Credit reporting, credit repair services, or other personal consumer reports -- Improper use of your report -- Complaint #5100932

Complaint Overview

Complaint ID: 5100932

Company: Experian Information Solutions INC.

Product: Credit reporting, credit repair services, or other personal consumer reports

Sub-Product: Credit reporting

Issue: Improper use of your report

Sub-Issue: Reporting company used your report improperly

State: Michigan

ZIP Code: 484XX

Date Received: 2022-01-11T12:00:00-05:00

Date Sent to Company: 2022-01-11T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I have been looking into purchasing a new home mortgage since XXXX of XXXX. Since then, I've interviewed 3 mortgage companies shopping around for the best rate, which is recommended. However, the housing market has made it difficult with low inventory and inflated pricing. Our search has taken way longer than anticipated. Since having to inquire with multiple companies over time. In this housing market it is necessary, for credit bureaus to make some adjustments to the length of time mortgage companies are allowed access to scores without impacting the borrowers credit score. I am not inquiring on multiple different loan types or even loan needs. These inquiries were all for a primary home starting in XXXX XXXX. Please take a look at the duplicate mortgage inquires and prescreening inquiry and delete multiples. I started with the most recent, XXXX or XXXX XXXX XXXX, who was offering a down payment assistance program ( on a specific property we were interested in ) and required a credit check in order to verify eligibility and check rates. The offer sounded like a great program, but the rates offered were much higher than others, the loan officer is rarely available and hasn't answered questions about interest rates or APR, leaving me to believe they are an unreliable banking source. XXXX XXXX XXXX XXXX XXXX Inquiry date : XX/XX/XXXX Removal date : XX/XX/XXXX XXXX XXXX XXXX XXXX Inquiry date : XX/XX/XXXX Removal date : XX/XX/XXXX XXXX XXXX XXXX Mortgage Companies Inquiry date : XX/XX/XXXX Removal date : XX/XX/XXXX XXXX XXXX XXXX Reporters Inquiry date : XX/XX/XXXX Removal date : XX/XX/XXXX XXXX XXXX XXXX XXXX XXXX Inquiry date : XX/XX/XXXX XXXX XXXX : XX/XX/XXXX XXXX

Frequently Asked Questions

What is Complaint #5100932 about?

Complaint #5100932 was filed against Experian Information Solutions INC. regarding Credit reporting, credit repair services, or other personal consumer reports specifically about Improper use of your report. It was received by the CFPB on 2022-01-11T12:00:00-05:00.

How did Experian Information Solutions INC. respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Credit reporting, credit repair services, or other personal consumer reports) and describe your issue in detail.

Can I see other complaints against Experian Information Solutions INC.?

Yes, visit the Experian Information Solutions INC. company profile at readthecomplaint.com/company/experian-information-solutions-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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