Always remember to send the letters certified mail with the return receipt requested and this is important so that you can start the clock on the day they sign.
Having and tracking your credit report is very important at this stage and if you do not yet have a report from all 3 bureaus that included all account information and account numbers, go here now! https://www.facebook.com/groups/movementacademy/
Mark, your calendar to check your credit report on day 31 from the date they signed, and if the account is not listed as “in dispute” or “consumer disputes” you need to print your report but be sure that sure the date and time stamp is on the credit report. The credit bureaus only have 30 days by law to investigate your dispute. You now have ammunition that you can use as letters against them for violating the FDCPA and FCRA. Remember, the credit scoring system considers you guilty until proven innocent. The burden of proof is on the credit bureaus to prove they are reporting complete, accurate, and verifiable information. You have the legal right to challenge any information on your report.
Just because an account is yours, that does not mean it is reporting accurately. The account could be:
- Duplicated
- Missing or incorrect balance
- Incorrect date
- Inaccurate credit limit
- Invalid or Incorrect Status
- Inaccurate late payment
- Incorrect date of first delinquency
