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What is "accurate" reporting by a CRA?

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atlastontheroad
Established Contributor

What is "accurate" reporting by a CRA?

In many of the letters we use here, I see the sentence "As you are well aware, under 15 U.S.C. § 1681i of the FCRA, as well as numerous other places, you are required by federal law to report only accurate information." 

What is accurate information?

Specifically, if a CRA in a dispute resolution provides an address that they know is invalid, would this seem to be reporting inaccurate information?

How about if they did it three or four times?

Where's the loophole? 

atlast.....scouring code for fun and profit

Ficos 2/17/08: TU 551 EQ 534 EX 587
Ficos 2/12/09 TU 695 EQ 715 EX 715
Fico...4/15/10....drumroll.....EQ 743
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Anonymous
Not applicable

Re: What is "accurate" reporting by a CRA?

I have had lot's of discussion about this online and off-
 
This is why automated dispute resolution stinks and why MOV is your right under FCRA.
 
IMO- Report it accurate or not at all-
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