Amerikaner83 Posted May 23, 2007 Report Share Posted May 23, 2007 Reading through all the postings here @ CIC has been a real eye-opener. However there has been a question on my mind that I haven't been able to find the answer to here...not with certainty anyhow.I understand when you Dispute / DV a CA they can't verify with the CRA during such time. That's the reason for disputing with the CRA - to get the item deleted when the CRA inquires. What's to stop the CA from, say, the next month, put that TL back? They "regularly" report.....won't this just skip one reporting period and then the next one it's back up? If they can't Validate the debt this time, what makes them keep a TL off the report?Ignorant confusion showing me I still have a long long road to travelMichael Link to comment Share on other sites More sharing options...
divemedic Posted May 23, 2007 Report Share Posted May 23, 2007 If you send a timely DV, the CA must cease all collection activity until they provide validation, including reporting to your CR. To report a TL that is so barred is a violation. Link to comment Share on other sites More sharing options...
Amerikaner83 Posted May 23, 2007 Author Report Share Posted May 23, 2007 I understand that, but I'm still unclear. "until they provide validation".......that means forever? I'm just wanting to make sure if a TL gets deleted form the CRA tomorrow because that CA can't or won't validate to the CRA, it won't appear again mysteriously in January Link to comment Share on other sites More sharing options...
kevin3344 Posted May 24, 2007 Report Share Posted May 24, 2007 if a TL gets deleted form the CRA tomorrow because that CA can't or won't validate to the CRA, it won't appear again mysteriously in January I think you're confusing DV with disputing. DV is between you and the CA, disputing is between you and the CRA.To answer your question though, as dive mentioned if you send a timely DV they have to validate to continue collection. It's as simple as that. If they don't comply it's a violation of the FCRA and you can sue them.If you dispute an item already on your credit report, a CO for example, and it's deleted - the FCRA protects you from a CA reinserting that information. Read "Requirements relating to reinsertion of previously deleted material" and "Procedures to prevent reappearance" of the FCRA.http://www.accessreports.com/statutes/FCRA.htm Link to comment Share on other sites More sharing options...
Amerikaner83 Posted May 24, 2007 Author Report Share Posted May 24, 2007 If you dispute an item already on your credit report, a CO for example, and it's deleted - the FCRA protects you from a CA reinserting that information. Read "Requirements relating to reinsertion of previously deleted material" and "Procedures to prevent reappearance" of the FCRA.http://www.accessreports.com/statutes/FCRA.htmOK Thanks. That's what I couldn't really find. Thank you!Michael Link to comment Share on other sites More sharing options...
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