First of all Where do I find a Lending Tree mortgage with good rates and less points? Looking forward for any answer or 2. My other question... I’ve been reading this board since Oct and have made much headway with taking control of my credit health. I hate to make my first post a question but I’m desperately seeking other opinions on a problem with DISCOVER card inquiries. I'm seeking your opinions if you'd be so kind. My compliments to all here.



I apologize for the length of this but am hoping that someone can offer some help. Also, if you are a Discover customer you should definitely read on for your own knowledge..

I pulled my Equifax report before the new year and found that Disc had pulled two hard inquiries within 30 days of each other without my knowledge. Get this, the reason they give is that they were pulled in response to my making larger than usual payments. In an effort to keep my balances under 20% I decided to bite the bullet and pay it down in a couple of larger payments. I can’t believe that this would fall under permissible purposes. The inquiries hit my score in the double digits. I had just gotten back up over 700.



Here is Discover's denial to my request to remove the inquiries from my CR:.

""Thank you for your recent message regarding the inquiries on your credit bureau reports. Your message was forwarded to me for review and reply..

You stated the inquiries of November 27, 2002, and December 27, 2002, were unauthorized by you. I did review the reason for those inquiries and found the November 27, 2002, inquiry was initiated based on a routine review of the $1600.00 payment we received on November 24, 2002. The inquiry of December 27, 2002, was initiated based on a routine review of the $1343.49 payment we received on December 18, 2002. We are authorized to obtain these reports as stated in the Cardmember Agreement as follows, "We may from time to time review your credit, employment and income records.".

The inquiries were requested by Discover Card for legitimate purposes and unfortunately, we are unable to comply with your request to remove the inquiries from your credit file. We are obligated to report inquiries related to the Account..

Although I understand you are not satisfied with our security and credit review procedures, I hope this information has been helpful. If you have any additional questions or concerns, please contact me again..

Respectfully,.

Coralee Moser.

Web Support Manager"".

I called and wrote Discover several times but as have met with not much more than arrogance and a complete disregard for me as a customer. I have had the card for five years with a good payment history. The account was in good standing when I made the payments..

Why would they pull two credit reports within 30 days of one another just because I was paying the account down? The FICO scoring system is treating the inquiries as if I’m seeking new credit. It’s an inaccurate and unfair representation of my creditworthiness. I am now in a higher interest rate bracket..

I realize that permissible purposes has been discussed here and I've read everything that I could find but I experience much trouble with the search function. Would anyone here like to offer suggestions or thoughts? I’d really appreciate it..

This is what I’ve done so far:.

Sent letters to Discover including one certified mail with the FCRA excerpts as suggested here. I requested that they remove the non-permissible inquiries or I will sue for damages..

I filed a complaint with the DE Better Business Bureau,.

I filed a complaint with the FTC,.

I sent an email to an attorney who is currently handling a class-action lawsuit against Discover for illegal activities regarding payment date reporting..

It looks like Discover is just going to give me the run around re their “Cardmember Agreement baloney, "We may from time to time review your credit, employment and income records.".

It looks like I’m going to have to sue them, I’ve never done this before, can anyone give some thoughts advice. I could just wait the 12 months until it doesn’t affect my FICO score but there is a real principle here. Discover seems absolutely without concern that they’ve lost a customer. They seem so self-assured in their right to pull a hard credit report because I made a larger than normal PAYMENT on an account in good standing which cleared immediately..

In fact, in the second “large” payment of mine (over $1000 is how they categorize it) the money had been in their account a full week when they pulled the hard inquiry in response to said payment..

Thank you in advance,.

Katrina.

Ps, they also pulled a hard with experian on the same day as the second inquiry but I haven't even approached that one...