30 Credit Investigation
All,
I have a fradulent charge-off on my credit report.Some light company called MP&L out of www.Mississippi.I mailed them all of the neccessary documentation to prove that I was a resident of Colorado during the time in question.
They received my rebuttal info. on 22 October 03 (Certified Mail) 22 November is coming up tommorrow.30 days has expired.Does that rule apply to the BIG 3 credit reporting agancies, or the Creditor to? If it applies to the creditor, how do I confront them about ? Do I get my attorney involved or do I handle it on my own?Thanks yall!
Did you send the complaint certified mail?
Savyyoung,
Yes I did.
You should dispute this with the credit reporting agencies that are reporting it on your report. They are legally bound to verify the inofrmation is accurate within 30 otherwise they are required to delete it from your report.
If you read the FCRA (Fair Credit Reporting Act), you may be surprised how much the law is on your side... By law your credit file may only contain accurate information!.. Period! You're saying "fraudulent", that means the item doesn't belong to you either entirely or at least in the way it is shown in the report. If you dispute that with the Credit Reporting Agency (CRA), by law it will have 30 days to verify the accuracy of the reported information. That means CRA contacts the creditor and gives them even less time to respond. If the CRA fails to verify the accuracy of the reported item within 30 days, it must delete such information from your credit file or be found in violation of the law (FCRA) I hope that give you enough ammo to bring the situation under control.
- KA. Los Angeles.
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