Christopher
Tamarac,#2Consumer Comment
Wed, November 26, 2003
Actually, the credit bureaus DO NOT have to have verification from these collections agencies, etc. I wish they did. I have been trough the entire drill (twice now.) The popular perception that if a company cannot verify or demonstrate evidence for a particular claim, by law they will have to remove it is simply untrue. For instance, Experian only asks the company to confirm or deny the claim (not prove it). If the company says its legitmate, Experian (and others) will keep it on the record with no evidence of the matter whatsoever, sadly. The system is badly flawed. First we have companies inaccurately requesting funds they're not rightly owed. Then we have credit bureaus who will not insist that these bogus remarks be demonstrated as accurate. Then we have an industry which capitalizes on the lower credit scores that come as a result to acquire higher interest rates. Its either one big elaborate scheme targeted to probe $$ out of the public, or its affirmation of the growing level of service incompetence running rampant in this country. Either way it should not be tolerated.
Cindy
Liverpool,#3Consumer Suggestion
Wed, November 12, 2003
before you do anything else. If they can't prove that it is your debt, it has to be erased from your credit report as if it were never there in the first place. Thye have 30 days to respond to your request or the debt is erased any way. Give it a try, and DO NOT GIVE THEM your social security number, that's a big clue that its not your debt. Or your date of birth or any other primary information, it could be a scam like casco,or camco or what ever that other rip-off credit agencys name is....good luck, let us know how it went