Credit Card Center Advertiser Disclosure

Reply
Member
Posts: 15
Registered: ‎03-11-2017
0

Re: Dispute of dispute result


RobertEG wrote:

They are not required to "prove" the accuracy, or support their finding with documentary evidence.  


By "they" I take it the the CRA doesn't have to prove the accuracy or provide proof, but the CA would, right? 

Highlighted
Community Leader
Epic Contributor
Posts: 29,226
Registered: ‎03-19-2007
0

Re: Dispute of dispute result

[ Edited ]

Neither.

The furnisher is required to conduct a reasonable investigation, and report their finding to the CRA.

The CRA is then required to complete its reinvestigation, with the finding provided by the furnisher being part of the basis for their reinvestigation.

It is presumed that both the furnisher and CRA conducted a reasonable investigation, and neither is required to provide documentary proof to support their finding.

Stated differently, the dispute process is a review procedure, not a legal process that mandates support by documentary evidence.

Any "proofs" provided by a furnisher or CRA would not necessarily comprise all relevant evidence, and be one-sided and subject to contest by the other party as to its showing and/of completeness. 

 

Absent a full legal discovery process, such as provided in a civil action, documentation is not required in an administrative dispute process.

Member
Posts: 15
Registered: ‎03-11-2017
0

Re: Dispute of dispute result

Thank you for your clear and concise answer.  I understand now.

Member
Posts: 23
Registered: ‎02-17-2016

Re: Dispute of dispute result

I disputed a utility bill once with the Public Utilities Commission (Public Service Commission in NY). It wasn't an unpaid final bill, but continued charging after I was gone and a new tennant moved in. I claimed I had requested cancellation and provided my dates and the landlord's contact info. I think they lean towards defending the public, so it's worth a shot. If they rule in your favor, you could take that to the CRA.

5/10/17: EX 595 EQ 585 TU 579
6/20/17: EX 670 EQ Uknwn TU Unkwn

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† 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 internal myFICO analysis of 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. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

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.