What are my rights in regards to negative credit information that cannot be verified by CRA?
I have already submitted an investigation request with credit reporting agencies, to which they have replied by stating "unable to verify".
Next I sent two letters to the alleged creditor, asking them to contact me so that we can clear up this matter. I received no reply from my first mailing, so I sent a second letter, certified. It's been almost 2 months since my letter was received by the creditor, and still I have heard nothing.
The tradeline is listed as a "charged-off account". Which severly affects my credit rating, if I legally owe the money, I want to pay it, if not I want the tradeline removed. But I don't know what to do next. Any advice?
If it helps any, this account was a vehicle lease, I did not roll the vehicle over, at the end of my lease, but instead gave it back. 3 year lease, I leased in April 95, gave back, early May 98. Creditor alleges that I stilled owed them for 1 month's lease. $400.00
If I recall, I received one notice regarding balance owed, in June 98, that was it. Account was charged-off by 12/98.
I have already submitted an investigation request with credit reporting agencies, to which they have replied by stating "unable to verify".
Next I sent two letters to the alleged creditor, asking them to contact me so that we can clear up this matter. I received no reply from my first mailing, so I sent a second letter, certified. It's been almost 2 months since my letter was received by the creditor, and still I have heard nothing.
The tradeline is listed as a "charged-off account". Which severly affects my credit rating, if I legally owe the money, I want to pay it, if not I want the tradeline removed. But I don't know what to do next. Any advice?
If it helps any, this account was a vehicle lease, I did not roll the vehicle over, at the end of my lease, but instead gave it back. 3 year lease, I leased in April 95, gave back, early May 98. Creditor alleges that I stilled owed them for 1 month's lease. $400.00
If I recall, I received one notice regarding balance owed, in June 98, that was it. Account was charged-off by 12/98.
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