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Dispute letters sent to the credit bureau

Date: Thu, 02/02/2006 - 12:32
Submitted by on Thu, 02/02/2006 - 12:32
Posts: 202330
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I just sent out a slew of dispute letter, disputing basically everything on my report because I have debts that are about to fall off( within 6 months) and I have collection agencies now buying them and reporting it on my credit report as last activity within the last month. What in the world is going on? All of the are past the 5 year SOL and within a couple months of the 7 year.

Also seeing that the CRA addresses are PO box, what if they do not pick up the letters and they are returned to me???


Quote:

and I have collection agencies now buying them and reporting it on my credit report as last activity within the last month.


Wow! This definitely caught my attention! Guys, can they do this? I thought the only way it could be renewed was by making a payment on it? I mean, we've been talking about this lately here in the forum, to make sure to check the dates on the SOL of the debt and also with the credit bureaus. Because you don't want to send a payment and have it renewed when the time is close to being up.

Someone else will have to jump in here because I haven't heard of this. But I am definitely interested. Shirley


Submitted by imkimssister on Thu, 02/02/2006 - 12:42

imkimssister

( Posts: 1301 | Credits: )


Yes, this is possible because it can be related to re-aging of the account. It means that the creditor, the collection agency or even the CRA try to update the last activity in your account so that the negative information can be kept in the file for longer period.

This is certainly a violation according to the Consumer Protection Act afforded by the FCRA (Section 605 )

You need to dispute with the CRA since they are entering the dates in your file. The CRA must pick up the letters from their P.O. Box or else you can file case against them. Make sure that you send your letter through certified mail with return receipt requested. If the letter is not picked, it will return to you and you can prove your part of settling the dispute.


Submitted by david on Thu, 02/02/2006 - 13:03

david

( Posts: 1229 | Credits: )


I mentioned that specifically in the dispute letters. I also noticed through a merged report that some accounts are being reported differently through all three CRA. They used different amounts and added extra numbers to the original account numbers (ie. 11111 or 0000) thereby adding more derogotory listings on the report. I had 39 listings of which several of them were as I just mentioned. Is that leagl?


Submitted by on Thu, 02/02/2006 - 13:09

( Posts: 202330 | Credits: )


NO!! If you have several listings that are of the SAME account, you can dispute it with the credit bureaus and they will remove the duplicated ones. This is, if after they do their investigations and they find that they are in fact, duplicates. My husband had two reports on the same debt and I had one removed after disputing it. 39 listings!!! that's
ridiculous!!! You need to dispute them and let the bureaus find what they find through their investigations. They will adjust accordingly. Shirley


Submitted by imkimssister on Thu, 02/02/2006 - 13:15

imkimssister

( Posts: 1301 | Credits: )


You need to dispute the negative items that do not belong to you or are incorrectly shown in your file. This might be due to some data error but it needs to be fixed soon so that it reflects your credit history accurately.

Quote:


YOUR NAME
ADDRESS
CITY, STATE, ZIP CODE
SOCIAL SECURITY #

CREDIT BUREAU NAME
ADDRESS
CITY, STATE, ZIP CODE

Date:

To Whom It May Concern:

I am requesting that the item(s) listed below be immediately investigated. The account does not belong to me/incorrect. Therefore, this credit report does not accurately reflect my true credit history and is detrimental to me.

Credit Report Date:

The following items are disputed: Entry(ies) issued by

Please return a report reflecting the result of your investigation with proof. Should verification not be provided within 30 days, I expect the above mentioned entry(ies) to be permanently deleted from my credit report.

Sincerely,

Your Name


It is your legal right to dispute any item on your credit report, for any reason. If documented proof that discredits your dispute isn't provided within 30 days, it MUST be removed by law. This is why it is so important to send the dispute form via certified mail. Not only to insure its delivery, but to have documented time of when it was sent.

Shirley, you are thinking right. This is what is meant in the letter I pasted above.


Submitted by david on Thu, 02/02/2006 - 13:28

david

( Posts: 1229 | Credits: )


I have two credit card debts on my report from 1998 and it keeps getting sold and passed from agency to agency. I received a letter by mail saying do you dispute this debt if so do it by 30 days. I also have a school loan i am still paying on and makes me look bad because of how old it is. What can I do? I paid Finger hut in full and wrote a letter of discontinuation and they kept open the account and continued to bill me. I wrote another letter spoke to two Reps there and it is still on my report as active. This is a nightmare on Elm street and I need to wake up some body shake me with some advice please.


Submitted by on Thu, 06/04/2009 - 20:52

( Posts: 202330 | Credits: )


Jazzy, Student loans stay on your report until they are completely paid even if they are from long time ago. They do not have a SOL (or even Credit reporting time frame) as far as I'm aware.. Soaplady can correct me if i'm wrong.

As far as debt being sold from 1998. I'd write them a complete C&D letter and dispute the validty of the debt. Make sure it's not on your credit reports.

I just found one from one collection agency (recently too) that I have yet to hear from. If they are on your report, dispute it with the CRA's.


Submitted by beli2005 on Fri, 06/05/2009 - 05:48

beli2005

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