I am sure this has been addressed before - but when I dispute with TU, it does not show up on my TU credit report that the items I am disputing are being disputed. So isn't this a HUGE VIOLATION? And if so, why don't WE ALL sue them? Seriously? If they are required to note the accounts as being disputed and don't, then they are breaking the law, right? Or does it just not show ME that they are in dispute? I mean, if a potential creditor pulls my credit report during a dispute, can they tell that I am disputing something? If they are in violation of the law, it looks like that would be a quick and easy way to get a clean credit report and maybe a little moo-lah. Or am I mistaken? Also, would somebody direct me to where it says if an item is in dispute, then it must be notated on your credit report? I've looked at the FCRA links, but I can't find that part - or maybe I am overlooking it. (I must admit, when reading all that jargon, I have to read it over and over and pick it apart before it makes any sense to me...)
First - yes it is a violation. Second, I think if you look at section 623 of the FCRA - you will find what you are looking for.
I just asked "Mr. Richman" this same question! He says I'm confused between the reporting company and the CRA!! I sent him a couple of quotes this morning, that included the http://www.ftc.gov/os/statutes/fcra/harvey.htm opinion letter.
Either, depending on the situation. If you sent your dispute to the OC, then they have that duty. If the dispute was sent to the CRA, then its their responsibility to add that notation.
TU's system is in process of being updated. YES, it's a HUGE violation on every thing you dispute. If you want to cement it, have a local bank pull your tu report... see anything in dispute? NO>>> well guess what... then you also have a witness you can subpeona to court.
