HI, I woul,d like to know how to deal with a original creditor? Most of the letters out there are targeted at Colection Agencies, however i have some credit lines that are being reported by the original creditor. I understand that the Federal Law is different for OC than for CA however I think that in some states such as Florida the state law applies to them. What should I do after I requested validation and I do not get one from a OC or I get a half arse validation attempt? Thanks in advance for help!
If I understand things right... The FCRA applies to anyone that reports, so if the OC is reporting incorrect info they are in violation. If your state has something similiar to the FDCPA, Colorado has the Colorado FDCPA, it applies. States can add regulations on top of the FDCPA, but they can't loosen those regulations. So it's possible that a state could decide that a CRA must send you a copy of your credit report anytime it changed and the CRA would have to comply. As for what to do know, I have no idea what to do next. Someone else??
Florida does have laws that apply to the OC, but they don't cover validation. It generally mirrors the FDCPA's prohibited practices. Florida Statutes Chapter 559 part VI Gib
