Credit Bureaus Did Not Respond Within 30 Days | How to Write the Next Le...

Today we're talking about what to do when the credit bureaus do not respond within 30 days and how to write the next dispute letter without receiving a response in the mail of "verified", "updated", "deleted", or "rejected". While this can be very confusing, we can get everything we need (except for "rejected") from the credit report, and THAT is the beauty of factual disputes! You can learn more about this process at https://vault.my740.com. Q. Do we have to wait for the credit bureaus to send a response before sending in another dispute letter? A. Absolutely not! If you wait, you might end up never sending in another dispute letter again! You would create letter 1, wait a few days to account for mail sending, count 30 days, pull a new report, check for deletions/results and new information, and then rinse and repeat. Q. If the credit bureaus do not respond within 30 days, doesn't this mean they have to remove all of the disputed accounts? A. If you want to get technical, YES. However, their system will say they DID respond. Going after this route is really never a good idea because it comes down to he-said, she-said. You said they didn't, their system automatically states it did. Who do you think the courts will listen to? More than likely a huge corporation, right? Right. It's a waste of time to spend anymore than 1 round of disputes stating they need to remove the accounts from your credit report for failure to respond. 🔮 SUBSCRIBE TO MY CHANNEL 🔮 https://www.youtube.com/c/ExpertCreditSweeps?sub_confirmation=1 ✨ Check out all 3 credit reports and scores with the same credit monitoring I show in my videos and use for my clients with IdentityIQ: ✨ https://member.identityiq.com/help-you-to-save-money.aspx?offercode=431134PT 🧙‍♀️ GET HELP WITH YOUR CREDIT JOURNEY DIY awesome free tools, tutorials and downloads - https://vault.my740.com 🦸‍♀️ DFY credit sweep service free consultation 🦸‍♀️ https://my740.com Let's jump on a call and see if I can help! ⭐️ VIDEO NOTES We're doing a video based on a comment submitted by someone either today or yesterday, where they said, Kristin, I need your help. I submitted to speech at the end of November. And the only one that I heard back from was trans union. I sent in handwritten dispute, what do I do? I'm at a loss. Well, you can't be the only one that is asking this question. And that is totally confused about the process. And we're going to go over the beauty of factual basis Buttes right now, you see, we don't care about what the bureaus do or don't do or say, or don't see, it's about what we do, how consistent we are, the disputes that we put out, the dispute reasons we use, right? Because the bureaus are only going to come back and say, one of like four things deleted, updated, verified, rejected. The only one that we care about to receive in the mail or however we are receiving our responses is rejected. Why do we care about rejected? Well, it normally means that you are not going to be able to continue disputing and less you fix whatever it is that they're saying that you didn't do, right? You didn't send in your identification. You didn't submit this. You didn't submit this proof. You didn't do whatever it was. That's the only one we care about because the beauty of factual based disputes is that we take all of our information directly from the credit report, the dates, the balances, violations, challenges, all of this information comes from the credit report. So I tell my clients all the time, you probably won't receive anything in the mail. And this goes back for the last two years from the beginning of COVID because the bureaus are receiving like millions of disputes per month per bureau, versus like the 150 to 180,000 disputes that they were getting. Right? So here's the deal. And I am going to post the link down in the description to this, but the other day, the CFPB came out with an article that said that basically between what was it, January and September, 2021, the bureaus only responded to 2% of the 700,000 complaints that were submitted 2% of 700,000 complaints. So if this is them not responding to a government agency, that was like totally untouchable before Trump. And no, we're not talking about politics here. We're talking about the S the CFPB and the fact that nobody could touch them. They do whatever the heck they want to do. Then how often do you think just mathematically, maybe just throw out a number of year. How often do you think that they are responding to dispute submitted by consumers that are not even going through a government agency? Probably not that many. Right? So that's why you want to utilize a process where you're not waiting for their responses to get to you.