topic Re: Dispute Removal help! in Rebuilding Your Credit

Dispute Removal help!

TJC1989 — Mon, 15 Mar 2021 19:02:50 GMT

Hello!

I am having trouble removing dispute remarks from Equifax and Transunion.

I disputed some late payments on my Fed Loan student loans in May 2020. I have since stopped the dispute. In October 2020, I called all three CB and the remarks were removed. A month later, Equifax and Transunion show up again. I contacted Fed Loan and they told me that they would make a note but that it was on the CB to report that. I called EQ and Trans again. Again they were removed and added back. THis time I wrote a letter and again, removed and added. These remarks are the only thing holding me back from buying a house. How can i permenently remove these remarks???

Please help?!?

Re: Dispute Removal help!

gdale6 — Mon, 15 Mar 2021 21:59:04 GMT

The CRAs only report what the lender tells them to, send a letter of demand to the executive offices of the lender that they be removed from the TL. You can also file a complaint with the CFPB on the lender.

Re: Dispute Removal help!

RobertEG — Tue, 16 Mar 2021 08:42:29 GMT

Once a consumer has filed a dispute, FCRA 611(c) requires the CRA to include, in any subsequent consumer report they issue, notice of the dispute.

Only disputes that are dismissed on the grounds that they are found to be "frivolous or irrelevant" are exempt from this mandatory requirement.

However, once the dispute is resolved, that fact must additionally be updated in the consumer's file/report.

Thus, it is likely that resolution will be limited to proper update of the subsequent outcome of the dispute rather than total removal from the consumer's credit file/report.

However, it might be interesting to see how the CFPB views the requirement of FCRA 611(c). I would urge filing of a complaint, but would expect a finding of no violation of the FCRA on their part....

_______________
" FCRA 611(c) Notification of consumer dispute in subsequent consumer reports.

Whenever a statement of a dispute is filed, unless there is reasonable grounds to believe that it is frivolous or irrelevant, the consumer reporting agency shall, in any subsequent report containing the information in question, clearly note that it is disputed by the consumer and provide either the consumer’s statement or a clear and accurate codification or summary thereof. "

Re: Dispute Removal help!

TJC1989 — Tue, 16 Mar 2021 04:02:39 GMT

I will try writing to the executive offices. Thank you!

@gdale6 wrote:
The CRAs only report what the lender tells them to, send a letter of demand to the executive offices of the lender that they be removed from the TL. You can also file a complaint with the CFPB on the lender.

Re: Dispute Removal help!

TJC1989 — Tue, 16 Mar 2021 04:04:57 GMT

@RobertEG wrote:
Once a consumer has filed a dispute, FCRA 611(c) requires the CRA to include, in any subsequent consumer report they issue, notice of the dispute.
Only disputes that are dismissed on the grounds that they are found to be "frivolous or irrelevant" are exempt from this mandatory requirement.
However, once the dispute is resolved, that fact must additionally be updated in the consumer's file/report.

Thus, it is likely that resolution will be limited to proper update of the subsequent outcome of the dispute rather than total removal from the consumer's credit file/report.
However, it might be interesting to see how the CFPB views the requirement of FCRA 611(c). I would urge filing of a complaint, but would expect a finding of no violation of the FCRA on their part....

_______________
" FCRA 611(c) Notification of consumer dispute in subsequent consumer reports.
Whenever a statement of a dispute is filed, unless there is reasonable grounds to believe that it is frivolous or irrelevant, the consumer reporting agency shall, in any subsequent report containing the information in question, clearly note that it is disputed by the consumer and provide either the consumer’s statement or a clear and accurate codification or summary thereof. "

So am I just doomed to have these on forever if they find no violation? The lender that I am working with needs all dispute remarks removed.

Re: Dispute Removal help!

Anonymous — Tue, 16 Mar 2021 08:09:01 GMT

@TJC1989 wrote:
@RobertEG wrote:
Once a consumer has filed a dispute, FCRA 611(c) requires the CRA to include, in any subsequent consumer report they issue, notice of the dispute.
Only disputes that are dismissed on the grounds that they are found to be "frivolous or irrelevant" are exempt from this mandatory requirement.
However, once the dispute is resolved, that fact must additionally be updated in the consumer's file/report.

Thus, it is likely that resolution will be limited to proper update of the subsequent outcome of the dispute rather than total removal from the consumer's credit file/report.
However, it might be interesting to see how the CFPB views the requirement of FCRA 611(c). I would urge filing of a complaint, but would expect a finding of no violation of the FCRA on their part....

_______________
" FCRA 611(c) Notification of consumer dispute in subsequent consumer reports.
Whenever a statement of a dispute is filed, unless there is reasonable grounds to believe that it is frivolous or irrelevant, the consumer reporting agency shall, in any subsequent report containing the information in question, clearly note that it is disputed by the consumer and provide either the consumer’s statement or a clear and accurate codification or summary thereof. "
So am I just doomed to have these on forever if they find no violation? The lender that I am working with needs all dispute remarks removed.

What matters is if shows that it is still in dispute. Is that what they show? Or does it say it was disputed by consumer, etc.?

I believe what matters is that nithing is currently being disputed. I think since it was fact you disputed the accounts, the remarks of them have been disputed can remain?

Re: Dispute Removal help!

RobertEG — Tue, 16 Mar 2021 08:45:19 GMT

I agree with LaHossBoss.

Speak with the lendor and advise that you cant get the remarks removed, but that the dispute is no longer pending.

You may need to reach up their ladder to a higher authority exec.....