FCRA

[Anonymous]

Has anyone ever had to write to EQ and TU and remind them that the FCRA specifies that if there is erroneous derogatory information on your credit report, and if the creditor has agreed to remove the information, and that they have in fact instructed the credit bureau's to remove it, and you have even went so far as to send them copies of the letter from the creditor verifying that the information is inaccurate, that they must "promptly" remove the derogatory information? It has been almost 60 days now, and there is still derogatory information on my credit report (EQ and TU only; EX has updated theirs). Do I need to write them again and threaten legal action if they do not comply?

[RobertEG]

Have they communicated with you to say they wont remove for some specific reason, or is this just an issue of silence or delay?

[Anonymous]

Silence and delay. Last week I sent them copies of a letter from my creditor saying that they had reported derogatory information in error. No response. I guess my next step is to send a certified letter to both EQ and TU and see if the FCRA will encourage them to get up off their duffs.

Funny how they don't seem to have a problem "promptly" adding negative information to your report.

[Booner72]

CALL THEM.

EQ:  1-800-846-5279

TU:  1-800-916-8800

EX:  1-800-493-1058

Those are my current numbers and they work.  When I called to check my judgment (every day since I disputed it as it was vacated) === the third day, the guy said "yep, it's gone" - He then clicked a button and sure as ______, I pulled a new EQ and it was gone.

[Anonymous]

Thank you for the numbers. I guess the squeaky wheel gets the grease.

[CreditCrusader]

I had this same problem with EX...letters from creditors mailed, faxed, sent by Pony Express....NOTHING for months.

The problem here is the absence of any significant oversight on the part of these agencies and the credit process. Take EX, for example. It is INEXCUSABLE for EX to hold OUR FICO credit scores hostage when the attainment of credit is often contingent on those scores. We can't even BUY those scores, for crying out loud!

I had to become Experian's worst nightmare before the kick-started their fannies into gear and removed A DOZEN inaccurate baddies. Persistence pays and it is our only recourse since the powers that be seem to think letting CRAs run their own ship and ignore credit reporting laws is a good idea.

[LIGHTNIN]

Send a dispute to EQ and TU, as "not mine"

[Downto0]

 Do I need to write them again and threaten legal action if they do not comply?

I would.  I'd type up a Federal claim with damages and send them an unfiled copy and tell them that they will be served a copy if they don't comply.  I'd also type up a letter to the FTC detailing the violations and send them a copy of that too.

If they still don't respond then I'd file the claim and send the letter.

You might also test your claim by consulting a NACA attorney.  If they will take the case on a contingency basis then you know it's good.  If they want money then it's not so good.

[LIGHTNIN]

Send a dispute to the CRA  and state information is inaccurate. Then the CRA would notify you, with the results by 45days.

That is what the dispute process is there for.  Disputing is the first step in removing incorrect information from ones CR.

If you take the legal route, it may even take longer.

[Anonymous]

Thanks to everyone for the great advice. I have since pulled both the EQ and the TU reports and they have now removed the erroneous information.