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METHOD OF VERIFICATION LETTER........


credit-nightmare
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So I just send the CRA a letter saying something like....

I disputed ( fill in the name of creditor ) account with you on ( do I put in the date I started the dispute ? ) . On (date) you stated it remains and was verified.

This letter is not an additional dipute but a request for the Method of verification used to verify that dispute .

I want to know how you verified the dispute .

The name of the contact person you verified the account with.

The telephone number and any extensions of the person you verified the account with.

Is that all that needs to be there. Is there ANYTHING I should put in there specifically that I don't have ?

And do I give them info. such as the account number that its listed under or the report # on my CR ....or just make them figure that out for themselves ?

Thanks :D

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Looks good. :)

I would say something like "what was the method used to verfiy this information" instead of "i want to knwo how you verified the dispute" I would also probably put.. I am anxious to recieve your reply within the 15 days required by FCRA.

I personally wouldn't put the account numbers on, you you could if you wanted to.

Keep up the great work and good luck! :D -Jenn

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Since we are on the subject again, Miracle you probably know that a great majority of the CA's and OC now use the E-Oscar system, which has been my experience when discussing my accounts with both the above mentioned parties ( I should be a lawyer..LOL).

But I am curious to know because they do break out disputes down to a code, and ask the OC or the CA if the debt is ours, then all they have to do is reply with similar codes and also maybe the address and name, in there eyes that indicates the debt belongs to us.

So what is the main goal of the method of verification? And with the outcome what can we do with that information?

:)+:)

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I have heard of them doing the verification electronically. IMO that is not verification of a debt. I mean the CRA asking the CA or OC is this debt valid, and them just clicking yes or no (may be a little more that that, having to type yes or no) is not a Debt Validation.

I think this is one of the reasons why we all have so many problems trying to get negative information whether it be accurate or inaccurate of of our credit reports. There needs to be alot more than electronic verification.

If the verification of a debt is requested, they need to supply some kind of documentation that the debt was actually yours. be it a signed application, and acceptance of terms (contract). Verifying with a signed bill of sale, or with most installment loans, a copy of your ID.

Because many companies don't keep thier information that long, or the misplace the file. that would eliminate alot of the hassles that we run into. I spoke to one collection agency that used the electronic system, and when speaking to thier credit department, they told me that it is all done electronically, and she gets about 40 disputes a day. and she proccessed them every thursday morning, but it only took her the morning to do them.

assuming that the person works a 9-5 and does all the diputes in the morning (before 12:00) that would imply they had 3 hours. With 40 diputes a day, for 5 work days would be 200 diputes.

200 disputes processed in 3 hours, works out to just under 1 minute per verification. (54 seconds). Seems a little short to me, to verify anything that I signed, accepted, or incurred any debt. much less pull any paper file, and fax supporting documents to the CRA to verify the debt.

Ok, I am done ranting now :D

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Since we are on the subject again, Miracle you probably know that a great majority of the CA's and OC now use the E-Oscar system, which has been my experience when discussing my accounts with both the above mentioned parties ( I should be a lawyer..LOL).
Yes you should ;).. help set the world straight on credit repair, credit laws and rights of consumers :D :D
But I am curious to know because they do break out disputes down to a code, and ask the OC or the CA if the debt is ours, then all they have to do is reply with similar codes and also maybe the address and name, in there eyes that indicates the debt belongs to us.
http://www.naca.net/BennettFCRATestimony.pdf is a good link to give you an indication of how they verify. :)
So what is the main goal of the method of verification? And with the outcome what can we do with that information?
Method of verification is used mostly as leverage for deletions and to let them hang themselves by racking up more violations for lawsuits.

And for some reason it is ringing in my head to remind everyone to continue to file complaints with the FTC..... don't forget to do this when they have done wrong... :)

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Veri Interesting testimony Miracle.

So in this light, when we ask for the method of verification from a CRA and they come back with something identifying something that would represent an electronic verification. Do we have a course of action?

Becuase if I understand it correctly, we should not be held liable to pay a debt and have that debt reported to damage our worthiness unless their is written documentation of us accepting the CC, loan, or whatever bill that my be reported?

It is a problem that all a CRA and a creditor or CA have to do to report a debt is to match our information with their system...This is scary. I guess a better question would be, if a DV letter is sent to the OC or the CA, and they decide not to respond with any documentation except for lets say a bill, no signatures or indication of the promise to pay.

And the dispute comes back from the CRA's as verified, we now already know they did not see the signed documentation either. After we ask for method of verification, we are possibly provided with this electronic verification, do we have a case to ITS and if no further action, take them to court?

The CRA's are required to provide documentation after a letter for method of verification right?

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.. And for do you think of that:

When you get CRA's dispute results, they provide you the details of the "furnisher" of the information for each disputed account. And in MOST cases it's a P.O.Box address.

And if verification was made "electronically", how on earth they could verify something "electronically" with a PO BOX???

Hmmm...

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I like what ijust read.I have question iam new here and I just got one of my cr from experian and I started to dispute on the personal info and they took off some of the addresses and they will not take off some of the other addresses they tell me that the other addresses match some of the creditors on the cr. I also started disputed the creditors. What sould I do.

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I like what ijust read.I have question iam new here and I just got one of my cr from experian and I started to dispute on the personal info and they took off some of the addresses and they will not take off some of the other addresses they tell me that the other addresses match some of the creditors on the cr. I also started disputed the creditors. What sould I do.

Actually, on addresses, many people call the CRA directly. Most of the time they will ask which ones arent yours and they delete them on the phone. If that doesnt work... call back for another rep till someone does it for ya. The only problem is that if any of your creditors have an old address.. it may rereport it. But it may also work to your advantage as you can dispute the TLs when the addys are removed and it may cause some of the baddies to be deleted. Give it a try, couldnt hurt. :) Good Luck!

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The address on my Ex credit report says contact info:

NCAC

PO BOX 9556

ALLEN , TX 75013

Is that the right address for me to send my method of Ver. letter ?

They sent me a different address on another letter I received from them. I just want to make sure I send it to the right place.

Yes.. this is the address for EX. This is a fine address to send your letter. :)

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Also , Since I am not putting the account number that was in the dispute on my method of verification letter, do I use the report number or include my SS # ? Or do I just sign my name ( and address ? ) and give them no info. aside from that ?
I usually give SSN and report number.
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Also , Maricle you said 15 days for them to respond . So from the time they sign the CMRRR slip they have 15 days or do I allow mail time ( 15 +5 days) like with the disputes ?
yes, always allow 5 days mail time. :) Good luck! -Jenn
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I like what ijust read.I have question iam new here and I just got one of my cr from experian and I started to dispute on the personal info and they took off some of the addresses and they will not take off some of the other addresses they tell me that the other addresses match some of the creditors on the cr. I also started disputed the creditors. What sould I do.

Actually, on addresses, many people call the CRA directly. Most of the time they will ask which ones arent yours and they delete them on the phone. If that doesnt work... call back for another rep till someone does it for ya. The only problem is that if any of your creditors have an old address.. it may rereport it. But it may also work to your advantage as you can dispute the TLs when the addys are removed and it may cause some of the baddies to be deleted. Give it a try, couldnt hurt. :) Good Luck!

thanks.
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Keep working on the address, I spoke with each CRA and so far have gotten both TU and EQ to remove the address, I still have to work on EX, I told them that I never actually lived at the address, but for some reason I may have had mail sent there one month and they reported it. Please remove it. You will eventually get it. :D

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Ok , I checked the post office website and it said the CMRRR was delivered and gave the date and time. So I wait 15 days from that day +5 days and then if I get no response from them ( EX ) I demand they delete the TL ....correct ? and when I send my next letter demanding deletion , I send copies of my orig. MOV letter and copy of the green card ( when I get it back) .

Is that right ? any samples for a demand for deletion of TL due to them not responding to MOV ?

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