| Comment Number: | 522110-00037 |
| Received: | 5/18/2006 11:16:36 AM |
| Organization: | |
| Commenter: | David Markowitz |
| State: | AZ |
| Subject: | Procedures to Enhance the Accuracy and Integrity of Information Furnished to Consumer Reporting Agencies |
| Title: | Advance Notice of Proposed Rulemaking |
| CFR Citation: | 16 CFR Parts 660 and 661 |
| No Attachments |
Comments:
Collection Agency inserting negative Trade Lines and ignores repeated requests for competant validations. Credit reporting agencies relies on faulty electronic data to resolved specific dispute of Trade Line entry by collection agency. Short of threating with law suits collection agencies are acting like haienas in a chicken coop. Zombie Debt Buyers are acting as bill collectors but claim they just buy debts. There must be a way to force Collection Agencies to respond to consumer's disputes to prove that no errors occured and no innocent consumers are hurt by their actions. Please force Collection Agencies from reporting a 4-5 years old charge off as recent credit card delinquecy. Collection Agencies also enter in their Trade Line false "UNABLE TO LOCATE CONSUMER - SKIP" all the while they are sending letters to that consumer. Pure lies and they get away with it. Thank you