What is the time frame you have to wait after making a dispute before you can submit another one?
Answers:
You can also attach a statement to a item on your credit report. I am not certain how much good it does but it does give the individual reviewing the report your side of the story. I had an item on my credit report that I disputed three times, finally writing a detailed letter outlining the dispute. Two of the three agencies had removed the item (a $21 Library charge) finally they took it off my credit report. I also went to the local collection agency that had reported it and spoke with them. That was actually what had the item removed. Just dealing with the credit reporting agency is often not enough, if you have contact information for the creditor call them also and you may get more accomplished. GOOD LUCK
If they denied it you are stuck..
Call the credit bureaus directly and explain to them what happened and they will "reinvestigate" for you.
You should call the credit report agency you filed the on-line dispute with and talk with a human being about your dispute. He or she may have an alternative means to submit your dispute other than the traditional on-line method.
There is no set time limit to file another dispute, but if they feel you are sending frivolous disputes they do not have to follow the same rules to research them.
Never file a dispute with the On-Line Form or try to dispute items over the phone, alway send a certified letter stating your dispute. This way you have physical proof that they have it, and it makes it simpler to send any backup documentation to support your position.
For example, if you have proof that it is not correct such as a balance they show as unpaid but you paid it, send the dispute plus a copy of the cancelled check. If it still comes out correct you can add a 100 word statement to your report stating why you feel it is incorrect. You would then have to send a letter to the company that put the information on your report, requesting that they send you proof of the negative information. They have 30 days to do this, if they do not you can have it removed from your report.
As far as I know you can dispute it as many times as you want. If the credit agency is not making any progress I would call the company directly. Ask for copies of all the paperwork that they have to prove it is a correct debt. Depending on the ammount and the time frame it might be worth looking into a lawer. Check and see if your company has a EAP. Some allow 1 legal counsel a calender year. If the debt has been on your credit for close to seven years than it might be worth waiting it out than the hassle of disputing it. Unless it is a bankruptcy or repo it can only stay on your credit for 7 years.
I am now officially impressed with OC's knowledge! I didn't think anyone would answer this correctly.
In the last round of law changes in 2003, the FCRA was modified to allow the credit bureau to ignore repeated disputes as frivolous. There is really nothing that spells out how frequent you dispute an item, but you certainly don't want to constantly dispute an item.
The reason is simple! The law spells out exactly what you must do if there is incorrect information on your report. Your problem is you have not read the FCRA laws, you don't understand your rights, and you don't understand the procedure. So let me help you out.
When you file a dispute, all the credit bureau is required to do is "verify" the debt. All they will do is contact the creditor, ask if the information is correct, and the creditor simply "rubber stamps" the request by saying it is. No real investigation is ever done in most cases.
The credit bureau is now off the hook, they have fulfilled the FCRA repuirements and you are stuck.unless you know and understand the law.
Your next step is to send a "demand to validate" letter to the CREDITOR or collection agency. They have 30 days to send you copies of contracts, bills, receipts, and everything they used to calculate what they claim you owe.
If they fail to do this, or fail to properly prove this debt, you then send another letter to the credit bureau. Tell them that the creditor failed to validate the debt, and they are now listing unvalidated information on your credit report in violation of the law.
In most cases this will immediately get the report deleted. If not, you can now sue both the creditor and the credit bureau for $1000. It's a simple small claims court lawsuit, and if you follow these procedures you will easily win.
See the links below for more information.
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