I have a collection account listed from First Premier bank on my credit report which i believe is inaccurate.
I sent them a letter like below. In return, they sent me a letter saying that if I want to dispute the information I must take it up with the credit beaurea. I clearly had already done so based on my letter. Don't they have to provide the validation that they provided to the credit bureau? What are my options?
I am writing in reference to account [account number removed as per forum rules] which was placed on my Experian, Equifax and TransUnion credit reports by your company. The credit bureaus informed me that your company verified the account as being accurate.
Please let this letter act as my formal request for you to launch an investigation into the account which is my right under the Fair Credit Reporting Act.
Once your investigation is complete, I would like to receive a copy of the documentation that was used to verify the account with the credit bureaus. I need this documentation due to the fact that I know this account is inaccurate and needs to be deleted from my credit reports.
Upon your investigation, if you find that there is no supporting evidence of the accuracy of the account, I would like you to please move forward by informing the three major credit bureaus (Experian, Equifax and TransUnion) of your findings so that they can delete the account from my credit reports as soon as possible.
The Fair Credit Reporting Act allows me to take legal action if this matter is not resolved as soon as possible and I will have no hesitation in doing so.
Thank you for your cooperation and I look forward to hearing from you as soon as the investigation is completed.