Originally Posted by zeusrotty
im not trying to be a dick, but that kinda shows how little you know about it all... if you have a late with citi, and you write them a goodwill letter stating the reason you were late and what you did and so on, 9 times out of 10 they will change the lates... i draft the letter have the people sign it and fax it to citi... no more lates and the score goes up. thats just one of about 20 different ways i help people... and what if a company has the wrong info on a client? the client can dispute all they want, and the cb is just going to keep on reporting it... i can dispute the account with the actual creditor and or collection company, and get it taken off. i have helped friends with this and people on this board as well... just because its being reported to experian one way, doesnt mean its correct. there are usually errors on everyones reports. i use my negotiating skills to make things better... especially on things like medical collections and such.
You obviously didn't read what I said AT ALL. I never said just because it's being reported to us that way, that it's correct. Tell me where I said that at all?!? Yes, there is a TON of WRONG info that creditors report to the CB's. YES, you can dispute it directly with the creditor, never said you couldn't. Go back and re-read my post. Yes, if you write citi about the late, chances are they will change it, never said they wouldn't, you can easily do that with the CB as well, but if you were truely late, then you'd be better off disputing it directly with the creditor, because the person who handles disputes @ a creditor will just check the acct, see a late payment and send the dispute back to the CB saying verified....again, not sure what post you read. What I said was, when you dispute an error directly with the CB's, the creditors have 30 days to respond, if they don't respond, the dispute is in your favor, and it's updated as you said it should be, so if you say, not my debt, and the creditor doesn't respond, guess what, the tradeline is deleted. However a lot of the larger companies WILL RESPOND to your CB dispute. So if people are out there trying to dispute info with the CB's that is correct, but it is negative info, they don't want it on their report, so they just dispute it over and over again (which happens all the time) hoping that the creditor will not respond and it'll be changed in their favor, this doesn't always work with the bigger creditors. It works almost 50% of the time with smaller collection companies and smaller creditors. But what do I know, I just do this for a living, and I have to go to credit classes every month that the CDIA makes mandatory for us
and what if a company has the wrong info on a client? the client can dispute all they want, and the cb is just going to keep on reporting it
not sure what you mean by this?? The CB's only report what they are told to report, so many people are wrong about this. They send US the data, we put it on the report. If the creditor updates their data, we update the report, it's that easy. If the creditor makes a correction to data they reported to us 3 months ago, we will update it when we receive that correction through a little service called e-oscar or through when we received a UDF. Now if a creditor reports a wrong social to us, well we have to keep that social on the report until the consumer disputes that it is incorrect, it's part of strict guidelines that the FTC and FCRA has on CB's. If the consumer disputes it, and tells us that, that is not their social, it will be removed from their credit report once we verify with the social security office that, that social does not belong to them. Once again though, I know nothing about this because I don't do it for experian day in and day out
and you know everything, and are never wrong.