The Credit Code.

The Credit Code
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THE CREDIT CODE [1]

LEARN HOW TO REPAIR YOUR CREDIT WITH OUR SAMPLE CREDIT REPAIR LETTERS

* Home [2]
* About [3]

CREDIT REPORT LETTERS [4]

SAMPLE LETTERS
 
The following letters are guides you can use to write your own
letters of dispute, requests for credit reports, etc.
 
Remember, don’t make copies and  simply  fill in the blanks. 
Write your own letters using these as a guide.  Be concise and to the
point, but include all necessary details. Remember to make a copy for
yourself, and to send all letters by registered mail, return receipt
requested.
 
Keep a log of exactly when you sent each letter, what kind of reply
you received (if any), and what your next steps are.  Refer to the
previous chapters for instructions on how to proceed as you follow
each step in repairing your credit.

PUBLISHED BY: CREDIT REPAIR GURU ON SEPTEMBER 13TH, 2007 | FILED
UNDER MAIN [5], 35 CREDIT REPAIR LETTERS [6]
COMMENT NOW [7]

CREDIT REPAIR LETTERS - ADMISSION BY SILENCE - VALIDATION OF DEBT [8]

ADMISSION BY SILENCE VALIDATION OF DEBT [9]

 

Name Address Date Account ID:

Dear credit reporting agency [10],

This certified letter, receipt number: xxxxxxxxxxxx it to formally
advise you that I
believe your company has violated several of my consumer rights.
Specifically you: [list all that applies]

-Failed to validate a debt at my request- FDCPA violation [11]
-Continued to report a disputed debt to the CRA- FCRA violation
-Continued to attempt to collect a disputed debt- FDCPA violation
-Ignored my cease and desist- FDCPA violation

Not only have you ignored my prior requests for validation of debt
(proof enclosed- receipt copies or letter copies) but also you
continue to report this debt to the credit bureaus causing damage to
my character. This letter will again request that you follow the FDCPA
and provide the following:

 

Validation of Debt Request [12]

-Proof of your right to own/collect this alleged debt
-Balance claimed including all fees, interest and penalties
-Contract bearing my personal signature
-License proof to collect debts in my state

As you may be aware, legally means that you had a duty to defend
your position but failed to do so and if my claims were untrue you
would have been compelled to deny my charges. I will use the Admission
by Silence in my defense should I be summons to court or take action
against you.

I expect to receive proof requested above, within 15 days of this
letter. Should you again ignore my request for validation of debt [13]
I reserve the right to sue your company for violations of my consumer
rights as indicated under both the FDCPA and the fcra [14]. I may seek
damages from you if warranted.

Regards, admission by silence [15] Admission by Silence Validation
of Debt [16] credit repair letters [17] credit reporting agency [18]
fcra [19] FDCPA violation [20] frca [21] validation of debt [22]
Validation of Debt Request [23]

PUBLISHED BY: CREDIT REPAIR GURU ON SEPTEMBER 13TH, 2007 | FILED
UNDER 35 CREDIT REPAIR LETTERS [24]
COMMENT NOW [25]

THE FAIR CREDIT REPORTING ACT [26]

The fair credit reporting act [27] defines the responsibilities of
creditors and credit reporting agencies when dealing with consumers.
This Act also ensures a consumer’s right to access his or her own
credit file and guarantees the privacy of that information.

Your basic rights as a consumer under the fcra [28] include:

The right to access all information by phone, mail, or in person
(except medical information), that is contained in your credit file at
any consumer reporting agency.

The right torequire a credit-reporting agency to disclose to you the
nature, substance and sources of its information.

The right (if you have been denied credit, employment, or insurance
because of a credit report) to know the name of the agency issuing
that report.

The right, if you have been denied credit within the past thirty
days as a result of a credit report issued by a credit reporting
agency, to obtain a free copy of that report.

The right to appear in person to review your file.

The right to dispute information in your credit report, and to have
that dispute investigated within 30 days.

The right to have inaccurate or erroneous information deleted from
your credit file.

The right to require the credit bureau to delete from your credit
files any information that it cannot verify within 30 days.

The right to require the credit bureau to update information to
anyone who has received your credit file.

The right to know who has been furnished a copy of your credit
report during the past six months.

The right to know the names of everyone who has been furnished your
credit report during the past two years.

The right to include a consumer statement in your credit report.

The right to have negative credit information deleted from your
credit report after the statutory time limit for reporting such
information has expired.

The right to sue a credit reporting agency.

The right to be notified by anyone requesting an investigative
consumer report on you of the nature and substance of the
investigation.

  consumer statement [29] credit bureau [30] credit report [31]
credit reporting agency [32] credit reports [33] fair credit reporting
act [34] fcra [35]

PUBLISHED BY: CREDIT REPAIR GURU ON SEPTEMBER 13TH, 2007 | FILED
UNDER MAIN [36], YOUR CREDIT RIGHTS [37]
COMMENT NOW [38]

YOUR CREDIT RIGHTS AND THE LAWS THAT PROTECT YOU [39]

WHAT ARE MY RIGHTS?
 
Before we move ahead too far, it’s important that you understand
your rights as a credit consumer.

The key to repairing your credit is the Consumer Credit Protection
Act. 

Enacted by Congress to protect consumers from unfair credit
practices, the CCPA also regulates the activities of credit reporting
agencies, collection agencies, and creditors.

It prevents credit discrimination and includes other protective
features.
 
The Consumer Credit Protection Act contains four important sections:
 
1) The Fair Credit Reporting Act (FCRA) [40]
 
2) The Fair Credit Billing Act [41]

3) The Fair Debt Collection Practices Act [42]
 
4) The Equal Credit Opportunity Act [43]

credit repair [44] credit report [45] credit rights [46] ecoa [47]
fdcpa [48] frca [49] The Equal Credit Opportunity Act [50] The Fair
Credit Billing Act [51] The Fair Credit Reporting Act (FCRA) [52] The
Fair Debt Collection Practices Act [53]

PUBLISHED BY: CREDIT REPAIR GURU ON SEPTEMBER 13TH, 2007 | FILED
UNDER MAIN [54], YOUR CREDIT RIGHTS [55]
COMMENT NOW [56]