The Motley Fool Discussion Boards
Personal Finances / Living Below Your Means
|Subject: Re: Consumer Issues||Date: 12/12/2012 10:16 AM|
|Author: Jacketfan||Number: 869520 of 897030|
What responsibility do the bureaus have to mediate or remove these spurious negative (but potentially false) entries?
None, unfortunately. The key is "potentially false." If you can prove the entry IS false, they have to remove it or face punative damages. However, the burden is entirely on you to do the proving.
This is one of Clark Howard's hot buttons...or item he's always harping on. I think he may be the only guy in media who doesn't really have "hot" buttons.
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