Please clarify dispute periods....

[pvtjoker]

I have read on here that a person must wait 30+5 days in between disputes. So for example I sent a dispute to CRA on October 1, and I recieved results on October 30 but the report from the CRA was dated October 25 when the investigation ended.

So my question is can I submit a new dispute on November 5 or must I wait until November 30??

Thanks

[chane]

You can do another one 30 days after the CRA has received the dispute as stated below in the FCRA. However, I usually wait a little longer just to make sure it's been 30 days or they will consider it an extension to the first one and just add 15 more days as noted in section B.

(A) In general. Subject to subsection (f), if the completeness or accuracy of any item of information contained in a consumer's file at a consumer reporting agency is disputed by the consumer and the consumer notifies the agency directly, or indirectly through a reseller, of such dispute, the agency shall, free of charge, conduct a reasonable reinvestigation to determine whether the disputed information is inaccurate and record the current status of the disputed information, or delete the item from the file in accordance with paragraph (5), before the end of the 30-day period beginning on the date on which the agency receives the notice of the dispute from the consumer or reseller.

(B) Extension of period to reinvestigate. Except as provided in subparagraph (C), the 30-day period described in subparagraph (A) may be extended for not more than 15 additional days if the consumer reporting agency receives information from the consumer during that 30-day period that is relevant to the reinvestigation.