About a month ago, I sent a letter to first premier banks EO email (Julie) stating the inaccuracies in their credit reporting and asked for the removal of the tradeline. I received a letter about two weeks later stating they are reporting accurately and that they do not update or remove accurate information. I then sent a new letter, siting the exact inaccuracies along with multiple copies of my CR's showing the inaccuries. Well, to my demise, I received a letter today stating that, again, they did report accruately and would not remove accurate information. Where do I go from here? Do I file a BBB complaint? CFPB?
Thanks in advance!
Was your letter clearly identified as a direct dispute under FCRA 623(a)(8), or was it only an informal request for deletion?
You need a resolved dispute before you can pursue civil action asserting inaccurate reporting. See FCRA 623(c).
If they verify in response to a dispute, there is no formal procedure for appeal.
Remedy is then to bring civil action, and get formal review of all the evidence by the court.
The BBB does not have authority to contest verification of a dispute, and the CFPB deals with administrative violations of the FCRA.
The CFPB does not normally pursue contested issues of fact between the parties, they pursue clealy established violations of the statute.
Now that I look at it, it actually was not an official dispute and I have no idea why I didnt go that route.