Post Number: 815
|Posted on Saturday, May 03, 2003 - 05:12 am: ||
Another great Mad Taper recording!
He asked how accounts that don't belong to him end up on his credit file. He was told that 2 out of 3 items need to match:
Name - address - SSN
When you dispute, they provide those 3 items to the data furnisher. So, if a collector doesn't have your SSN, they have it after the dispute. (Of course they could also get your SSN from the credit report.)
Mad Taper wasn't too happy with that, since Equifax is providing his SSN to some company that he's never dealt with.
He also found out that most furnishers get the disputes electronically, but some are faxed or mailed.
He was told that a creditor HAS to provide the original application, statements, etc. We all know that unless it's a collector, that often is just not happening.
Mad Taper complained that he has to prove that it's not his account, why doesn't Equifax do the verification?
"They don't have to provide Equifax the information. All we do is send out a 3-digit dispute code, they send back a response in a 3-digit dispute code. They don't provide us the information, it's not relevant to Equifax, it's relevant to the consumer."
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