hguyton1 Posted August 30, 2007 Report Share Posted August 30, 2007 I have letter from Chase stating that my account was closed and PAID IN FULL. The big 3 have it listed as "settled for less than full amount". I have disputed this with no sucess. How can they not change it when I have written documentation from Chase that it was paid in full? Chase has even sent updates twice of the account being paid in full. Link to comment Share on other sites More sharing options...
MotivatedFocus Posted August 30, 2007 Report Share Posted August 30, 2007 I'd send them a letter stating if they continue to report your credit history inaccurately you'll sue for Defamation and financial injury citing US Court of Appeals,Ninth Circuit, No. 00- 15946, Nelson vs. Chase Manhattan, FCRA Section 623 (a) (8). Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted August 30, 2007 Report Share Posted August 30, 2007 They are not required to take any information you provide them. They are breaking no laws. At best, they will use it to request a new dispute with the data furnisher (DF). Do you settle for less than full amount? If so, they are reporting correctly, if not, then your beef is with the DF. Link to comment Share on other sites More sharing options...
hmv4u Posted August 30, 2007 Report Share Posted August 30, 2007 they are breaking the law when they cntinue to report information you have proven to be inaccurate. Get a Lawyer. Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted August 30, 2007 Report Share Posted August 30, 2007 they are breaking the law when they cntinue to report information you have proven to be inaccurate. Get a Lawyer.The CRA's are not required to take information given to them from a consumer. You can get a lawyer if you want, but I doubt he will do anything for you. Like I said, you're real fight is with the data furnisher, however, I have a feeling the OP paid a settlement and not the full obligation. Maybe I'm wrong. Link to comment Share on other sites More sharing options...
MotivatedFocus Posted August 30, 2007 Report Share Posted August 30, 2007 My suggestion was to threaten to sue the OC. They have a responsibility to provide accurate information. I'd re-dispute with the new information to the CB and send a cmrrr letter to to the DF citing the case stated. I believe they have an obligation to correct the information that the CB is reporting according to the law. Link to comment Share on other sites More sharing options...
MotivatedFocus Posted August 30, 2007 Report Share Posted August 30, 2007 If you did indeed pay the debt in full, then you do indeed have a legit. reason to expect them to change the information being reported or they are violating your rights as I understand it. Link to comment Share on other sites More sharing options...
bigjohnstud4200 Posted August 30, 2007 Report Share Posted August 30, 2007 My suggestion was to threaten to sue the OC. They have a responsibility to provide accurate information. I'd re-dispute with the new information to the CB and send a cmrrr letter to to the DF citing the case stated. I believe they have an obligation to correct the information that the CB is reporting according to the law.They absolutely do, that's why I said to go after the DF not the CRA. Also, ITS rarely works unless you are really willing to sue and they believe you. For example, if you rack up violations on them, then send an ITS with a copy of the first couple of pages of an ITS then they might fold. Otherwise, it's likely to go in the stack of others ITS they get daily. Less than 1/3 of the people that ITS go through with it. More than half of those that do go through with it have weak cases b/c they've listened to someone on a board like this telling them to sue.OP, however you go wit this. Link to comment Share on other sites More sharing options...
MotivatedFocus Posted August 30, 2007 Report Share Posted August 30, 2007 I think bigjohn is right about the CBs not being obligated to take any information you furnish...and I believe it ridiculous that something that could and should be cleared-up with the information isn't considered within the Kafkaesque bureaucracy that this system has become. Link to comment Share on other sites More sharing options...
skinny Posted August 30, 2007 Report Share Posted August 30, 2007 If all else fails, you might contact the Better Business Bureau, in incidences with disputes and wrongful practices it would not hurt to file a dispute with them, your state consumer advocate and /or Atty General. This goes along the same lines as ITS . If the creditors and DF see that you are serious by contacting these additional entities -they may fold Link to comment Share on other sites More sharing options...
momof5 Posted August 31, 2007 Report Share Posted August 31, 2007 The CRA's are not required to take information given to them from a consumer. You can get a lawyer if you want, but I doubt he will do anything for you. Like I said, you're real fight is with the data furnisher, however, I have a feeling the OP paid a settlement and not the full obligation. Maybe I'm wrong.With all due respect Big John...."(4) Consideration of consumer information. In conducting any reinvestigation under paragraph (1) with respect to disputed information in the file of any consumer, the consumer reporting agency shall review and consider all relevant information submitted by the consumer in the period described in paragraph (1)(A) with respect to such disputed information""(5) Treatment of inaccurate or unverifiable information.(A) In general. If, after any reinvestigation under paragraph (1) of any information disputed by a consumer, an item of the information is found to be inaccurate or incomplete or cannot be verified, the consumer reporting agency shall--(i) promptly delete that item of information from the file of the consumer, or modify that item of information, as appropriate, based on the results of the reinvestigation; and(ii) promptly notify the furnisher of that information that the information has been modified or deleted from the file of the consumer." There is established case law that dictates that the standard is 100% complete and accurate reporting. They cannot state it is accurate just on the WORD of the OC alone. Link to comment Share on other sites More sharing options...
hguyton1 Posted August 31, 2007 Author Report Share Posted August 31, 2007 The CRA's are not required to take information given to them from a consumer. You can get a lawyer if you want, but I doubt he will do anything for you. Like I said, you're real fight is with the data furnisher, however, I have a feeling the OP paid a settlement and not the full obligation. Maybe I'm wrong.I paid the full obligation. Link to comment Share on other sites More sharing options...
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