Dead End Body Repair

Ms [redacted] ,? When it comes to a consumer credit report we there are two regulations that we have to comply with.? FACT ACT? (Fair and Accurate Credit Transaction Act) and FCRA (Fair Credit Reporting Act.)By Mr [redacted] own admission, he stated in the complaint that he “had financial problems I struggled to make payments which caused days late being reported.”? We can not remove thisjust because he wants this removed.? The information we are reporting is correct.? If we change the credit report record to anything other than what we are reporting, we would be providinginformation that is inaccurate.? In the FCRA it states:§ Responsibilities of furnishers of information to consumer reporting agencies [U.S.C§ 1681s-2](a) Duty of Furnishers of Information to Provide Accurate Information(1) Prohibition(A) Reporting information with actual knowledge of errors.-A person shall not furnish any information relating to a consumerto any consumer reporting agency if the person knows or hasreasonable cause to believe that the information is inaccurate.Here is some information about negative information on credit report from Experian’s (Credit Reporting Agency) website:Negative information in your credit report is removed automatically at times specified by the Fair Credit Reporting ActHere is a brief listing of the most common types of information in a credit report and when it will be deleted:•Open accounts with no negative payment history: remain indefinitely as long as they are open and active.•Closed accounts with no negative payment history: remain years from the date they are closedPositive accounts remain on your credit report longer than negative accounts.•Late payments remain seven years from the original delinquency dateA single late payment is deleted at seven yearsIf there was a series of late payments (not paid at days, or days, or days) and then brought current, the payments would be deleted seven years from the first one missed in the seriesIf the account was never brought current and charged off and placed for collection, the entire account will be deleted based on the date the account became late and was never again currentThis is known as the original delinquency date.•Collection accounts remain seven years from the original delinquency date of the original accountCollection accounts are treated as a continuation of the original debt and are deleted at the same time.•Chapter bankruptcy is deleted seven years from the filing date because at least a portion of the debt is repaidChapter bankruptcy remains years from the filing date because none of the debt is repaid.•Civil judgments remain seven years from the filing debtA civil judgment is essentially a debt you owe through the court.•Unpaid tax liens remain years from the filing dateOnce paid, the lien will remain seven years from the paid date.•Inquiries: remain two years from the inquiry dateHowever, the impact of inquiries on credit scores is minimal and decreases rapidly.Note that, except for tax liens, making a payment or any other activity on the account will not impact these rules.So, as you can see above, we will? not be able to provide the desired resolution he is requesting.? Please let me know if you need anything else[redacted] President/CEOComplex Community FCU [redacted]

Elmer’s Aquarium*** *** *** ***
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*** ***This is in regard to a complaint from 6-20-18 #***. Sorry for the delay in my response, but it took a few weeks to resolve.Mr *** ** requested some warranty work
on an aquarium we installed. I was not aware that the manufacturer (Red Sea Aquariums) was not responding. Once I received you letter I contacted Red Sea myself on his behalf. On Friday July Mr** told me the requested parts were in and we are planning on installing them this Friday July at no charge.I believe Mr ** is now satisfied with the resolutionSincerelyGary K***PresidentElmer’s Aquarium
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Ms***,? When it comes to a consumer credit report we there are two regulations that we have to comply with.? FACT ACT? (Fair and Accurate Credit Transaction Act) and FCRA (Fair Credit Reporting Act.)By Mr*** own admission, he stated in the complaint that he “had financial
problems… I struggled to make payments which caused days late being reported.”? We can not remove thisjust because he wants this removed.? The information we are reporting is correct.? If we change the credit report record to anything other than what we are reporting, we would be providinginformation that is inaccurate.? In the FCRA it states:§ Responsibilities of furnishers of information to consumer reporting agencies [U.S.C§ 1681s-2](a) Duty of Furnishers of Information to Provide Accurate Information(1) Prohibition(A) Reporting information with actual knowledge of errors.-A person shall not furnish any information relating to a consumerto any consumer reporting agency if the person knows or hasreasonable cause to believe that the information is inaccurate.Here is some information about negative information on credit report from Experian’s (Credit Reporting Agency) website:Negative information in your credit report is removed automatically at times specified by the Fair Credit Reporting ActHere is a brief listing of the most common types of information in a credit report and when it will be deleted:•Open accounts with no negative payment history: remain indefinitely as long as they are open and active.•Closed accounts with no negative payment history: remain years from the date they are closedPositive accounts remain on your credit report longer than negative accounts.•Late payments remain seven years from the original delinquency dateA single late payment is deleted at seven yearsIf there was a series of late payments (not paid at days, or days, or days) and then brought current, the payments would be deleted seven years from the first one missed in the seriesIf the account was never brought current and charged off and placed for collection, the entire account will be deleted based on the date the account became late and was never again currentThis is known as the original delinquency date.•Collection accounts remain seven years from the original delinquency date of the original accountCollection accounts are treated as a continuation of the original debt and are deleted at the same time.•Chapter bankruptcy is deleted seven years from the filing date because at least a portion of the debt is repaidChapter bankruptcy remains years from the filing date because none of the debt is repaid.•Civil judgments remain seven years from the filing debtA civil judgment is essentially a debt you owe through the court.•Unpaid tax liens remain years from the filing dateOnce paid, the lien will remain seven years from the paid date.•Inquiries: remain two years from the inquiry dateHowever, the impact of inquiries on credit scores is minimal and decreases rapidly.Note that, except for tax liens, making a payment or any other activity on the account will not impact these rules.So, as you can see above, we will? not be able to provide the desired resolution he is requesting.? Please let me know if you need anything else.*** ***President/CEOComplex Community FCU***