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Personal Finances / Credit Cards and Consumer Debt
|Subject: Interesting from TransUnion||Date: 11/1/2013 10:13 PM|
|Author: Fuskie||Number: 307462 of 310999|
I pulled my bi-annual TransUnion Credit Report today (as a resident of Georgia, I get 2 reports per CRA per year, so I pull a new one every 2 months) and noticed this note that I had not read before and wasn't aware of when it comes to who has access to my credit information.
The listing of a company's inquiry in this section means that they obtained information from your credit file in connection with an account review or other business transaction with you. These inquiries are not seen by anyone but you and will not be used in scoring your credit file (except insurance companies may have access to other insurance company inquiries, certain collection companies may have access to other collection company inquiries, and users of a report for employment purposes may have access to other employment inquiries, where permitted by law).
What I took notice of is the exceptions. Apparently, insurance companies get to see who else I have asked for a premium quote, debt collectors get to see who else is going after me (no one, thankfully), and employers can see who else has run background checks on me. I find this unacceptably creepy, since an insurer or employer could potentially use this information against me in underwriting or performance reviews.
What exactly does the law permit?
Who continues to maintain a clean credit record and strong credit score (based on his Credit Karma record)...
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