Can someone explain this to me, I don't get it... I was reading an FTC Gov website on disputing credit reports and it said that when an account has been disputed w/ an agency and let's say for example, it is deleted, then the CA must report that info to all other CA's. So then why have read here to dipute seperately with all three CA's??????
I have been doing this for over a year, and i asked the same question just this morning. Can you tell me where EXACTLY you found that website? I would like to copy it and send it along with my proof from the other CRA's to TU. I do not have one negative item that is reporting on all 3 bureaus anymore. Each negative has been deleted from at least one CRA. Applying this logic, I should have a clean report, right? So much for dreaming..... Surely there is a way to push this though.
http://www.ftc.gov/bcp/conline/pubs/credit/crdtdis.htm Check it out...I found it through seaching on google.com Yes, I meant CRA, I'm new to this whole thing
I looked at that site, are you talking about this? "CRAs must reinvestigate the items in question--usually within 30 days--unless they consider your dispute frivolous. They also must forward all relevant data you provide about the dispute to the information provider. After the information provider receives notice of a dispute from the CRA, it must investigate, review all relevant information provided by the CRA, and report the results to the CRA. If the information provider finds the disputed information to be inaccurate, it must notify all nationwide CRAs so they can correct this information in your file. Disputed information that cannot be verified must be deleted from your file. This means that the information provider (OC, CA, etc) must share their results with all CRAs. This is the only text in the FCRA on this topic: (D) Automated reinvestigation system. Any consumer reporting agency that compiles and maintains files on consumers on a nationwide basis shall implement an automated system through which furnishers of information to that consumer reporting agency may report the results of a reinvestigation that finds incomplete or inaccurate information in a consumer's file to other such consumer reporting agencies.
After reading this, to me it looks like it says it is the responsibility of the information provider (original creditor, CA, etc.) to notify all the reporting bureaus of the incorrect information. "If the information provider finds the disputed information to be inaccurate, it must notify all nationwide CRAs so they can correct this information in your file. l Disputed information that cannot be verified must be deleted from your file." Yeah, right. Like that will happen!
yes that's it... So irratating, there has to be a system to link all the info so we don't have to fight 3 times more than necessary. For the love of god, its the year 2002! We are all judged on these reports, it needs to be easier for the consumer. It reads like there is leg on this so why isn't it happening
It reads like there is leg on this so why isn't it happening liss411 Because we the consumers aren't pushing it.
