Dispute on Credit Report

[Niner849]

Forgive me if this question has already been asked. I know that when you do a DV, they are supposed to put the account in dispute on your CRA. My question is, is it supposed to read "consumer disputes, meets Fair Billing Credit Act", or should it be under the FCRA???

Andi

[Niner849]

Bumping.........Anyone????

[BrassFan]

<blockquote>Originally posted by Niner849

Forgive me if this question has already been asked. I know that when you do a DV, they are supposed to put the account in dispute on your CRA.

[timbercreektech]

Equifax uses a notation that an item is 'Under Investigation'. What is the distinction between what EQ notes and what a potential CA is required to note? If I send the CA a DV, dispute with EQ when I recieve green card, EQ will note that it is 'Under Investigation - Consumer Dispute'. Then when EQ trys to verify and the CA is required to say the account is being disputed, what will be the differece between what EQ noted vs. what the CA will note?

Sorry for redundancy.

[Swede]

<blockquote>Originally posted by BrassFan

I think the FDCPA states that they have to include that information when they furnish it to CRAs....but, for my own curiosity, can anyone point that out to me in the FDCPA?

</blockquote>

Here ya go

§ 807. False or misleading representations [15 USC 1962e]

A debt collector may not use any false, deceptive, or misleading representation or means in connection with the collection of any debt. Without limiting the general application of the foregoing, the following conduct is a violation of this section:

(8) Communicating or threatening to communicate to any person credit information which is known or which should be known to be false, including the failure to communicate that a disputed debt is disputed.