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What else can I help you with?
What law allows a borrower to sue a creditor or credit bureau that verifies incorrect data about his or her credit history?
The "Truth in Lending and Consumer Leasing Acts" allow borrowers to sue a creditor or credit bureau that verifies incorrect data about his or her credit history.
How do you remove closed accounts from your credit report?
Disputing information on your credit report... This method is for direct correspondence with the credit bureau. If you find anything inaccurate, incomplete, incorrect, or obsolete, you have the right to dispute that item on your credit report. The credit bureau then has a reasonable time to contact the creditor and have them verify the disputed item. A reasonable amount of time under the Federal Law has been construed to be 20 working days. However, you need to understand that with this type of transaction, it could take from four to eight weeks to receive your reply back. Technically, if the credit bureau does not respond back within 30 days, the incorrect or inaccurate item must be removed. If, after the credit bureau investigates the item and the information is found to be inaccurate or no longer can be verified, the credit bureau must delete the item in question. It should be noted that when a negative item is more than two or three years old, many creditors will not respond to the credit bureau because of lack of records. Therefore, by law, the bureau should remove the item from your report. Since most creditors do not have the space to retain records for a long period of time, there may not be any documentation about your payment history. Understand also that the creditor does not have to provide documentation to the bureau of the disputed item. They simply check various boxes on the statement as to whether you were late, paid on time, etc.
Can you discharge Ohio bureau of workers compensation premiums in a chapter 7 bankruptcy?
I am hoping someone has an answer to this
Can you sue a credit information bureau for incorrect information?
Unless you can prove that the bureau singled you out in order to ruin your reputation as a borrower (which is highly improbable no matter how you feel about the bureaus) you cannot sue the credit bureau. You can, however, request that incorrect information be removed from your record. If the creditor that you feel is fraudulent cannot provide records to prove that you are behind or have the account, the credit bureau will remove the item from your report... If you do feel singled out by one particular bureau and want to obtain credit, then ask the to-be-creditor to check your report from a different bureau and not from the one you feel has fraudulent information. They might concede with your request if they feel the situation is extreme enough...
How do you dispute a charge from a collection agency for items that were sent to you that you did not order and have been returned to the company?
Disputing information on your credit report... This method is for direct correspondence with the credit bureau. If you find anything inaccurate, incomplete, incorrect, or obsolete, you have the right to dispute that item on your credit report. The credit bureau then has a reasonable time to contact the creditor and have them verify the disputed item. A reasonable amount of time under the Federal Law has been construed to be 20 working days. However, you need to understand that with this type of transaction, it could take from four to eight weeks to receive your reply back. Technically, if the credit bureau does not respond back within 30 days, the incorrect or inaccurate item must be removed. If, after the credit bureau investigates the item and the information is found to be inaccurate or no longer can be verified, the credit bureau must delete the item in question. It should be noted that when a negative item is more than two or three years old, many creditors will not respond to the credit bureau because of lack of records. Therefore, by law, the bureau should remove the item from your report. Since most creditors do not have the space to retain records for a long period of time, there may not be any documentation about your payment history. Understand also that the creditor does not have to provide documentation to the bureau of the disputed item. They simply check various boxes on the statement as to whether you were late, paid on time, etc. This is part of the dispute process I hope that it helps you.
Bankcruptcy be reported in credit bureau?
It will definitely appear for at least 7 yrs & maybe 10, depending on what chapter.
How can I reach the Bureau of Economic Analysis?
The information may be accessed through the Bureau's Web site (http://www.bea.doc.gov)
What is the embedded liability in the provisioning of information by a credit bureau?
When a credit bureau provides information to a company or an individual, a liability (represented by a small portion of the price charged to the entity requesting credit bureau information) is recorded to offset potential lawsuits and/or claims from transactions perceived as "incorrect," "unfair," or "revealing private information."
Can you give me a sample letter to get an incorrect item removed off my credit the item is correct but the balance is not?
Just write a simple letter explaining the discrepancy. Make sure you send the letter to the company that shows the incorrect amount and to the credit bureau.
How can a Wizard credit check be performed?
A Wizard credit check can be performed by going to a credit bureau and getting help from the credit bureau. Another way to do it is through an online credit bureau.
What should you do if your credit report is incorrect?
Of course, but you must contact the credit bureau or credit agency which provided the information. Contact the primary credit-data agencies at:
If you put down a deposit to order something and the company has since declared Chapter 11 how do you recoup your deposit?
Contact the better business bureau for you answer.....
