Credit Repair Organizations

[danimaltex]

Hi all again -
I was curious, and maybe someone can shed some light on this. I have seen some letters that rebut CRA's accusing people of using credit repair companies (and maybe not furnishing the information of the request because of it), but i thought they were legal?
Thanks!
D

[nelly16]

When I had lexlaw i received a letter from experian saying something like "we received a letter from someone writing on your behalf that we believe wasn't you...blah blah blah." It essentially was a stall letter. I don't think there is any problem with using credit repair orgs as long as you make sure you're using a legit one. I tried lexlaw for a few months and dropped them due to terrible service and no longer getting deletions, but there seem to be others on here who had them and liked them. I think there is also an ongoing thread on here comparing them to another service.

[Lian]

Disputes made by credit repair organizations on behalf of a consumer have long been a bone of contention by the credit industry.

Congress has also entered into the frey. Section 623(a)(8)(G) of the FCRA, for example, totally excludes credit repair organizations from filing direct disputes on behalf of a consumer. The implementing rules for the direct dispute process, as set forth in 16 CFR 660.4(b)(2) go even further, stating that if the dispute is even submitted on a form supplied by a credit repair organization, it is excluded from the direct dispute process.

One problem with credit repair organizations is that congress themselves don't put them on the same footing. They dont have full legal representational authority.