I made a bunch of online disputes with Experian a few weeks ago, mostly regarding inquiries I want removed. A few were removed almost immediately but the rest are pending and have been pending for awhile now. My 30-day period is coming up very soon and am I correct to assume that if these inquiries are not verified within the 30-day period then they are to be deleted regardless of their validity or not? If so, does this apply to all disputes? Thanks for any help!
I was wondering the same thing. Do you have to send a letter to them explaining that their 30 days are up?
By law, you really don't need to send them a letter reminding them of the 30-day rule. However, in some cases, you may have to remind them. In my cases, the CRAs have simply deleted at the end of the 30-day limit without any reminders. Whether the info is accurate or not, it must be removed (if requested) if not verified by the creditor. Tom
The only time it is necessary to send a second letter, is when the desired results have not been accomplished. If you get no response after 35-40 days send a second letter reminding them.
The entry must be deleted if the creditor does not verify the information. The creditor is supposed to respond to the dispute w/in 5 working days but the bureau's generally give upto 30 days. However, that does not prohibit the creditor from placing the derogatory back on after it has been deleted. This is more likely to happen on an active account that is being reported by the creditor electronically to the credit bureau on a regular basis. Aloha, Paul
