Premium Only Content

Reasonableness for Dispute Procedures
The video highlights how the Metro 2 industry standard aids in disputing inaccuracies on credit reports under the Fair Credit Reporting Act (FCRA), focusing on the "reasonableness" requirement for dispute procedures. The FCRA mandates that consumer reporting agencies (CRAs) not only maintain reasonable procedures for maximum possible accuracy (as seen in prior discussions) but also conduct reasonable reinvestigations when consumers dispute information. This is outlined in FCRA Section 1681i, the most commonly used dispute pathway, which requires CRAs to reasonably reinvestigate reported errors. The term "reasonable" appears four times in this section, emphasizing its importance.
Metro 2, as an industry standard created and adopted by the credit bureaus, provides a concrete framework for assessing accuracy and identifying errors in credit reports. When disputing inaccuracies, understanding Metro 2 allows consumers to pinpoint deviations from this standard and clearly notify CRAs of specific errors. The video advises against vague disputes or legal accusations (unless one is legally qualified) and instead recommends using Metro 2 to highlight discrepancies. If the CRA fails to correct or delete the erroneous data after being notified, it becomes easier to argue that their reinvestigation procedures were not reasonable, strengthening a case for noncompliance. This approach simplifies the process of reading credit reports, finding errors, and drafting effective dispute letters to CRAs.
-
33:20
SB Mowing
9 days agoHealth Struggles + Endless Rain = A Yard Out of Control
10.2K18 -
1:09:42
Mike Rowe
4 days agoHow Did THIS Dirty Job Make Tommy Mello A Billionaire?! | #447 | The Way I Heard It
67.9K20 -
SpartakusLIVE
10 hours agoThe BADDEST Duo in WZ Exhibits PEAK Physique || Duos w/ Sophiesnazz to start, quads later
165K1 -
2:49:37
RattlesnakeTV
21 hours ago $0.29 earnedLIVE DEBATE! Lord Jake vs Crazy Feminist
27K12 -
4:00:42
Badlands Media
13 hours agoThe Narrative Ep. 35: Codex of Truth
92.9K45 -
3:55:56
Due Dissidence
16 hours agoSchmuley TRASHES Shapiro, Maxwell Sings For Pardon, Uhuru Doc Preview - Live From St. Louis!
48.3K45 -
LIVE
Lofi Girl
2 years agolofi hip hop radio 📚 - beats to relax/study to
413 watching -
2:23:21
PandaSub2000
5 days agoMadison VR (Part 4) | PSVR 2000 (Original Live Version)
27.5K2 -
2:34:32
Badlands Media
5 days agoCODEX 9/11
309K266 -
1:53:43
Nerdrotic
10 hours ago $0.36 earnedMysteries of 3I/ATLAS | Forbidden Frontier #113
62.9K5