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     | Friday, June 09, 2000 - 02:40 pm  About three to four weeks ago the FCRA passed a new law. It states that the CRA can only keep inquiries on your report for one year. Check your report everyone and if their over a year old file a dispute. Remember inquiries lower your FICO. Also you may not know that if you are not granted credit by a creditor who made a inquirie, by the FCRA laws they must remove it. It's not easy to do all three of the CRA don't comply but if you push the issue you can get it removed. Good Luck!!
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| | Friday, June 09, 2000 - 03:40 pm The FCRA is a Law itself, not a governmental body. The Congress passes laws, which are signed by the president. State assemblies also pass laws, which are then signed by the state's Governor. Can you get is a link to this somewhere on a .gov website?
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| | Friday, June 09, 2000 - 09:30 pm Yeah, I'd like to see that *new* FCRA link too. I think we would have heard about it if it existed. For Credit Scoring the inquiries are only counted for the 12 preceding months anyway. On RMCRs we only list inquiries in the preceding 3 months.
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| | Saturday, June 10, 2000 - 11:09 am Yes, I know how laws are made. Boy their are some pretty bright people here. Christine the expert you think you are, you should keep up with this stuff! Here it is FCRA 609.3 II. Go to findlaw.com Christine and read it yourself. It's not a link. Is that how you get all your expert advice from links someone tells you about. Try doing your own research, maybe some of the advice you give would be correct and just maybe help someone. That is what your trying to do here isn't it??? Like I said on my other message I won't post or reply here again, you people are just way to smart for me! Good Luck to All!!!
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| | Saturday, June 10, 2000 - 03:13 pm Tim, I don't go to .com's to get the law, I go to .gov's. And here's what's in the FCRA published at http://www.ftc.gov/os/statutes/fcra.htm#609 "§ 609. Disclosures to consumers [15 U.S.C. § 1681g] (a) Information on file; sources; report recipients. Every consumer reporting agency shall, upon request, and subject to 610(a)(1) [§ 1681h], clearly and accurately disclose to the consumer: (1) ... (2) .... (3) (A) Identification of each person (including each end-user identified under section 607(e)(1) [§ 1681e]) that procured a consumer report (i) for employment purposes, during the 2-year period preceding the date on which the request is made; or (ii) for any other purpose, during the 1-year period preceding the date on which the request is made." I don't get it, I see nothing new. Makes me wonder if Tim isn't with a CRA on a mission to spread misinformation and to disrupt INTELLIGENT discussions. I see nothing in §609 that has ANYTHING to do with the maximum time inquiries are listed. The entire §609 is about CONSUMER DISCLOSURES: "§ 609. Disclosures to consumers [15 U.S.C. § 1681g]" Tim once again makes it so clear how important it is to understand what you read. It takes a certain skill, it sure isn't easy. There is nothing more dangerous than thinking that you know something when you're really clueless. And as I mentioned several times lately, don't believe anything that's not documented. Let's continue to quote from the law or whatever source and combined with experiences we'll figure things out.
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