I pulled my credit report in May of this year and I noticed Merchants Credit Guide was looking at my credit report in the early part of january showing up as a soft inquiry. Here it is in July now and no collections has showed up or no letters sent in the mail for a so-called debt they will try to put on me. Went through this with Cavalry and after I sent all thoes letters to them, the CA, BBB, anf FTC the fake debt disappeared from my credit report. Do anyone think Merchants Credit Guide is up to no-good also??
2006-07-16 14:12:17 · 2 answers · asked by tiannabooboo 3 in Business & Finance ➔ Credit
Usually a 'soft' inquiry is for credit card/loan companies looking for potential customers. But upon looking at other reports on Merchants Credit Guide, they are trying to rip people off left and right! Be aware! They seem to be looking for debts to 'pick up' and try to collect illegally.
2006-07-16 15:12:15 · answer #1 · answered by Celeste 6 · 1⤊ 0⤋
It's quite possible. I got some weird calls one time and the agency did not identify itself or that it was an attempt to collect debt. They were just trying to get info on me and harass me. I finally had to change my phone number. It might be worth putting a fraud alert on your credit file and signing up for a service such as (I can't remember the name of it, but you pay a monthly fee and they alert you if any credit checks are done on you and they can serve as legal help also).
2006-07-16 14:20:05 · answer #2 · answered by kristen 5 · 0⤊ 0⤋