- Centurion Member
- Posts: 4913
- Joined: Sun May 20, 2012 4:35 pm
- Location: WI
What I've found is even if what you are disputing is 100% wrong, the creditor will simply "verify" it to the CRA (my guess is this means they just say it's accurate) and the CRA comes back with it's been "verified" and it stays. And at that point your options are very limited.
I could be missing something, and maybe some of them mess up and don't "verify" or whatever and you get lucky, but in general, good luck with this tactic. Personally I disputed an old charge off account that was charged off over 20 years ago that should have fallen off LONG ago, but they keep illegally re-aging it (it may be illegal but it appears this is very selectively enforced and most just get away with doing it) and they probably will re-age it long after I'm dead, and they "verified" it, and it stayed. I complained to the FTC, and at that point I was out of options to deal with it. And complaining to the FTC as expected accomplished exactly nothing whatsoever.
So, good luck is all I can say. What your "rights" may be and what goes may be entirely different, as with many things like age discrimination in the workplace for example, or it being illegal to reject applicants based on criminal records. The law says one thing, but reality is something totally different.