Re: CRA Legal Proscribed Procedure to Investigate

Posted by Why Chat (12.77.147.147) on July 19, 2002 at 18:12:23:

In Reply to: CRA Legal Proscribed Procedure to Investigate posted by Kimberly on July 18, 2002 at 19:39:01:

§ 611. Procedure in case of disputed accuracy [15 U.S.C. § 1681i]
(B) Requirements relating to reinsertion of previously deleted material.
(i) Certification of accuracy of information. If any information is deleted from a consumer's file pursuant
to subparagraph (A), the information may not be reinserted in the file by the consumer reporting agency
unless the person who furnishes the information certifies that the information is complete and accurate.
(ii) Notice to consumer. If any information that has been deleted from a consumer's file pursuant to
subparagraph (A) is reinserted in the file, the consumer reporting agency shall notify the consumer of
the reinsertion in writing not later than 5 business days after the reinsertion or, if authorized by the
consumer for that purpose, by any other means available to the agency.
(iii) Additional information. As part of, or in addition to, the notice under clause (ii), a consumer reporting
agency shall provide to a consumer in writing not later than 5 business days after the date of the
reinsertion
(I) a statement that the disputed information has been reinserted;
(II) the business name and address of any furnisher of information contacted and the telephone
number of such furnisher, if reasonably available, or of any furnisher of information that contacted
the consumer reporting agency, in connection with the reinsertion of such information; and
(III) a notice that the consumer has the right to add a statement to the consumer's file disputing
the accuracy or completeness of the disputed information.
(C) Procedures to prevent reappearance. A consumer reporting agency shall maintain reasonable
procedures designed to prevent the reappearance in a consumer's file, and in consumer reports on
the consumer, of information that is deleted pursuant to this paragraph (other than information that
is reinserted in accordance with subparagraph (B)(i)).
(iii) a notice that, if requested by the consumer, a description of the procedure used to determine the
accuracy and completeness of the information shall be provided to the consumer by the agency,
including the business name and address of any furnisher of information contacted in connection
with such information and the telephone number of such furnisher, if reasonably available;
(7) Description of reinvestigation procedure. A consumer reporting agency shall provide to a consumer
a description referred to in paragraph (6)(B)(iii) by not later than 15 days after receiving a request from
the consumer for that description.

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