Re: Reporting 120 days late?
03-25-2013 05:08 PM
I would send them a direct dispute per FCRA 623(a)(8). They have to investigate, make changes and/or corrections and reply to you within 30 days. If they don't they are in violation of the FCRA. Fill in the areas in blue. If it is not going to a collection account you can delete the second paragraph.
“This is a Notice of Direct Dispute with you, under the provisions of FCRA §623(a)(8)(D), of the accuracy of information you have reported to my credit file.
“This is a direct dispute of credit reporting. This is not a request for debt validation/verification under FDCPA §809(b).”.
“In compliance with FCRA §623(a)(8)(D), and enacting regulations published at 16 CFR § 660.4, this Notice of Direct dispute includes:
“Identification of the specific information being disputed:
(specify the account number, and the specific information that is disputed under that identifying account)
“Basis for the dispute:
(how the reporting was inaccurate; was any reporting in violation of any statutory or regulatory provisions? account or express agreements? CRA reporting gudelines? Account not yours? etc.)
(all documents that support your dispute; it is recommened to also include, as part of your documentation, at least a copy of the portion only of your recent credit report showing their reporting of the disputed information was actually reported to your credit flle. The implementing rule suggests a showing that it appeared in your credit report)