Experian Credit Report Bureau Address
2010
Should I trust the credit bureaus?
Experian sent me a letter today in the mail asking me to send a copy of my state ID and bank statement to verify my mailing address. I disputed this address recently along with a collection on my report thats honestly doesnt belong to me. What I want to know is since I am currently disputing this collections over an alleged AT&T wireless bill with this collection name Cavalry Portfolio, should I send my ID to Experian? Something was bad going through my head about the situation, like if I send a copy of my ID, will Cavalry get a hold of it so they will have my correct DL number for that bogus collections? And to be honest I think Cavalry and Experian are working with each other on this bogus collection. Why come aint no other credit bureau showing that collection on my report? Everyone I have heard about Cavalry reporting a bogus or out of SOL collections, its always on the Experian credit report only..What should I do?
The previous advise is terrible.
To deal with this, you must first understand the law. That means read the Fair Credit Reporting Act. All the answers you need are right there.
Lets review…..
Credit bureaus only report what they are given. They don’t know if the info is accurate or not, they just report it.
When you dispute something, they would like to know who you are and if their information is accurate. I see no harm in sending them a copy of your drivers license, but NEVER send them copies of bank statements, or other personal information. All the info they need is on your drivers license.
DO NOT call the credit bureau. You want to create a paper trail, so that if you need to sue anyone you can prove that you contacted someone. If you want to call Experian go ahead, but follow it up with a letter. Send all letters by certified mail so you can prove you contacted them.
So your first step is to send Experian a dispute letter (see example letters below) and include a copy of your drivers license. If this dispute involves suspicion of identity theft, you may need to include an affidavid.
At the same time, send a letter to Cavalry. This is your “damand to validate” letter. You are telling Cavalry to prove you owe this debt, and they must supply you with copies of bills, contracts, and everything that was used to calculate what you owe. They have 30 days to respond to this letter.
Remember, it’s NOT your responsibility to prove you DON’T owe this debt. They have to prove it.
If they do not respond to this letter, send a copy along with another demand to Experian to remove the listing due to “lack of validation”.
If, after all these letters are sent, the listing is still on your report, sue them! It’s easy to do in small claims court. I’ve done it, and I’m helping others do it too.
Read the links below. If you need further advice or help contact me. I am not a lawyer or credit counsoler, but someone who has been down this road many times and is helping others.
Comment