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That is not how the credit reporting laws work, but it's how the system works. That process is extremely flawed and unreliable. Have you ever tried disputing y
by CaptSpify 9y ago
That is not how the credit reporting laws work, but it's how the system works.
That process is extremely flawed and unreliable. Have you ever tried disputing your credit? good fucking luck. I've been arguing with Equifax for over a year because they "have it on record" that I lived somewhere that I've never lived. I have no legal recourse unless I want to spend thousands of dollars on lawyer fees.
- bdhess 9y agoYou shouldn't need a lawyer to pursue them. Assuming you're within the time periods prescribed in the FCRA, you can file your own complaint in your local small claims court. Before that, I'd send them a letter clearly marked "Notice of Intent to Sue" (on the letter and envelope) stating what information is incorrect, and that you plan to file a suit in [insert name of small claims court] on [insert reasonable date] seeking $1,000 in damages for each violation per 15 USC 1681(n), unless the disputed information is removed before that date. And enclose any supporting documentation, and history of previous fruitless correspondence. IANAL, but this has worked for me before with the credit bureaus, and I've never actually had to file the threatened suit. My best guess is that threatening litigation gets the case assigned to a legal team that is actually empowered to correct errors. It's a shame that that's how they've chosen to run their business, but then again, I'm not their customer, I'm their product.