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Guidelines Governing How Creditors Report Information to Credit Bureaus


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  • They cannot report information that they know is incorrect.
  • They cannot ignore information that contradicts information that they have on file.
  • They must notify the credit bureau if a debtor disputes information with them.
  • They must indicate when a consumer voluntarily closes an account.
  • They must investigate a consumer dispute within 30 days of receiving notice.

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    This entry was posted on Thursday, December 17th, 2009 at 6:40 pm and is filed under The Fair Credit Reporting Act. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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