I paid off a charge off account in Aug. and disputed it earlier this monk--not mine, today I received a letter about they were notified of the dispute and sent a form for me to fill out for fraud. What should I do. The account was only 48 dollars.
That's why you shouldn't dispute as "not mine" unless it really isn't. You need to dispute based on what is wrong with the reporting.
From whom did you receive the letter? Was it the credit reporting agency, or the original creditor, or collection agency? I suggest you do not complete the fraud forms, but do respond with a letter stating the account is "not recognized as reported", and you will need to specify an error detail in the reporting. State you do not recognize the account number, dates, or something similar.
letter came from original creditor Date Opened: 01/2005 Type: Revolving Credit Limit: $48 Date of Status: 09/2007 Terms: NA High Balance: $48 Reported Since: 10/2006 Monthly Payment: $0 Recent Balance: NA Last Reported Date: 09/2007 Responsibility: Individual Recent Payment: NA
I'm not advocating lying but, if the OP would say that it was a fraud account where is the crime? Let's not scare folks here when there is no reason to do so . . . That said, don't issue not mine disputes insofar as they usually fail, they're dishonest, and they provide nothing if the account is verified as opposed to a pinpoint dispute.
