[net.consumers] trouble with trw

loco@ttidcb.UUCP (CM Dev. Group ) (07/17/85)

during my poor college years i had a few problems with money. since
then i've paid off all debts, a few had gone into collection. i
was turned down	for a SMALL loan recently and requested	my credit
report from trw, lo and	behold the accounts that had gone into
collection but were PAID since still showed up as negative. i called
trw and	they said only the company that	reported the debt can have
it removed from	the report. HELP!!


		    any	suggestions would be appreciated

			bob peterson

{randvax || philabs}!ttidca!ttidcb!peterson

ark@alice.UUCP (Andrew Koenig) (07/18/85)

> during my poor college years i had a few problems with money. since
> then i've paid off all debts, a few had gone into collection. i
> was turned down	for a SMALL loan recently and requested	my credit
> report from trw, lo and	behold the accounts that had gone into
> collection but were PAID since still showed up as negative. i called
> trw and	they said only the company that	reported the debt can have
> it removed from	the report. HELP!!

It is true that only the company that reported the debt can have it
removed from your report.  However:

	1. If you tell TRW you paid the debt, they are required to
	   try to contact the company and verify your claim.  If they
	   succeed, they will remove the item.

	2. If they can't get verification, you are allowed to enter
	   a statement of your own as to what happened; they must
	   give this statement to everyone to whom they give a report
	   on you.