores and most lenders will still us AUs in internal scores.

 

Don't your fraud people comply with the US Patriot Act for real ID (i.e., not just rely on a single consumer report) ?

 

and I find it hard to believe that crooks care about B*

 

but as TU and the other CRAs DO provide additional information about inqs (i.e., the number of times a SSN has been entered) why does your POE only rely on reported hard inqs to decision applications? Why not exclude AUs from use in your internal scores?

Hege empty your inbox, I have something i want to run by you.

[MaTTeR]

The very first post pretty much summed up the entire discussion. B* is a bad bad idea.

 

B* is a violation of the FCRA. The people that used B* to intentionally manipulate their credit file are finally understanding why they were cautioned against doing so. The people that fell victim to B* are realizing the possible repercussions.

 

This is the WRONG thread to be asking about how to get B*.

 

but it is the CRAs who are violating the FCRA, not the consumers who look at reports everyday.

Exactly! I mean how is a consumer suppose to prevent TU's incompetence and poor software/hardware?

[d00daa]

For those who actually attempted to answer my question Thanks..

 

If I am here for help,then please try to do so.Being rude is not necessary.I am still reading the thread..It is kinda long..jeesh...

The very first post pretty much summed up the entire discussion. B* is a bad bad idea.

 

B* is a violation of the FCRA. The people that used B* to intentionally manipulate their credit file are finally understanding why they were cautioned against doing so. The people that fell victim to B* are realizing the possible repercussions.

 

This is the WRONG thread to be asking about how to get B*.

 

Yes, yes, we know. The world is coming to an end, we're all frauds that are going to end up in *bumpage* prison, yadda yadda..

 

Pay your bills, deadbeats!

 

[hegemony]

Identity theft is a huge problem for creditors and it has morphed into using legal immigrants that left the country to go back as well as innocent citizens. These crooks are smart, at least the good ones are and they would work hard on files of individuals and leave them somewhat dormant until the time was right. These crooks would use piggybacking to establish good lines and then apply for credit and use the cards for miniscule amount and bump off the inquiries. They probably got most of their info from places like this. Good people sharing information for good purposes then used for bad things. This would drive up the scores and they would look like ideal customers and then they would have like $400k in lines max them all out in matter of days and walk away. This is still happening at my POE. We look at the CBR we pulled and updates and they all look great and no reason to suspect. We reach out to the Credit Bureaus and they investigate and inform us over and over that this person has 60-100 hard inquires for credit in the last year. As a creditor we inform them we didn�€™t see them, but we did see all these accounts being opened with no inquires and then they open up about B* to try to cover themselves.

AUs are not going away what is changing is how FICO scores them. Many credit card issuers are worried about the effect FICO08 will have and FICO will still sell other scores and most lenders will still us AUs in internal scores.

 

Don't your fraud people comply with the US Patriot Act for real ID (i.e., not just rely on a single consumer report) ?

 

and I find it hard to believe that crooks care about B*

 

but as TU and the other CRAs DO provide additional information about inqs (i.e., the number of times a SSN has been entered) why does your POE only rely on reported hard inqs to decision applications? Why not exclude AUs from use in your internal scores?

Hege empty your inbox, I have something i want to run by you.

wilco

[hiiiiiiii]

The only question I have left is who rated this forum?

[athensgaguy]

can someone provide cliff of the 20 page thread?

Your bumped TU INQs might come back. TU might have started chopping. We don't know if bumpage will work on TU anymore.

[gweedoh]

The creditors are huge and primary money makers for the CRAs and the creditors were fed up with being baited and switched by unscrupulous debtors. They were putting a lot of pressure on the CRAs to fix these issues.

How is this bait and switch? Inquiries are a very small fraction of the overall picture of credit worthiness. This is evidenced by their low weight in FICO scoring.

 

Not to mention, if the inquiries were removed and remained gone, how would the creditors know there was an issue that needed to be fixed? Was there a surge in the number of defaults from people with 0 inquiries? I don't understand this part of your post.

[SonorityGenius]

Exactly! How are the consumers at fault for TU's gross negligence in assuring its database servers can accomodate all inquiries?

 

We, the consumers, used services of identity protection websites henceforth known as "daily pullers" just as they were advertised! "Unlimited access to your reports, whenever you want!" (Quote:Truecredit.com)

 

The bumpage police needs to BACK off. The corporations that maintain the credit files, and the companies that provide access to "monitor" them to consumers are at fault.

Edited July 3, 2008 by SonorityGenius