The CRAs as Big Brother?

Discussion in 'Credit Talk' started by marci, Mar 30, 2001.

  1. marci

    marci Well-Known Member

    This is in reference to those who may wonder how seriously the CRAs care about
    what people post on the net.

    The except below is from Denise Richardson and the link is at Bayhouse:

    "Many of you have commented on the fact that I have not been
    posting on the public boards for awhile and my once loud, vocal voice
    had been unusually silent. There was a reason for that silence. The
    CRAs and creditors monitor these boards. In one of my many
    depositions I was asked to provide them with every name of every
    person I ever spoke to regarding this case as well as every email I
    ever sent or received."

    This is all the more pertinent for Lizardking, who currently is in litigation with Equifax.
    Please note that Equifax alone is taking Denise all the way to trial - and if anyone
    ever had a case against a CRA - she certainly does.

  2. marci

    marci Well-Known Member

    "except" should read "excerpt"...
  3. marci

    marci Well-Known Member


    The details are on Bayhouse in that "section" of the site where the above
    thread came from. Just seach all the conversations on Denise
    Richardson. Bankrate.Com has an articel on her, too.

    Fleet sent many letters to Denise affirming that the mortgage wasn't
    hers, but they would never update the correct info to the CRAs. Or it
    would get deleted only to come back. So she sued Fleet and every
    CRA using Larry Farber from Massachusetts.

    I know that your lawsuit is legit - I support ANY lawsuit that would force
    CRAs to stop performing these piss-poor verifications in their investigations.

    I've been burned by verifications -almost to the point that Denise was - even
    when I had written proof from creditors.

    I only mention her case to share with you how bullheaded Equifax is and that
    they may not "cave in" as readily as EXP and Transunion did.

  4. marci

    marci Well-Known Member

    Btw, Denise has a legitimate case against Equifax, too.

    They still deny doing anything wrong, even after Fleet settled and admitted
    "regret" for their faulty reporting.
  5. marci

    marci Well-Known Member

    Okay, fair enough. That is a big difference re amount of damages sought.

    I think she *had* to do big bucks since the account was in no way hers and
    her subsequent credit obligations (including mortgage ???) were really
    high interest or denied.

    I forget, but somewhere she wrote how much money Fleet's action cost
    her family.

    At any rate, I'm very interested in what happens to you and Equifax. I
    really hope you win that one. And Denise, too...

  6. roni

    roni Well-Known Member

    Marci answered your question.

    They do monitor boards like this and motley fools. We are just trying to wake you up to the fact. You and Lucy.


Share This Page