DV vs. Credit Report Reporting
Date: Thu, 03/05/2009 - 12:29
Submitted by desperatelyseekingsanity
on
Thu, 03/05/2009 - 12:29
Total Replies: 3
Is it true that a CA CAN report on your CR (without DV'ing) as long as they note in the CR that customer disputes? Can anyone provide proof in the FDCPA that they can do this?
Thanks for your response Nascar! Nice to see you - it's been aw
Thanks for your response Nascar! Nice to see you - it's been awhile! :)
In reading Sec 611 - it seems to imply that this applies to the credit bureau - upon "Subject to subsection (f), if the completeness or accuracy of any item of information contained in a consumer's file at a consumer reporting agency is disputed by the consumer and the consumer notifies the agency
directly, or indirectly through a reseller, of such dispute, the agency shall, free of charge, conduct a reasonable reinvestigation to determine whether the disputed information is inaccurate and record the current status of the disputed information, or delete the item from the file in accordance with
paragraph (5), before the end of the 30-day period beginning on the date on which the agency receives the notice of the dispute from the consumer."
I thought that reporting on your CR was considering a collection activity and if they couldn't report until they validated...
Since they are a CA, doesn't the FCDPA also come into play? And I thought that's were I discovered they couldn't report until they validated...
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