I disputed an account on Transunion regarding money owed for lease. The CA did not respond to validation (outside of 30 days) and did not mark the account as "in dispute" on CRA. I just received a new copy of Transunion report and the item is listed as "Date Closed: 04/2007" What does that mean? I didn't pay them any money. Can they leave it on account as is? I thought that if the CA did not validate or did not settle with me they would have to remove the tradeline and THEN the OC could relist it for the reporting period of seven years.
Did you dispute thru CRA after requesting timely validation thru CA? If so, did CRA send you the result of their investigation?
To be more clear.....I request validation just recently on an account that is three years old. When the CA didn't respond in any way, I intended to dispute with the CRA's including proof of all requests. Meanwhile, I noticed the account marked as stated...?????
Had the CA sent you a collection letter 3 years ago? Did that letter notify you of your dispute rights? That would have begun the 30 day period in which a validation request would have blocked continued collection until provided. Or were you recently disputing based on seeing it on your CR, and having not previously received a letter from the CA? Regardless, having received your dispute, they had an obligation to mark it in dispute if it was reported at all, and not just mark it closed. Is it showing a balance? Have you disputed thru the CRA, TU?
No reply to letters to validate. I was next going to dispute Transunion. Just didn't understand what the 'date closed' implied. I wondered if that would make it more difficult to dispute the item.
Did they send you ANYTHING 3 years ago? The cease of collection activity (including verification of CRA disputes) only applies definitively, when sent within 30 days of receiving the initial notice. This was what Ontrack was asking, and why...
A couple of possibilities here: 1) The CA on your CBR has sold the account, and per the CA's labeling/status the account is "closed" (with them). Often, an "actual" date is not reported, but merely the date of communication is used as "Best Available Information". 2) The account was returned to the OC, and similar scenario to above. 3) "Updating" this account with information of "Closed" is the CA's way of "not validating", or escaping requirement to validate. This may be a "favorable" interpretation of discontinuing collection activity by the CA. 4) TU somehow made a mistake of interpreting what ever information was furnished by the CA, or perhaps it was updated incorrectly by the CA. The CA is not required to delete the tradeline solely due to not validating it with you. You are in the "grey zone" here, as they are only (fully) legally obligated to provide validation if you dispute the valididty of the debt within 30 days of receipt of 1st notice. I recommend that you call TU, and request more detail/definition of the new information. You should be able to dispute the TL on the same phone call.
