Collection letter for debt that was removed from my report
Date: Thu, 01/11/2007 - 16:19
I just recieved a letter for a collection company from a debt that was removed for my credit report for SOL and 4 being a fraud account because at the time I was 17. Can they still collect and can they report this again on my credit report
Collection agency / creditor / credit bureau cannot re-insert in
Collection agency / creditor / credit bureau cannot re-insert information unless they have legitimate proof of the debt. They must notify you in writing within 5 business days before reporting to the bureaus. Refer to the FCRA Part (A)(5)(B)(ii) law.
Get the debt validated by the collection agency and monitor your credit report regularly.
It is really wrong that our financial life is ruled by these 3 c
It is really wrong that our financial life is ruled by these 3 credit reporting agencies. It seems that most everybody has incorrect informtion on their report. I would like to know why these 3 agencies accept every bit of informtaion the receive from the bogus CA's as truth.