Good legwork, breeze, and I am soooo mad! Just as you would think, this site refers to four repositiories(http://www.cdiaonline.org/consumersfaq.cfm), which should have toll free numbers to respond to consumers. Yet Innovis (http://www.innovis-cbc.com/privacy.htm) redirects consumers to their "local credit bureau" to obtain disclosures of their credit reports!
Yep, I saw that! I am angry also. Recently I was interviewed by one of the ABC news magazines (no, I won't be on television) for background for a piece they're doing on telemarketing and fraudulent credit card charges. In our conversation, I mentioned some of the things we discuss on this board (and some others) and the interviewer asked me to send her the info, she said it sounded like another good investigative piece. If we all attempt (in writing) to get our Innovis files, and document the results. Also document when Innovis turns up in any other way (like credit denials), when she starts the investigation, I will post her email and you can all send them to her. The program is ABC's PrimeTime. We can get them - ABC will love it. Start your disputes. Keep your paperwork. Creditnet can lead the charge against Innovis!!! P.S. Hey Greg - wanna be on television?
Nice find Breeze! This is a major bomb to use against a CRA should they decide to not reinvestigate a dispute. Now excuse me as I print out about 10 copies in preparation for later use GT
All those dealing with incomplete reporting should not miss out on this one either (CapOne not reporting limits, and other issues related to incomplete reporting): http://www.cdiaonline.org/metrofed.cfm I will try to find the actual document - may not be online though. Any bankers, if you can get it, give it up, please! CapOne, here we come! Better start reporting our limits!
Re: credit industry news - good sit "If the data furnisher finds that the information is correct, the response goes back only to the reporting agency that initiated the dispute. However if the data provider finds that changes should be made, the response not only goes back to the credit bureau that initiated the dispute but also automatically, via electronic copies, to the other nonreporting bureaus -- at no additional charge to the data provider. The originating consumer credit reporting agency and the nonreporting bureaus retrieve the data furnisher's response from their mailboxes and update their credit files accordingly. The originating reporting agency then responds back to the consumer who filed the dispute. It's the responsibility of the data furnisher to update its internal accounts receivable information to ensure that disputed data will not be reported in the future." I guess this answers the ? about shared data. Pretty soon, all the reports will be the same, so why would there be more than 1 cra? Now the info doesn't even have to be submitted by a creditor????
Re: credit industry news - good sit One of the links breeze provided included a mention of the case "Dornhecker vs. Ameritech" -- which held that the creditor can be held responsible if it does not do a thorough investigation after the consumer has disputed with the CRA who then forwards the request to the creditor. Here's the full case summary (PDF file, but just 80k to download): http://www.ilnd.uscourts.gov/JUDGE/PALLMEYER/RRP_OPIN/00c26.PDF Doc
Umm. Maybe this is why Amex began implementing their new program - reporting credit limits to the bureaus. Time started - last week. Coincidence? I don't think so. Dani
I think a few of us should go on Planet Feedback and send a shared letter to Mr. Cooke with reference to this. The letters should definitely be shared for all to see. Maybe we all will suddenly start getting our limits reported to all the CRA's.
