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CreditOne will not correct false information on credit report.

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Community Leader
Legendary Contributor

Re: CreditOne will not correct false information on credit report.

A direct dispute can be dismissed without need for any investigation as "frivolous or irrelevant" if the dispute is substantially the same as a prior dispute filed with a CRA.  One issue, one need to investigate a dispute.

See the implementing rules for the direct dispute process, as set forth in 16 CFR 660.4(f), for dismissal of a direct dispute based on a prior dispute filed with a CRA.

 

They can dismiss, not because they no longer own the debt, which is irrrelevant as long as their reporting remains, but rather because the dispute is substantially the same as a prior dispute.

File the direct dispute and get their response.  If they dismiss based only on having sold the debt, that is a violation of the FCRA 623(a)(8), for which you can then file a formal complaint with the CFPB for violation of the FCRA.

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