Can you get my credit reports for the credit repair program?
Credit repair companies cannot run credit reports. I am aware that there are some credit repair companies doing this and I can only speculate that they are connected in some way with a lender, such as a mortgage company. This makes it convenient for them to run credit reports, but they are doing so illegally. There is a single exception which I will note below.
The Fair Credit Reporting Act, Section 604, is very clear that the credit bureaus are not permitted to provide credit reports to anyone except for a very narrow list of “permissible purposes”. This list includes the determination of credit worthiness, insurance underwriting, and employment screening. These prohibitions exist for everyone’s protection. A credit repair company pulling credit reports may have their customers sign an authorization form, and imagine that they are operating in a defensible gray area, but this is not so. The FCRA does not provide any gray areas, nor would we consider trying to find one.
Not a Great Start
In addition, a third party credit inquiry will hurt your credit score. Granted, the impact of a single pull will not amount to much, but this is not the right way to start your credit repair program. It is easy enough to purchase your own tri-merged report online, and when you start the Sky Blue Credit Repair program we will provide a link to an excellent discounted report that you will be able to obtain in a matter of minutes.
The TransUnion Exception
I mentioned that there is a single exception to the rule that credit repair companies cannot provide credit reports. TransUnion has selected several credit repair companies, including Sky Blue, to directly access their dispute center electronically, bypassing the normal dispute letter process. Part of this arrangement includes the ability to re-sell a TransUnion credit report to the client. We have not found this to be of value to our clients as all three bureaus are needed to commence the credit repair process.
We Can Help
If you would like our assistance on getting your tri-merged report, we will be glad to help! We can even do the majority of the work, but you will need to be on the phone line with us as there will be security questions that you alone will be able to answer.