Before you start disputing a TL in your CRA file, you MUST read this in its entirety - it details HOW a CRA "investigates" a dispute and shows how the cards are stacked against you in any dispute.http://financialservices.house.gov/media/pdf/060403lb.pdf#search='leonard%20bennett
For those who can't find the time to read it all, here is the "Executive Summary"
1. FCRA requires CRA's to investigate a TL when a consumer indicates a dispute. FCRA makes absolutely no mandate or dictate on how
or how thorough
the "investigation" must be - merely that it investigate.
2. When you dispute a TL, the CRA will disregard any documentation you send to them. Their "investigation" will entail merely going back to the source of the TL and ask "Is this (pointing to the TL as it is in your CRA file) what your records indicate?" Of course the source of the information will say "yes".
3. At that point, as far as the CRA is concerned, they have "investigated", and the TL is proven, and any further dispute of that TL will be considered "frivolous", since the CRA already investigated.
This kind of "investigation" can be compared with the police asking a suspect "Did you Commit the Crime?", and merely accepting at face value the suspect's "No" and considering the case closed.
That is why I always suggest informing the SOURCE of the TL that you dispute the TL in its entirety, by CMRRR, THEN disputing it with the CRA. The CRA will obviously "verify" the TL, but now you will have a FCRA cause of action against the source of the TL for failing to notify the CRA that you dispute the TL.
If a creditor told a CRA that you are a cannibal, the CRA would be able to verify that you are a cannibal.