topic Re: Why you shouldn't dispute via annualcreditreport.com in General Credit Topics

Why you shouldn't dispute via annualcreditreport.com

Tuscani — Wed, 16 May 2007 11:50:27 GMT

The FCRA and FACTA allows consumers one free credit report every 12 months for each of the CRAs.

More info: http://www.fdic.gov/consumers/consumer/alerts/facta.html

The standard investigation guildelines are 30+5 days. This means if the CRA does not respond within 30+5 days the account is dispute MOST be deleted. The extra 5 days are for mailing. If you dispute items via annualcreditreport.com the following stipulations apply:

612. Charges for certain disclosures [15 U.S.C. � 1681j]

(3) Reinvestigations. Notwithstanding the time periods specified in section 611(a)(1),
a reinvestigation under that section by a consumer reporting agency upon a
request of a consumer that is made after receiving a consumer report under this
subsection shall be completed not later than 45 days after the date on which the request is received.

What this means is you are giving the CRAs an extra two weeks to investigate (45+5). This can cost you deletes and makes you wait longer for results. You should always file your disputes from a paid report. For your conveinece, there is a dispute link included on your MyFICO report that will link you directly to the CRA dispute form.

-Tusc

Re: Why you shouldn't dispute via annualcreditreport.com

My_Fico_The_Fink — Sun, 24 Jun 2007 09:49:05 GMT

I had already made the boo boo of disputing via annual credit report on experian website. Does it hurt to resend a paper dispute. Or go ahead and pay for reports and redispute.

Re: Why you shouldn't dispute via annualcreditreport.com

jenkins — Sun, 24 Jun 2007 13:42:59 GMT

well i have to dispute through csc do they also do the 2 extra week thing? i just disputed all the negative items on mine with them.

Re: Why you shouldn't dispute via annualcreditreport.com

Tuscani — Sun, 24 Jun 2007 13:50:13 GMT

Do not start another one until the existing one is complete.

Re: Why you shouldn't dispute via annualcreditreport.com

HappyDays — Sun, 24 Jun 2007 22:40:06 GMT

let me get this right. TU sent me to ACR to file free dispute 6-23. I should wait until i hear from them and then refile? where to i refile? I also filed with EQ but can not file online free with EX.

Re: Why you shouldn't dispute via annualcreditreport.com

HappyDays — Wed, 27 Jun 2007 12:55:56 GMT

Thank you Tuscani!!!! I have read this before but I only saw the 45 day on the reinvestgations.

I already made the mistake of filing mine using the free. I am doing hubby's now & wanted to be sure.

I know that you can not keep track of every states SOL laws but if anyone is looking I have the legal SOL for the state of CT.

With all the help from you and others I just might get through this.

Thank you all very much. I love this forum!!!!!

Re: Why you shouldn't dispute via annualcreditreport.com

Stewdent101 — Sun, 29 Jul 2007 16:45:13 GMT

What is the reason why the CRAs use the 45 day rule for a free annual credit report.

I don't understand this. When the law was put in place that all consumers would be entitled to a free credit report the 45 day rule was not publicized. I am sure that if consumers knew that this would stop a deletion they would have fought against it. It does not give the consumer the opportunity to review their completed investigation to determine if they need to request a re-investigation.

Knowing the CRAs they are not doing a re-investigation on any dispute, merely waiting the 45 days before notifying the consumer about the results of their disputes.

Question: I have a 3 in 1 credit monitoring account with TrueCredit, and I went to TransUnion to file an online dispute, put in my user name and password, when I clicked it took me directly to annualcreditreport.com. I did not understand why.........since I had purchased my credit report a couple of months before. I am still waiting on the results of my disputes from TU. I have received EQ and EX, because the option for annualcreditreport.com did not come up at their sites.

Does anyone know why this happened.

Re: Why you shouldn't dispute via annualcreditreport.com

bren39 — Sun, 29 Jul 2007 18:01:19 GMT

Sure wish I had known this earlier...

Re: Why you shouldn't dispute via annualcreditreport.com

HappyDays — Sun, 29 Jul 2007 18:38:54 GMT

Bren, I filed free and received final report within 30 days. Maybe I didn't have complex issues, but I will not do it again.

Under any conditions the CRA has 45 days IF they are waiting for report from a creditor!

Message Edited by HappyDays on 07-29-2007 11:38 AM

Re: Why you shouldn't dispute via annualcreditreport.com

creece4485 — Thu, 07 Feb 2008 15:38:22 GMT

I also disputed information through annualcreditreport.com. I disputed on November 27, 2007. My question is, is the 30-45 days business days, or are the weekend and holidays counted? it's Feb 7, 2008, and I still haven't recceived anything in response to the dispute.

Thanks,

Christie

Re: Why you shouldn't dispute via annualcreditreport.com

SlayerCommaThe — Thu, 13 Mar 2008 02:37:58 GMT

This is good to know. I did recently dispute two items, one not mine and the other past the 7 year mark, via ACR and TU deleted them in 36 hours. I suppose I lucked out. In the future, however, I'll still with snail mail.

Re: Why you shouldn't dispute via annualcreditreport.com

YoungInvestor — Mon, 26 Jul 2010 23:51:06 GMT

About 3 weeks ago I filed dispute using annualcreditreport.com and not only did I not have any issues, the response time was very fast. The timeline was something like this:

Tuesday, 5pm checked report via annualcreditreport.com. Found discrepancy. Account claimed 5 lates, I knew of 2, 3 max.

Tuesday, 5:30pm, report submitted.

Friday, 1pm Response received. Baddys removed from my CR, account status now: Paid, Never late.

Just my own experience. Perhaps things have changed since this thread was made?

Re: Why you shouldn't dispute via annualcreditreport.com

guiness56 — Mon, 26 Jul 2010 23:52:14 GMT

I have disputed using those reports also and had no issues.

Re: Why you shouldn't dispute via annualcreditreport.com

creditstarved — Tue, 27 Jul 2010 01:44:59 GMT

I wish mine would go quickly. Actually, I wish I had never made a dispute. I did so with TU and EQ. TransUnion took care of it within a week. EQ is still pending (7/16). I emailed to see if I could cancel and they told me to call this number. I did, and spoke with a rep and he said he couldn't delete it. I replied to that email and told them what the rep said. EQ emailed back saying that once it's under investigation, it cannot be deleted. I really hope it goes quickly. I'll be going for an auto loan in two to three weeks. If it's still open, I fear it will impede on a loan approval.

Re: Why you shouldn't dispute via annualcreditreport.com

startbyservingothers — Mon, 30 Aug 2010 20:02:48 GMT

When someone says "paid report" does this mean anything other than freeannualreport.com. What if I sign up for a free trial of a site? That will qualify for the 30 days right?

"You should always file your disputes from a paid report"

DBinSJ — Sun, 08 Apr 2012 06:08:46 GMT

May I ask why you say this?

I have always disputed, with good results, from free annual reports that I receive as hard copies by postal mail (not through annualcreditreport.com).

I understand and agree about not disputing online but is there evidence that disputes are more effective when made after paying for a copy of one's credit reports, rather than getting a free annual copy?

If so, could you please describe the evidence?

Re: "You should always file your disputes from a paid report"

Lel — Sun, 08 Apr 2012 06:43:50 GMT

Hi DBinSJ,

This thread was started 5 years ago and the last post was almost 2 years ago. It's highly unlikely that you're going to get a response from those individuals.

Having said that, the argument against disputing through annualcreditreport.com is not that these disputes are not effective, but rather that it can result in a delay in the resolution of the dispute, since law allows for a longer reinvestigation period as compared to the standard. At least that's the way things were 5 years ago - I don't know if there have been any substantive changes to the industry standard or the law.