Reply
Frequent Contributor
Posts: 436
Registered: ‎06-15-2007
0

CRA's Help

What is the law regarding CRA's sharing information with other CRA's regarding a dispute outcome.

I disputed something that was deleted from TU and not Exp. Experian did a bogus 5 hour dispute on something that TU said it could not verify and said they verified it. In five hours you gotta be kidding me because I know for certain that I did not have a TL with these people.

Also, I disputed a duplicate TL on Equifax from OC/CA that OC sold and should have zeroed out the balance or deleted but they OC did not and CA verified which is fine as they agreed to delete the TL. However, I did not dispute on TU and TU shows the CA as verified per FCRA. However, only the CA is listed on TU sho I do not care since it is being deleted.

How should I approach the original creditor as they are saying the tradeline is opened and it is not. The CA has sent me a copy of the bill of sale and said the OC is in violation. Since the OC TL is only reporting on EQ I do not want to make them report anywhere else by sending verification from the CA or should I send it to the CRA.

My reports will be clean soon and I don't want any other issues.
Senior Contributor
Posts: 4,635
Registered: ‎03-11-2007
0

Re: CRA's Help



cfstr1 wrote:
What is the law regarding CRA's sharing information with other CRA's regarding a dispute outcome.

They aren't required to share anything with one another regarding disputed info.
 
Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on actual applicant approvals and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.