Whenever disputing a credit report with a credit reporting agency, consumers should also send a written dispute to the creditor or other furnisher (e.g., a debt collector) of the information. Under the Fair Credit Reporting Act, a furnisher’s investigation obligation arises only when it receives notice of the consumer’s dispute directly from the credit reporting [...]
17
Jun
Identity Theft Is No. 1 Consumer Complaint
According the Federal Trade Commission, identity theft replaced debt collection as the top subject of complaints by consumers in 2009. According to a recently published report, the FTC received more than 278,000 complaints related to identity theft. In previous years, debt collection had ranked number one, but it is now number two. Debt collectors apparently [...]
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