Anonymous Posted June 19, 2003 Report Share Posted June 19, 2003 WHY ARE WE CONTACTING THE CREDITORS BEFORE TAKING ACTION AGAINST CREDIT REORTING AGENCY? WE CONTACTED THE COLLECTIONS AGENCY WHO IS REPORTING THIS DEBT AND ASKED THEM TO VALIDATE THIS DEBT. IF THEY FAIL TO VALIDATE THEN CRA SHOULD REMOVE, AM I CORRECT?! IF THEY DON'T WE TAKE AGAINST CRA AND COLLECTIONS AGENCY.ITEM NUMBER 11 STATES TO CONTACT CREDITOR BEFORE TAKING ACTION AGAINST CRA AND TO MAKE SURE TO STATE THAT THE COLLECTION AGENCY DIDN'T VALIDATE THIS DEBT. SO WHY DO WE GO TO THE ORIGINAL CREDITOR WHEN THEY HAVEN'T REPORTED ANYTHING TO CRA. ONLY THE COLLECTION AGENCY IS REPORTING TO CRA. ~0 Link to comment Share on other sites More sharing options...
Pale Rider Posted June 19, 2003 Report Share Posted June 19, 2003 Not sure if this is the answer.In some cases, if OC is aware of violations of the CA, they may be held responsible also. I would think, you could use this as leverage to have OC force CA to take action and correct the reporting violations. Or the OC may take the account back, which some feel is good idea, because they may be able to negotiate better settlement with OC. Link to comment Share on other sites More sharing options...
Pale Rider Posted June 19, 2003 Report Share Posted June 19, 2003 After rereading that section, what you are trying to do is create a paper trail of all your actions for leverage. If the CA cannot validate, then how could they verify with CA. FTC says reporting entry to CRA is continued collection activity. Once they receive DV, they must cease collection activity until they validate. They are also required under FCRA to report entry as disputed. Link to comment Share on other sites More sharing options...
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