@RobertEG wrote:
Furnishers dont send a dispute to the CRAs, contesting the accuracy of their own reporting, and thus requre the CRA to forward a copy of their own dispute to them for their verification. If no inaccury is assered, there is no dispute. Pure silliness and a waste of everyone's time.
The FCRA requires a furnisher to promptly update their own reporting if and when they determine update is necessary to maintain its currrent accuracy. See FCRA 623(a)(2).
That process recognizes the responsibility of a furnisher to make their determination of accuracy without the silliness of having a CRA send then a request to do so by way of a dispute.
If they do not consider the reported delinquencies to have been inaccurate, then you have an issue of voluntary deletion on their part.
The CRAs dont condine or get involved in deletions of accurate information based on the debt having been paid.
Thank you. This is informative. But I still don't know exactly what she did. I take it you think she's sending a dispute request in my behalf to Capital One internally to see if they'll accept it?
She said it could take 60-90 days for it to show up on my credit report, so I don't know what to do now. I guess just wait. Or do you think I'm better off writing an official good will letter? Or even disputing it with the CRA and see what happens? I believe there is something called, "ignorance or no knowledge of debt", which isn't quite what happened in my case. I simply overlooked the due date, because they were sending statements to an obsolete email account. Of course, this is my fault, but I thought it may be good enough to get them to work with me as a good will measure. I have no other incidents with them and my payment history with other credit cards is very clean.
Thanks,
