Lighthouse Recovery Associates INQUIRIES Feb. 21, 2012 You have a new credit inquiry on your credit report submitted by LIGHTHOUSE R. Centennial, Colorado

  Hello,
I was reading your post. I am currently trying to repair my credit. I'm a single mom of 3 kids  and I am in  need of stable housing quickly for my children and myself. So  that means owning my own  home knowing my credit wasn't good and  I am financially limited  and unable to get a down payment.  I decided to contact a law firm and spoke with a paralegal who could explain some of the process that  would have to happen to qualify for rent to own homes. This required a credit summary. I decided I  couldn't presently afford their fee's, but he sent the summary he obtained, and there it was.  Lighthouse R. I have also filed a complaint. I read another persons report here on this company and  the funny thing is, the other persons inquiry date and my inquiry date are the same or 1 day apart.  (not sure ,I'm tired). I was wondering if you'd found out anything? If so i'd be greatly interested in  hearing what you've learned.
Thank you for your time
Randi

This sounds like a Collection Agency, so the first question is do you have any outstanding delinquent debts?  If you do, then you did give them consent by way of your original creditor.  You can also expect a letter and/or collection calls from them in the near future.

If you don't have any outstanding debts, that you know about, there are a couple of other things to look at.  First what type of inquiry was this?  If it is considered a "soft" inquiry then no one else sees this, and it could be them just trying to find a particular debtor.  Really nothing to worry about.

If it is a "hard" inquiry other creditors do see this.  The company you are getting your Credit Report from should identify what type of inquiry it was.  If it was a hard inquiry and it is not your delinquency you should be able to dispute it with the credit reporting agencies to have it removed.

Now, if as a result off this they contact you or place a collection account on your credit report.  I suggest you read up on the Fair Debt Collection Practices Act(FDCPA) as those are regulations that a Debt Collector must follow.  You may also want to look at the Fair Credit Reporting Act(FCRA) as well.  If they don't follow these regulations, then you can turn the tables and go after them.