stancil1 Posted March 9, 2007 Report Share Posted March 9, 2007 I have requested Validation with several CAs that have been on my reports for 3 and 4 years as well as OCs that have been there for about the same amount of time. The SOL (4 yrs in Texas) has long since expired on these accounts. I have recieved all the greenies on my mail except for (FIRST AMERICAN INVESTMENT), I didn't expect to get one back from them anyway.From what I read, even if it's been past the initial 30 day period (with CAs),both the OC and the CA, at the very least, has to submit to the CRA, the fact that the TL is in dispute by the customer and by failure to do so is a violation of the FDCPA or FCRA. Is this correct ?Thanks in advance!D Link to comment Share on other sites More sharing options...
thomassl Posted March 9, 2007 Report Share Posted March 9, 2007 Remember...you do not DV original creditors! Link to comment Share on other sites More sharing options...
stancil1 Posted March 9, 2007 Author Report Share Posted March 9, 2007 Understood, I DV'd the CAs and requested Verification with the OCs. Link to comment Share on other sites More sharing options...
VonAngel (aka EarthAngel) Posted March 9, 2007 Report Share Posted March 9, 2007 From what I read, even if it's been past the initial 30 day period (with CAs),both the OC and the CA, at the very least, has to submit to the CRA, the fact that the TL is in dispute by the customer and by failure to do so is a violation of the FDCPA or FCRA. Is this correct?Yes, FCRA § 623(a)(3). HOWEVER, (as Dive constantly reminds us) the FCRA has no private right of action...which means...you, a private citizen, cannot sue for that violation. The only section of the FCRA that you can sue for violations is § 623( or 1681 s-2( (better known as the s-2b violation). You can, however, report them to FTC. Link to comment Share on other sites More sharing options...
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