How would old CAs know you applied for mortgage?
Posted 21 June 2012 - 10:44 AM
Posted 21 June 2012 - 10:49 AM
I finally got one squeaky clean report and as soon as I did, within 5 days I had an old phone bill pop up for $100 that was beyond SOL. I haven't applied for a thing. Not a coincidence, I'm sure and no one was trolling my reports.
Posted 21 June 2012 - 11:19 AM
Posted 21 June 2012 - 04:44 PM
Opting out isn't going to keep you safe from playing Whack A Mole while doing a mortgage app. They know you have money for a home purchase and you want something. Make sure you have ALL your documentation from anything that may come back to bite you, like the hospital bill being written off before you apply.
Delete any old address before your mortgage app.
I wasn't applying for a thing, still in cleanup mode and a 7 yr old phone bill pops up 5 days after I'm clean and they weren't trolling my reports. Not that I could see.
Posted 21 June 2012 - 06:06 PM
Posted 22 June 2012 - 01:37 AM
Just wondering if there is some way of them knowing, if there is no indication they have pulled credit. In other words, when Portfolio popped up with an outdated collection, I knew something was coming because I'd seen an inquiry by them. But everyone talks about mortgage apps opening the doors and I'm wondering if there is some way for them to find out that wouldn't show as an inquiry on a credit report? Or, as long as I don't see them in the inquiry section can I more or less safely assume unpleasant surprises are unlikely?
From what I have heard they can sign up for reporting services that will inforrm them when there is sime sort of qualifying activity such as mortgage inqs. If you apply for an Amex you may see a Chase soft pull a day or so later for the same reason. They only pull your report if they need to see something particular.
Opting out does nothing to protect you from CA's buying your info.
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