I am dealing with the same problem.
My bank was bought out by another bank, everything is reported incorrectly from the balance due to reporting it current and open.
To not reporting at all.
I wanted to expedite things by disputing with the bank directly of inaccurate reporting.
In compliance with the FCRA {15 USC 1681 s-2} and enacting regulations published at the CFR part 660.4. The furnisher will need to investigate, with respect, the disputed information pursuant to section 1681(I)(a)(2) of this title.
As specified under 15 USC 1681 s-2; the duty of the furnished; if upon investigation the information is to be found in fact, inaccurate, to PROMPTLY notify each consumer reporting agency.
Look up the FCRA under the above information inaccurate reporting needs to be corrected.
Although I have sent several letters pertaining to this fact my problem still has not been resolved, I am afraid to report a dispute directly with the credit bureau only because I am trying to purchase a home and do not want a dispute on there when they pull my reports.
If you need any help with your letter to the bank, let me know .. I have managed to memorize the entire FCRA.. Ha ha ha
CS 728- 01/13 from 554-12/11
Goal: 800
