How many of you guys have had TU mark the accounts as being disputed when you request an investigation done? I have noticed that on all reports since September they have never marked any account as disputed at all. Not on paper or online. Has this happened to anyone else? or Have they included that note on the accounts?
mine says, customer disputes this account information or something to that effect. Even after they come back verified, the statement remains.
i am getting ready to nail it to a ca for a couple of medical bills becaue they did not notate report. in addition, they continued collection activity after receiving c& d notice by continueing to list debt on cr.
A cease and desist does not stop them from reporting to the cra's. All it does is stop them from contacting you.
what I mean is the CRA marking the account as disputed when you start an investigation with them. Has this happened to anyone else? Doesn't the FCRA state that they must?
Donna, I thought they were supposed to mark it that way myself. And you're right I've NEVER had TU mark mine as account being disputed. Wow..that's just one more bullet for me
They are supposed to mark it as disputed by consumer. It is rule 623 of the FCRA. It is #3. Here it is: § 623. Responsibilities of furnishers of information to consumer reporting agencies [15 U.S.C. § 1681s-2] (a) Duty of furnishers of information to provide accurate information. (1) Prohibition. (A) Reporting information with actual knowledge of errors. A person shall not furnish any information relating to a consumer to any consumer reporting agency if the person knows or consciously avoids knowing that the information is inaccurate. (B) Reporting information after notice and confirmation of errors. A person shall not furnish information relating to a consumer to any consumer reporting agency if (i) the person has been notified by the consumer, at the address specified by the person for such notices, that specific information is inaccurate; and (ii) the information is, in fact, inaccurate. (C) No address requirement. A person who clearly and conspicuously specifies to the consumer an address for notices referred to in subparagraph (B) shall not be subject to subparagraph (A); however, nothing in subparagraph (B) shall require a person to specify such an address. (2) Duty to correct and update information. A person who (A) regularly and in the ordinary course of business furnishes information to one or more consumer reporting agencies about the person's transactions or experiences with any consumer; and (B) has furnished to a consumer reporting agency information that the person determines is not complete or accurate, shall promptly notify the consumer reporting agency of that determination and provide to the agency any corrections to that information, or any additional information, that is necessary to make the information provided by the person to the agency complete and accurate, and shall not thereafter furnish to the agency any of the information that remains not complete or accurate. (3) Duty to provide notice of dispute. If the completeness or accuracy of any information furnished by any person to any consumer reporting agency is disputed to such person by a consumer, the person may not furnish the information to any consumer reporting agency without notice that such information is disputed by the consumer. (4) Duty to provide notice of closed accounts. A person who regularly and in the ordinary course of business furnishes information to a consumer reporting agency regarding a consumer who has a credit account with that person shall notify the agency of the voluntary closure of the account by the consumer, in information regularly furnished for the period in which the account is closed. (5) Duty to provide notice of delinquency of accounts. A person who furnishes information to a consumer reporting agency regarding a delinquent account being placed for collection, charged to profit or loss, or subjected to any similar action shall, not later than 90 days after furnishing the information, notify the agency of the month and year of the commencement of the delinquency that immediately preceded the action. (b) Duties of furnishers of information upon notice of dispute. (1) In general. After receiving notice pursuant to section 611(a)(2) [§ 1681i] of a dispute with regard to the completeness or accuracy of any information provided by a person to a consumer reporting agency, the person shall (A) conduct an investigation with respect to the disputed information; (B) review all relevant information provided by the consumer reporting agency pursuant to section 611(a)(2) [§ 1681i]; (C) report the results of the investigation to the consumer reporting agency; and (D) if the investigation finds that the information is incomplete or inaccurate, report those results to all other consumer reporting agencies to which the person furnished the information and that compile and maintain files on consumers on a nationwide basis. (2) Deadline. A person shall complete all investigations, reviews, and reports required under paragraph (1) regarding information provided by the person to a consumer reporting agency, before the expiration of the period under section 611(a)(1) [§ 1681i] within which the consumer reporting agency is required to complete actions required by that section regarding that information. (c) Limitation on liability. Sections 616 and 617 [§§ 1681n and 1681o] do not apply to any failure to comply with subsection (a), except as provided in section 621(c)(1)(B) [§ 1681s]. (d) Limitation on enforcement. Subsection (a) shall be enforced exclusively under section 621 [§ 1681s] by the Federal agencies and officials and the State officials identified in that section.
I've got the same thing on my Equifax (via CSC). After two disputes, they add the notation "consumer disputes account - says not his/hers". I'm not totally against it as it replaced the notation of account closed by credit grantor.
I thought it was in the FCRA but when I started looking at all my TU reports not one of them ever stated an account as disputed, I had to question myself.......... hhhmmm..........what to do now?
LKH, I thought that section refered to the furnishers of the information (the creditors) only.. Wouldn't this section refer to the CRA marking the accounts as being disputed with them or am I mistaken? § 611. Procedure in case of disputed accuracy [15 U.S.C. § 1681i] (c) Notification of consumer dispute in subsequent consumer reports. Whenever a statement of a dispute is filed, unless there is reasonable grounds to believe that it is frivolous or irrelevant, the consumer reporting agency shall, in any subsequent consumer report containing the information in question, clearly note that it is disputed by the consumer and provide either the consumer's statement or a clear and accurate codification or summary thereof
I have had the "customer disputes" notation on an account in my Equifax report since November. In January, I sent the proof to Equifax and stated that it has been over 30 days and that it should not be re-verified, but deleted. What do the morons do? The send me a letter stating they verified it with the creditor (something I asked them not to do) and the "customer disputes" notation is still there. I am racking up some of the other things they seem to verify, such as duplicates and the fact that they have pulled a promo inquiry on my file after I put a promo block on it and will take this to small claims, but I am in the middle of a move so I will have to wait until I am settled.
Duh. I misread it. I was thinking a validation to the creditor or ca was the subject. But yes, they still must mark it as being disputed. 611 is the proper rule.
