MikeWas · @mikewas
71 followers · 329 posts · Server esq.socialIf a debt collector is reporting inaccurate information, you can skip the dispute step and go straight to suing the debt collector under the Fair Debt Collection Practices Act. (Section 1692e (8) ).
MikeWas · @mikewas
71 followers · 328 posts · Server esq.socialOnce you dispute this information, the credit bureau must make a "reasonable investigation" of your dispute, and either correct or remove the information.
If they refuse to correct or delete incorrect, obsolete, or incomplete information, you can sue them under the Fair Credit Reporting Act for any resulting damages.
MikeWas · @mikewas
71 followers · 327 posts · Server esq.socialWhat if the debt is showing up on your credit report?
You have the right to challenge any information on your credit report that is:
1. Incorrect,
2. Obsolete (usually, beyond the seven-year mark), or
3. Incomplete.
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MikeWas · @mikewas
62 followers · 175 posts · Server esq.socialHave another favorite CFPB resource? Reply below and tell everyone.
#CFPB #freeresources #fcra #fdcpa #debtcollection
MikeWas · @mikewas
62 followers · 172 posts · Server esq.social
5. How to handle debt collection:
https://www.consumerfinance.gov/consumer-tools/debt-collection/
#CFPB #freeresources #fcra #fdcpa #debtcollection
MikeWas · @mikewas
63 followers · 170 posts · Server esq.social
4. How to work on your credit report:
https://www.consumerfinance.gov/consumer-tools/credit-reports-and-scores/
#CFPB #freeresources #fcra #fdcpa #debtcollection
MikeWas · @mikewas
63 followers · 170 posts · Server esq.social4. How to work on your credit report:
https://www.consumerfinance.gov/consumer-tools/credit-reports-and-scores/
#CFPB #freeresources #fcra #fdcpa #debtcollection
MikeWas · @mikewas
63 followers · 169 posts · Server esq.social3. How to manage your credit cards:
https://www.consumerfinance.gov/consumer-tools/credit-cards/
#CFPB #freeresources #fcra #fdcpa #debtcollection
MikeWas · @mikewas
63 followers · 168 posts · Server esq.social2. Consumer Complaint Database: want to know just how bad these particular bad guys are? The receipts are here:
https://www.consumerfinance.gov/data-research/consumer-complaints/
#CFPB #freeresources #fcra #fdcpa #debtcollection
MikeWas · @mikewas
63 followers · 167 posts · Server esq.social1. Credit Card Agreement Database: need to get a copy of the contract for one of your credit cards? Look it up here.
#CFPB #freeresources #fcra #fdcpa #debtcollection
MikeWas · @mikewas
63 followers · 166 posts · Server esq.socialThe CFPB (Consumer Financial Protection Bureau) offers multiple resources for consumers fighting debt collection and managing their money. Here are just a few:
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#CFPB #freeresources #fcra #fdcpa #debtcollection