| Comment Number: | 522110-00081 |
| Received: | 5/22/2006 6:10:58 PM |
| Organization: | |
| Commenter: | Dawn Pelej |
| State: | WI |
| 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:
I think that if a company goes out of business they should automatically be removed from your credit report if asked to be. I have a car loan that reported negative things on my credit report. I've tried to dispute, but because the company is out of business I can't dispute directly with them. When I tried to have it removed from my credit report I was told by the Trans Union that all I could do is include a 100 word statement as to what I feel is the correct information as the claim could neither be verified nor disputed. Also, the SOL is far too long for reporting and way to convoluted for the average person. The SOL should be around 3 years and it should start from the first default no exceptions.