Consumer Credit Repair - False Reporting is Detrimental but Easily Resolved - at No Cost

YOUR ADDRESS

YOUR ADDRESS

DATE

Equifax Credit Information Services

P.O. Box 40241

Atlanta, GA 30374

Experian

701 Experian Parkway

Allen, TX 75013

Trans Union Corporation

P.O. Box 34012

Fullerton, CA 92834

Colo. Student Loan Program

P.O. Box 1529

Denver, CO 80201

THIS IS A DISPUTE LETTER PURSUANT TO F.R.C.P. § 611(a)(2) and U.S.C. § 1681

Re: Debtor XXXXXX, D.O. B. XX/XX/XXXX, SS #: XXX-XX-XXXX

Address listed on report: 123 Main Street, Anywhere USA (for verification purposes)

________ accounts referenced below

Dear Messrs:

I am hereby disputing the below-listed accounts reported on my credit report, as I believe a portion of the primary debt to have been reported in duplicate, while others have not been reported as "paid in full." My research shows as follows:

1) Account "X" was reported by the XXXXXX, in the original amount of $XX.00, now owing $XX.00; and can be viewed on both Equifax and TransUnion bureaus;

2) Account "X" was reported by XXXXX, in the original amount of $XX.00,

now owing $XX.00; and can be viewed on both Equifax and TransUnion bureaus;

et al....

I believe that erroneous duplicative reporting has occurred with respect to items #X and X, as these listed debts as "new" debts, separate and different from the original debts reported by XXX, reflects primarily to the XXX debt corresponding with the reporting party's account number. Pursuant to F.R.C.R. § 623(a), it is the duty of the furnishers of information to provide accurate information. These furnishers shall "follow reasonable procedures to assure maximum possible accuracy" to assure any consumer's debt is reported accurately. Therefore, a debt is only to be reported as only one entry on a consumer's credit report. If another collection agency "buys" a loan or that agency returns the debt back to the original creditor for collection, only one item may reported at a time for that specific debt. It is the prior collector's responsibility to ensure their entry is removed, allowing the current collector to add an entry on their own behalf.

Please provide me with documentation of XX separate accounts that are not duplicative of each other in any respect with respect to loans incurred with XXX, in the name of this debtor, within 30 days of this letter. Please send this written documentation to my address: 123 Main Street, Anywhere, USA via certified mail. Otherwise, I hereby respectfully request deletion of the XX duplicative items incorrectly reported to each credit reporting bureau, with the most current balance as the only the entry to remain on my credit report, within 30 days of this letter. These remaining balances should now be reported as "paid in full." The following paragraph explains why.

I also respectfully request that CSLP update the remaining XX loans with the proper remaining balances, as payments have been made and received, while XX loans have been completely paid in full. I have made XX payments, and my credit reports have yet to be updated. I was advised the process takes six to eight weeks. It has been more than sixteen weeks and you still have not updated those remaining XX accounts as "paid in full", as required by Federal law.

Both the duplicative reporting and the mis-reporting by XXX of the XX, now paid-in-full, loans on my credit report have caused irreparable financial damage and emotional stress, both of which are compensable under Federal law. The intent of this letter is to simply spur your offices into action to have this remedied immediately.

Thank you for your assistance in this matter.

Very truly yours,

YOUR NAME