Credit Report Question

I am reposting this under "General Forum", I have also posted this under "Audit Issue":We have a loan product that is not credit scored or risk based, but is secured by shares and is automatically approved provided the shares are available.  Procedure does not call for a credit report to be pulled, however, in reviewing these loans, I find that credit reports are being pulled on occasion.  What would the down side be to pulling these reports when they are not required (the the Credit Union or to the member)?  They are not used in approving the loans.