FCRA Case Decision: Equifax Date of Last Activity Field
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- Опубликовано: 5 сен 2024
- We cover the 7th Circuit Case of Gillespie v Equifax, 484 F.3d 938 (7th Cir. 2007) which can be found at: scholar.google...
This is still an important decision as you see the court wrestle with a bureau's changing meaning of a field -- the Date of Last Activity. The court looked at the Fair Credit Reporting Act (FCRA) to reach its decision against Equifax.
The court was NOT impressed with how Equifax tried to argue that its reporting was clear when it was certainly not....
Hope you enjoy!
John
John G. Watts
Watts & Herring, LLC
Representing consumers across Alabama
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www.alabamacon...
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"No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers."
Thank you so much. Consumers are lucky to have you there fighting for them.
I disputed an old charge off on my Transunion. The date of last activity updated to three days ago and cause a 57 point drop on my FICO. The inaccuracies never been corrected.
Reach out to me directly at www.alabamaconsumer.com/contact-us/
and let me know exactly what happened. That does not seem correct.
Also explain to me what the inaccuracies are...
Thanks!
John
Illegal re-aging of debt.
Thank you, Equifax did NOT clean this up they are still doing this!
Welcome -- what exactly are you seeing? Thanks for sharing your updates....
@@johngwatts the last date of activity shows when I recently disputed, thus reaging the account. Can I send my report from last year and my report from this year to the credit bureaus because the date the item was supposed to come off has changed and moved further away
@@TorreyAshanti "the last date of activity shows when I recently disputed, thus reaging the account. " This also happened to me when I disputed thru Credit Karma in Nov 2020.
The 'investigation' resulted in a Vantage score drop of 122 points! I'm in Fla and wondering if an attorney would be interested in the details?
@@robertfriend9007 same at this point I do believe I can sue and win
Another great video, this is one of the biggest questions I had when I was struggling with this several years ago.
Allen -- glad to hear it and thanks for watching and commenting!
John
Great job of plainly clarifying a frequent area a cloudiness. Well done.
Very informative
Thank you!
I love to rewatch your videos excellent
Thank you!!
I know, Y'all only work in Alabama . I can surely use y'all here in texas
Very clear and concise video. I got Chapter 7 bankruptcy on my credit report. Was able to removed it from Equifax but I am having difficulty with Experian and Transunion. Transunion is using LCI as it data furnisher. what is funny about that is that LCI does not allowed me to dispute instead they make go in circle by referring me back to Transunion. I think there might be some loophole LCI figure to go around and furnish information without being responsible for any dispute. Now Experian got the address and phone wrong for the court. Non of those contact information are related to the court. I am now preparing to dispute based on that. Any suggestion or can you make a video about Bankruptcy reporting and middle man data furnisher and FCRA govern those.
Sometimes what is described as a vender/furnisher is a bit fuzzy as mentioned in the case.
With TransUnion just like Experian I would look for specific errors. We cover this in lesson three of our webinar series on how to fix your credit report errors -- if you are interested let me know and I'll send you the links to the sessions and the tools. Its free.
www.alabamaconsumer.com/contact-us/
John Watts
Great video! You answered a question I had before I asked it.
:). Welcome!
How could they have a 7 year stretch if each state have their own statue of limitations. Nebraska is 5 years...how does that work...?
As always great info and thank you very much! I have a question please. Original Creditor is on the report, but Debt Collector trying to collect alleged debt. When you dispute the debt with D.C. can O.C. sue you meanwhile? Thank you.
Thanks for the kind words! Yes an original creditor could sue but I've not seen a dispute to the debt collector trigger it. Generally they are going to sue or not sue regardless of what you do with collector (other than paying collector).
Hope that helps!
John
Wow this is crazy you help me out so much.
Ty for video. My question is so can I dispute dola if 2 beuras say dola jam 2021 and one says feb 2016?
They don’t investigate
What happen when the date of first major delinquency keeps changing?
That's not supposed to happen. What's the context? Which bureau? What account? What are the changing dates?
I would like to see that -- feel free to email to me at john [at] wattsherring.com or www.alabamaconsumer.com/contact-us/
Thanks!
John
@@johngwatts I called your office to seek your help. It's a charged off account from 2017 that was sold to a collection company in 2018. The orginal creditor updated in Dec 2020 which dropped my credit score 16 points. I called Equifax and found out the delinquency first reported was updated to December 2020. The DOLA is 2017 as well.
How long does child support stay on ?
Credit Acceptance repossessed my vehicle in Sept 2019, and adds interest to the amount past due each month, and updates the date of last activity each time they add interest. Is that allowed?
Good question. I am no expert by any means but I was under the clear impression it was * YOUR * last activity not their's.