Not exact matches
The next part which I find to be LITERALLY the most insulting is the
credit bureaus will be required to use «trained employees» to review the documentation consumers submit when they encounter an
error on their
credit report & if the creditor says its correct the bureau employee must
still look into it and resolve the
dispute.
This information makes it seem that
credit report disputes are a waste of time, but they're
still a worthwhile effort, especially if you have significant
errors on your
report.
A follow - up study found that 70 % of those with
errors on their
reports believe the
disputed information was
still inaccurate after it was
reported to the
credit agency.
The Federal Trade Commission has issued a follow - up study of
credit report accuracy that found most consumers who previously
reported an unresolved
error on one of their three major
credit reports believe that at least one piece of
disputed information
on their
report is
still inaccurate.