Legal Question in Credit and Debt Law in Georgia

To get a meaningful response, you need to provide facts, not a vague "Can they..." What DID happen? What was the nature of the transaction and agreements? What happened with the transaction? What was reported to the credit bureau? How is it inaccurate? What did the credit bureau do when you disputed?

To answer you, you need to be specific.

What do you owe them, and did you pay it on time?

What was reported to the credit bureau and why do you feel it is inaccurate or improper?

What did the credit bureau do when you disputed the debt in writing?

If you have some kind of lending agreement with them whereby you owe them money the answer is probably. The reporting requirements are going to be governed by the Fair Credit Relief Act provisions. Assuming that whatever is reported is erroneous, you need to send them a certified letter advising of the error and ask them to investigate.

The question is though who made the error? A lot of times information is reported accurately but the credit bureau is the one who screwed up. In such case, the letter should be directed to all of the credit bureaus with a copy to the creditor advising what is wrong and why.

If correct information was reported, no matter if it was negative, it can stay on ther for approximately 7 - 7 1/2 years (its 7 years from the charge off date, which can be about 6 months after the debt became delinquent).

If you want me to review your credit report for a reasonable fee, I can. I can also do dispute letters to the credit bureaus and/or creditor which furnished the information but I will only dispute incorrect information or information over 7 1/2 years old. Please contact me at [email protected] if interested.