amber ??q??
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Last year, we refinanced our mortgage with a loan officer. Deal done.
We received a phone call from that loan officer stating that he could do some sort of a quick refinance again and reduce our rate by another point or so. We told him that we were irritated that it cost us ten grand last time and he said that this type of refi would be little or no cost to us.
We said we were only mildly curious but would like to know more details about what he called us to sell to us, and we would also talk to the mortgage guy directly at our bank to see how they compare. He said he would put some numbers together and asked if we knew what our credit scores are. We told him what we knew they are, and said very plainly and clearly "BUT DO NOT PULL MY CREDIT."
He pulled it anyways. We have a credit disclosure from him with a current score and a list of factors affecting the score.
So my question now is this - did he pull the credit report illegally? If so, what is our recourse?
We have a previous business relationship with him, but not a current business relationship. He solicited to us to start a new business deal. Even if that is enough, would verbal agreement over the phone be sufficient? If he misunderstood what was said over the phone could he legally pull our credit or would he still be required to get a signature?
We received a phone call from that loan officer stating that he could do some sort of a quick refinance again and reduce our rate by another point or so. We told him that we were irritated that it cost us ten grand last time and he said that this type of refi would be little or no cost to us.
We said we were only mildly curious but would like to know more details about what he called us to sell to us, and we would also talk to the mortgage guy directly at our bank to see how they compare. He said he would put some numbers together and asked if we knew what our credit scores are. We told him what we knew they are, and said very plainly and clearly "BUT DO NOT PULL MY CREDIT."
He pulled it anyways. We have a credit disclosure from him with a current score and a list of factors affecting the score.
So my question now is this - did he pull the credit report illegally? If so, what is our recourse?
We have a previous business relationship with him, but not a current business relationship. He solicited to us to start a new business deal. Even if that is enough, would verbal agreement over the phone be sufficient? If he misunderstood what was said over the phone could he legally pull our credit or would he still be required to get a signature?