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Established Contributor
granny031350
Posts: 951
Registered: ‎12-04-2007

FTC response Does this sound like they might do something?

Love the new board.  Makes sense since so many of us are rebuilding.  I received this response today from the FTC via email.  I filed a complaint against Drive Financial about their inaccurate credit reporting.  Wondering if the experts here think that the FTC might actually be looking into my complaint?
 
thanks
 
I just received an email from the FTC on my complaint to Drive Financial.  This is what is said.  Is this just standard response or should I feel encouraged?  The attachment sent was about the FTC and the FCRA and that is provides consumers with the right to fix their credit etc.
 
 
 
Thank you for contacting the Federal Trade Commission.  We entered the information you provided into our shared law enforcement data base. We share this data base with Federal, State and Local law enforcement agencies. Attached is your electronic response, which includes your reference number. Any enclosures can be found at www.ftc.gov under Consumer Protection and Consumer Information section.
  Information from consumers like you helps Federal, State and Local authorities investigate possible illegal practices and enforce our laws. Someone from the Federal Trade Commission or another law enforcement agency may contact you if they need additional information to help them in an investigation.
  Please visit the FTC's web page, www.ftc.gov, to get free information to help you avoid costly consumer problems
Moderator Emeritus
HappyDays
Posts: 7,326
Registered: ‎06-18-2007

Re: FTC response Does this sound like they might do something?

This is their form letter. They take all complaints for each OC or CA  and check them all out & then go after them......unless the complaint is really bad like fraud or ID theft....you will not know when or if they fine them OR take them to court!
Established Contributor
granny031350
Posts: 951
Registered: ‎12-04-2007

Re: FTC response Does this sound like they might do something? update

Well I just got a call from Drive Financial.  Result:  Duplicated account DELETED.  Should show up on my Tru Credit within 24 to 48 hours.
 
So wonder how much that will boost my score.,
 
Yeah!!!
 
It was worth the fight!
Established Contributor
wildcat
Posts: 508
Registered: ‎04-10-2007

Re: FTC response Does this sound like they might do something? update

I love the FTC....One time we needed money so bad that I was stupid and got a payday loan. Well I did pay it back but they screwed up and thought I didn't. To make a very long story short...I had a guy call my mother in another state saying there was a warrant out for me for not paying it back and threatened her. Well I gave them my proof of payment not before I turned them into the FTC. Well they got shut down...and I learned a valuable lesson and will never get one of those payday loans again.

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