Can CC's and other creditors get negative items posted to your credit report after an account is closed and paid in full? If so, what makes this practice legal?
lbrown59, Thanks for the reply. Really? There isn't something out there that would construe such reporting as illegal, inpermissable, or something along those lines? I guess creditors could pretty much report what they want to, in direct opposition to the spirit of consumer protections laws and the spirit of the Fair Credit Reporting Act. Do you think these bad boys could possibly help this case? http://www.ftc.gov/os/statutes/fcra/benner.htm http://www.ftc.gov/os/statutes/fcra/gowen.htm As the cliche goes, where there's a will, there's a way!
rp56 | 6 posts since Jul 2003 64.175.80.178 | 07.30.2003 @ 22:21 Can CC's and other creditors get negative items posted to your credit report after an account is closed and paid in full? If so, what makes this practice legal?
