Does a CRA have to have a SPECIFIC reason for a dispute, or does simply stating that they are reporting incomplete and inaccurate information enough to demand reinvestigation? I received a letter back from one of the CRA's and they cited "not enough info" to process dispute, they wanted a specific reason for the dispute, i.e not mine, etc. I used a version of the CRA dispute letter found on this site but I did not specifially say the account was "not mine", just that the info was incomplete and inaccurate. Thanks, 3day
From 611 of the FCRA: (3) Determination that dispute is frivolous or irrelevant. (A) In general. Notwithstanding paragraph (1), a consumer reporting agency may terminate a reinvestigation of information disputed by a consumer under that paragraph if the agency reasonably determines that the dispute by the consumer is frivolous or irrelevant, including by reason of a failure by a consumer to provide sufficient information to investigate the disputed information.
You need to at least throw them a bone... This is why most people do not mine as the first dispute... If there are multiple items which are erroneous then i would only give one of them at a time... If they investigate the one, and update everything correctly (or delete)... If they verify something which is erroneous, then it is a 623(b) violation which is actionable, and now thanks to Johnson v. MBNA we even have a little bit more teeth to leverage against the data furnisher. The reason that Ms. Johnson was able to win the $90,300 against MBNA; was because MBNA verified that the account was only her account, dispite a dispute which basically said "THIS ACCOUNT IS NOT MINE, IT IS MY EX HUSBAND'S ACCOUNT!" Depending on how the three CRAs transcribed the message into their cryptic codes.
