- Report: #225092
Complaint Review: Experian - Allen Texas
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Experian
P.O. Box 9556 Allen, 75013 Texas, U.S.A.
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800-493-1058
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Experian Allowed disputed debtor to change status date. ripoff Allen Texas
In September I disputed two charge offs on my credit report, one from 2001 and the other from 2003. Under status, my credit report reads charged off. Under status date, my report used to read 2001 and 2003. Now, after they supposedly "verified" these debts after my dispute, the status date has changed to 10/2006.
I applied for a 2nd mortgage and the company I applied at told me I had a charge off dated 10/2006. They saw no original charge off date, no date of delinquency, nothing but the date of 10/2006, and the mortgage company told me they see these as new debts.
First, Experian should not have allowed the status date to change. I can see how the reporting date would change (and it did because they re-reported after my dispute), but how can the status date change? I will dispute this.
Second, what kind of credit reports are mortgage companies getting that they don't see how old an account is, merely see the last reporting date? This make is looks like a new charge off. Especially in cases wherein the collection is re-reported every so often. In addition, are the credit scores figured from this new date too?
Luckily I was still approved for my 2nd mortgage because they used the credit reports from July that I supplied, which had all the original info.
I am still awaiting reports from Equifax and Trans Union to see if they did same thing.
Nikki
Coconut Creek, Florida
U.S.A.
I applied for a 2nd mortgage and the company I applied at told me I had a charge off dated 10/2006. They saw no original charge off date, no date of delinquency, nothing but the date of 10/2006, and the mortgage company told me they see these as new debts.
First, Experian should not have allowed the status date to change. I can see how the reporting date would change (and it did because they re-reported after my dispute), but how can the status date change? I will dispute this.
Second, what kind of credit reports are mortgage companies getting that they don't see how old an account is, merely see the last reporting date? This make is looks like a new charge off. Especially in cases wherein the collection is re-reported every so often. In addition, are the credit scores figured from this new date too?
Luckily I was still approved for my 2nd mortgage because they used the credit reports from July that I supplied, which had all the original info.
I am still awaiting reports from Equifax and Trans Union to see if they did same thing.
Nikki
Coconut Creek, Florida
U.S.A.
5 Updates & Rebuttals
Nikki
Coconut Creek,Florida,
U.S.A.
What Should I Do Now?
#2Author of original report
Thu, December 14, 2006
Should I re-disute with Experian asking for verfication from new dispute or should I just request the verification from the previous dispute back in September? Also, I thought I read somewhere that the creditors (sorry, not debtors) cannot change the status date when they re-report debts. I thought original status date must show. Am I mistaken? Thanks!
Steve
Bradenton,Florida,
U.S.A.
Nikki, Experian policy contradicts the FCRA.
#3Consumer Suggestion
Wed, December 13, 2006
Nikki, What the Experian policy does not tell you, is that you have the legal right to see all verifications communications regarding your dispute. They cannot legally just say it was verified, and leave it at that. When you do disputes, DO NOT do them online or over the phone, as these methods do not give you any proof of your dispute which means you cannot sue them for FCRA violations. This is why they do this. They stack the deck in their favor. Here's what you do, in writing by certified mail, return reciept requested. put the certified# on the letter itself, and keep a copy for your records. This is very important as it proves WHAT you sent. In this letter dispute the debt, and specify that you are invoking your right under the provisions of the FCRA to see all communications and documents used in the "verification" process. You should now get results. Good luck.
Steve
Bradenton,Florida,
U.S.A.
Nikki, Experian policy contradicts the FCRA.
#4Consumer Suggestion
Wed, December 13, 2006
Nikki, What the Experian policy does not tell you, is that you have the legal right to see all verifications communications regarding your dispute. They cannot legally just say it was verified, and leave it at that. When you do disputes, DO NOT do them online or over the phone, as these methods do not give you any proof of your dispute which means you cannot sue them for FCRA violations. This is why they do this. They stack the deck in their favor. Here's what you do, in writing by certified mail, return reciept requested. put the certified# on the letter itself, and keep a copy for your records. This is very important as it proves WHAT you sent. In this letter dispute the debt, and specify that you are invoking your right under the provisions of the FCRA to see all communications and documents used in the "verification" process. You should now get results. Good luck.
Steve
Bradenton,Florida,
U.S.A.
Nikki, Experian policy contradicts the FCRA.
#5Consumer Suggestion
Wed, December 13, 2006
Nikki, What the Experian policy does not tell you, is that you have the legal right to see all verifications communications regarding your dispute. They cannot legally just say it was verified, and leave it at that. When you do disputes, DO NOT do them online or over the phone, as these methods do not give you any proof of your dispute which means you cannot sue them for FCRA violations. This is why they do this. They stack the deck in their favor. Here's what you do, in writing by certified mail, return reciept requested. put the certified# on the letter itself, and keep a copy for your records. This is very important as it proves WHAT you sent. In this letter dispute the debt, and specify that you are invoking your right under the provisions of the FCRA to see all communications and documents used in the "verification" process. You should now get results. Good luck.
Nikki
Coconut Creek,Florida,
U.S.A.
Another Question
#6Consumer Suggestion
Wed, December 13, 2006
On the Experian dispute page, Experian states they cannot remove information verfied as accurate. Does this mean I cannot re-dispute something that was verified and still think is wrong?
