When searching around on the Innovis site I found this section in their "notice to furnishers of data": General Prohibition on Reporting Inaccurate Information: The FCRA prohibits information furnishers from providing information to a consumer reporting agency (CRA) that they know (or consciously avoid knowing) is inaccurate. However, the furnisher is not subject to this general prohibition if it clearly and conspicuously specifies an address to which consumers may write to notify the furnisher that certain information is inaccurate. Sections 623(a)(1)(A) and (a)(1)(C). To me that sounds like they are saying you can knowingly provide false data if simply you provide an address with the listing. It is from this link: http://www.innovis-cbc.com/word/notice_furnishers.doc Which also has this interesting passage about delinquency dates: Duty to Report Dates of Delinquencies: If a furnisher reports information concerning a delinquent account placed for collection, charged to profit or loss, or subject to any similar action, the furnisher must, within 90 days after reporting the information, provide the CRA with the month and the year of the commencement of the delinquency that immediately preceded the action, so that the agency will know how long to keep the information in the consumerâ??s file. Section 623 (a)(5). -Peace, Dave
Is this correct? Are furnishers of data that simply provide an address, NOT held to the same standard of truth? The FCRA prohibits information furnishers from providing information to a consumer reporting agency (CRA) that they know (or consciously avoid knowing) is inaccurate. However, the furnisher is not subject to this general prohibition if it clearly and conspicuously specifies an address to which consumers may write to notify the furnisher that certain information is inaccurate. Sections 623(a)(1)(A) and (a)(1)(C). -Peace, Dave
