Equifax claims to have verified a repo from 1995 that was reaged to 4/96 by Compass Bank after they took over Arizona Bank. I called Compass today to tell them Equifax said they verified this date and it is wrong. She first argued with me that derogs stay on your report for 7-10 years, not 7. I finally told her that the point is by their changing the date, they are adding anothe year to it whether it be 7 or 10. She finally agreed to check into it and let me know. She stated the date of last activity is based on the last payment made, which was 6/96. We then talked about Equifax, and she told me that when ever a cra tries to verify something, it is done by mail, and all mail is put in the file. There is nothing in my file from any of the cras. TU and Exp. have both deleted it. I asked her for a letter stating that. She said they have no standard letter for that. I asked her to just send me a note stating that none of the bureaus had contacted her about verification. She said if she can get the ok from her supervisor she will send me a letter. Even if they don't send me a letter, I can always subpoena the records if I file a lawsuit against Equifax. Then they will be hanging by their gonads.
Marie, in another post you stated "If so, it should've dropped w.in the 30 days for the dispute. No info at Citi means no possible verification. AND, if the CRA lies and says "verified" you have the ability to litigate and get anything else removed as a get out of jail free... Just a thought. " I'm curious as to what you would do in this situation. Should I just file a lawsuit now and send an offer to settle with them by having all derogs removed? Thanks
Well, I'd smile and giggle to begin with. You have them. See if you can get that "no contact from Equifax" letter. Have her fax it to you if you can first and then mail the hard copy... Then, if I were you, I'd write up a "lawsuit" with a cover letter and send it to their legal dept (if you want to even bother) trying to settle before litigation. But I'd do that if this was my only issue. If you have any other issues on your reports... then I'd call or write and get ALL your issues in dispute. ALL derogs. Find a reason, it doesn't matter. Call it in if you want. THEN, I'd file small claims and serve them. They'll see you have them by the no verificaion... and they'll see your pending disputes (and redisputes) and you'll get a clean slate. I'm beginning to think that "complaining" as we do has little impact and that filing the lawsuit has HUGE impact... 180 million files. what do they really care about a few blips on a computer with regards to your file... If you want to try and save the filing fee, you can try their legal dept. Otherwise, I'd really just put everything in dispute, get that letter from the bank, and file. You're under 2 mos from a perfect credit file.Thank them for their incompetence when you're done. It's the nicest present they could give to you
Marie, Every negative on my equifax file is currently in dispute. The disputes were all sent within a 1 month period. On the equifax econsumer site, my disputes are all shown with the completion dates, and yesterday, equifax has already extended the first due date by a week from 8/2 to 8/10 I'll probably wait for all the results to come, and then hit them with all the alleged verifications at once.
