Corporate debt on my personal credit reports
Date: Wed, 08/06/2008 - 18:24
Hi everybody, I have a quick question. I sent in a debt validation letter to Federated Financial Corporation of America. They responded back by putting the debt on my personal credit reports and they also sent a letter stating this debt does not fall under the fdcpa because it is commercial business debt. Where can I find more information to dispute and have then validate this debt? Any assitance is greatly appreciated. :D
hi-- well, what they told you is actually correct--if it is a
hi--
well, what they told you is actually correct--if it is a legitimate corporate account. Business accounts are not subject to the fdcpa. However, you didnt say much about the debt itself---is it yours? If so, is it actually a corporate debt? If you can show that it is not a corporate account then they would have to abide by the FDCPA. More details could help us point you in the right direction on this one.
However, if the debt hits your personal credit reports,then it i
However, if the debt hits your personal credit reports,then it is subject to the FCRA. The tradeline must be accurate.
