As I've been working on credit over the past few months I've come to realize that most creditors are not set up to handle CNetters (i.e., those who know their rights and are encouraged to be persistent). Not sure why this is, but their internal systems can't seem to handle multiple letters, disputes, etc. Once their employees have to get involved (rather than just their computers talking to the CRAs computers) they inevitably screw up something. While I was at first extremely annoyed by the constant errors, I now look forward to them. I have had almost every legitimate "baddie" on my CR and my husband's CR removed due to creditor errors. My favorite: We have a closed credit card account with one late on it. I sent a validation request (which they never answered), disputed with the CRAs and have sent a follow-up letter. As a result, they have changed the date of the late several times over the past four months (5 times on my husband's EQ report alone), have yet to report consistently across all three of the CRAs, have listed a late on the same month that the account was opened and have listed a late a month past the account was closed and paid in full! No question here -- just a testimonial that persistance does pay off. Sooner or later they will get things so screwed up that they will have little choice but to "fix" it to your satisfaction.
My two favorite - and persistent - goofy TLS: 1) An account discharged in BK that was 120 days late - 12 times. The account was opened and closed in less than a year! 2) An account discharged in BK (two years ago) that is still open. Both of these, no matter how they get it wrong, are still reporting as late. I've NEVER been late, but every CR sees 2 current lates. Friggin' hilarious...
I have been working ON AND OFF for 20+ years for the BIG 3 to be 100% PERFECT---and I have NO BADDIES!!!
Re: Re: Re: Creditors Not Set Up To Handle CNET THAT WAS FLEET that made me move to the drainage ditch at the end of the street... GOOD THING THE COUNTY MADE THEM PAY ME BIG BUCKS FOR THE MOVE BACK!!!
Re: Re: Re: Creditors Not Set Up To Handle CNET CRAs; CAs & OCs do not have systems in place for a massive campaign of consumers who should decide to make a concerted and organized effort to blast them with verification requests. Just like the courts are not designed to accomodate the amount of problems that would occur if every person who receives a speeding ticket decided to challenge it in court. "And your court hearing is scheduled for June 15, 2009 at 9:30 pm" Just think of the possibilities if everyone would make a concerted effort to "challenge" the (credit)system that is so ambiguious and un-fair to most consumers. Keep the line moving...
Just think of the possibilities if everyone would make a concerted effort to "challenge" the (credit)system that is so ambiguious and un-fair to most consumers. texan =============== It's not a system it's a con job and it's not concerned with ambiguious and un-fair it's about bilking the consumer out of millions upon millions of $$$$$$$$$.
But they're well equiped to milk us for millions thanks to their use of credit reports and credit scoring.
But GEORGE, thats only because the UYGF factor is the number one element of the credit reporting and scoring models... ;>
