Sentences with phrase «verified by the creditor»

And, if there is something you feel requires additional information to describe an extenuating circumstance or otherwise provide context to something negative on your report, additions made to the Fair Credit Reporting Act in 1996 allow you to add a 100 - word statement to any of the reports that include an item you dispute but wasn't removed because it was verified by the creditor.

And, if there is something you feel requires additional information to describe an extenuating circumstance or otherwise provide context to something negative on your report, additions made to the Fair Credit Reporting Act in 1996 allow you to add a 100 - word statement to any of the reports that include an item you dispute but wasn't removed because it was verified by the creditor.

Not exact matches

«No creditor may make a loan secured by real property [i.e., a mortgage loan] unless the creditor, based on verified and documented information, determines that, at the time the loan is consummated, the consumer has a reasonable ability to repay the loan... and all applicable taxes, insurance, and assessments.»

Information we obtain to verify representations made to us by you — such as your creditors, outstanding loans, or open lines of credit with others; and,

Be sure to call your creditors and verify that they have accepted the terms of the debt payment plan proposed to you by a credit counseling agency.

d. Customer understands that the results obtained by Joe's Credit Repair on behalf of Customer are dependent on numerous factors, including but not limited to Customer's ability to repay debts and loans, cooperation of Customer's creditors, and credit reporting agencies ability to verify information provided to them by Joe's Credit Repair on behalf of customer.

Negative items are removed by requesting the Credit Bureaus to investigate the creditors and verify the negative information they are reporting according to the guideline s in the FCRA.

To verify the credit information, lenders must use a published address or telephone number for that creditor and not rely solely on information provided by the applicant.

By law, they must verify with the creditor and if they don't hear back, remove the item.

If the debt is verified as accurate by the original creditor or collecting agency (whoever is reporting the debt to the credit bureaus), you can dispute directly with them.

It requires creditors to confirm you are who you say you are, such as by calling you to verify a credit request.

However, the final rule does not prohibit the creditor from accepting verifying documentation if the consumer proffers such documentation, provided that it is not required by the creditor before the creditor provides the Loan Estimate.

Many commenters, including settlement agents, attorneys, law firms, title insurance companies, real estate brokers, and trade associations representing settlement agents and the title insurance industry stressed that the settlement agent serves an important consumer protection function by acting as a neutral, independent third party who verifies the creditor's figures and has the best interests of the consumer and all other parties in mind.