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FCRA Questions

Discussion in 'Credit Talk' started by ru4real, Jul 15, 2003.

  1. Jul 15, 2003 #1
    ru4real

    ru4real Member

    I remember that the FCRA states that when a consumer disputes with an OC, the OC must within 5 business days notify the CRA's of such dispute.

    Problem is I cant find that verbage anywhere
    Can anyone point me in the right direction
     
  3. Jul 15, 2003 #2
    SoParkDiva

    SoParkDiva Well-Known Member

    From a post dated 3/23/03:

     
  4. Jul 15, 2003 #3
    SLOYAROLE

    SLOYAROLE Well-Known Member

    Section 611(a)(2)(A) of the FCRA

    Is that what you're talking about??? What that paragraph says is that...the when the "consumer" disputes with the "CRA", the CRA (before 5 days) is to notify the "furnisher (OC or CA)" that the entry is being disputed.
     
  5. Jul 16, 2003 #4
    jlynn

    jlynn Well-Known Member

    Diva,

    Just for clarification. Yes, the CRA must notify the OC of the dispute within 5 business days. What I was saying in that quote from March, is there is nothing in the FCRA that says the OC must mark in dispute within 5 days.
     
  6. Jul 16, 2003 #5
    SoParkDiva

    SoParkDiva Well-Known Member

    Re: Re: FCRA Questions

    Oops, sorry for the mixup. I was just trying to help. I'm learning. =)
     

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