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car loan company keeps checking my credit report

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    car loan company keeps checking my credit report

    I noticed on my credit report that the company that I have a car loan with has been checking my credit. I am in C13 and I have had the loan for over an year. Is this common?

    #2
    No, it's not common unless this is what they call a "promotional" or "account review". Many credit companies review a person's credit monthly (especially American Express!). This lets them see any trends or if you're about to default. So long as these are "soft" inquiries, they don't matter.
    Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
    Status: (Auto) Discharged and Closed! 5/10
    Visit My BKForum Blog: justbroke's Blog

    Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.

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