Transuion Extending Dispute 15 days

[quicksilver185]

I recievd a letter that Transuin recieved additional information about my dispute and they were extending the review perid 15 days. However the problem is my dispute was recieved on 9/29/2011 as stated in the letter  I recieved from TU and then they go on to say the are extending the review period 15 days because of additional information recieved on 9/28/2011.  I thought that inorder to extend the invetigation period the additonal information must be recieved within the 30 days of the start of investigation period no prior to the investigation.

[quicksilver185]

I have wrritten a letter the presses the issues of TU violating FCRA for extending the investigation period when I feel that they should not be allowed to extend since the info wasnt recieved after the investigation period. What are your thoughts should I proceed with my letter? Or I am I missinterpreting FCRA and just let this one go? Thanks for everything.

[drkaje]

How did they receive additional information a day before your dispute?

[quicksilver185]

Thats what I want to know. I dont think they should be allowed to extend the investigation period from information they recieved prior to the dispute.

[RobertEG]

I see no ambiguity in the statute, which clearly references the reinvestigation period.

"FCRA 611(a)(1)

(B). Extension of period to reinvestigate. 

Except as provided in subparagraph (C), the 30-day period described in subparagraph (A) may be extended for not more than 15 additionaly days if the consumer reporting agency receives information from the consumer during the 30-day period that is relevant to the reinvestigation.

(C ) Limitations on extension of period to reinvestigate.

Subparagraph (B) shall not apply to any reinvestigation in which, during the 30-day period described in subparagraph (A), the information that is the subject of the reinvestigation is found to be inaccurate or incomplete or the consumer reporting agency determines that the information cannot be verified."

The date of reinvestigation, under subparagraph (A), begins "on the date on which the agency receives the notice of the dispute from the consumer or reseller."

[quicksilver185]

So would you agree that they are in violation of FCRA?

[dresnoone]

This is crazy but I totally foresee a CRA doing this.

I have been disputing items that I deemed inaccurately reporting for quite some time and receiving letters stating the information was verified and I posted about that just today within this community forum. In speaking with a credit attorney about the 30 days to dispute, despite me thinking I was right about CRAs not being able to extend the dispute process to 45 days unless you submitted additional information, he said I was partially right. I don't see how a CRA can extend the sipute process to 45 days, especially dating the correspondence a day before receipt of the dispute.

I would file a BBB complaint against the CRA for them to address it, I have done it before to get their attention to inaccurate verified information.

[quicksilver185]

I filed a complaint with BBB, it felt really good filing the complaint seeing how the CRA's are always giving us the run around. My next question for everyone what other recourse do I have since they have clearly stated in a letter they are unlawfully extedning the the investigation period? (Based on the dates in the letter) Should I send them a letter informing them of the violation of the FCRA? Or should I seek out an attorney if this something I want to pursue? Just looking for some opions and if anyone else has every delt with CRA's violating The FCRA and how they dealt with it.

[dresnoone]

Await to see what the end result is first before you take another course of action.