Credit repair success requires an intimate knowledge of the Fair Credit Reporting Act (FCRA). The FCRA provides a roadmap of operational guidelines for the credit bureaus, and it is an understanding of these guidelines that make any credit repair effort fruitful. The vast majority of credit repair disputes submitted to the credit bureaus are processed, but as your credit repair efforts continue you are likely to encounter a “frivolous letter” in spite of the clarity and completeness of your dispute. “Frivolous letters” are rejection letters which inform you that a dispute has not been processed. The credit bureaus are allowed to reject disputes under Section 611, but they often use this clause as a way to reduce their work load.
The Credit Bureaus Relief Valve
Specifically Section 611 (a) (3) states that : “A consumer reporting agency may terminate a reinvestigation of information disputed by a consumer under that paragraph if the agency reasonably determines that the dispute by the consumer is frivolous or irrelevant, including by reason of a failure by a consumer to provide sufficient information to investigate the disputed information.” There is nothing wrong with the law as it is. The problem lies in its abuse, but it is not insurmountable.
Credit Repair Requires Diligence
Receiving a “frivolous letter” can be frustrating. Especially when you have provided everything required to satisfy the credit bureau requirements. But there is little point in getting flustered. Credit repair requires diligence. You must have the patience to continue to work with the system in spite of its imperfections. Your patience will pay off.
For Our Credit Repair Customers
If you get a “frivolous letter” from one of the credit bureaus, just send it to us as soon as possible. When we receive it we will respond immediately with the language designed to produce the desired results. It’s all part of the credit repair process.