A CRA can sell your credit report to a company, if that company intends to use the information from your credit report in connection with:
A CRA may also provide your credit report to companies in connection with a credit or insurance transaction that you did not initiate. These are commonly known as “promotional” inquiries. Therefore, you may not recognize some of the companies on the inquiries section of your credit report. But you should still be diligent about reviewing your credit report and identifying inquiries related to companies you do not recognize. You should determine, though, whether the unfamiliar company received your credit report for promotional purposes.
A person (which includes a company) cannot use or obtain your credit report unless it is obtained for a purpose that is authorized under the FCRA. These purposes are the same as when a CRA may provide your report to the requesting party.
There are other limited circumstances when a CRA may sell your credit report, including for employment purposes.
A CRA must always provide you with your credit report upon your request. You may be required to pay for your report if you have already received your free annual credit report. Go to Obtaining your Credit Report for more information.
If you believe a CRA has unlawfully sold or a company has unlawfully obtained your credit report, please contact us for a free consultation.