When you check your credit report, you may see an entry from Rosenthal Morgan and Thomas, a company which may well be damaging your credit health. Be it due to an error, misunderstanding, or expired debt, you have the right to contest any account in collection that is wrong. This article explains how you can proceed with the process of removing this entry from your credit report by following the strategies that will ascertain the accuracy of your credit report to state your financial reality.
CreditSage specializes in the full service of the dispute process for clients. They seek to help the individuals with the removal of wrong information from the credit reports so as to raise their overall credit health. In this article, we will show how to lodge a Dispute against Rosenthal Morgan and Thomas from your credit report towards maintaining accuracy within your records.
Information About Rosenthal Morgan and Thomas on Your Credit Report
Before starting on your disputes, it's essential to have an idea of who Rosenthal Morgan and Thomas are and why such a name could appear in your credit report. Rosenthal Morgan and Thomas is a collections agency usually involved in the collection field when items are sent to debt collections. They are often employed to collect past-due balances from debtors, on behalf of the creditors. When a debt is sent to collections, the company that owns the debt relays the information to the credit bureaus, leaving you with a negative mark on your credit report.
If you see Rosenthal Morgan and Thomas on your credit report, it is probably because one of your debts has been placed or sold to them for collection. However, not everything that comes on your credit report is accurate. Some mistakes may be made during reporting. Subsequently, these mistakes could range from outdated information, to due amounts, as well as debts that don't belong to you. Hence, it is very much important to scrutinize any entry regarding Rosenthal Morgan and Thomas for their aptness.
Common Problems in Correlation to Rosenthal Morgan and Thomas Entries
Whenever it comes to Rosenthal Morgan and Thomas being featured on your credit report, there are a number of certain, common reasons that could be put forward as to how that account could be incorrect. Knowing what exactly is wrong is the first step towards lodging a proper dispute. Below are some of the most common reasons of the dispute:
Outdated Information
Collection accounts have a lifespan, so they should no longer reflect on your credit report after seven years. Any debts older than this should have been removed. If Rosenthal Morgan and Thomas is reporting on a debt that is older than seven years, it could be inaccurate and could be removed.
Incorrect Account Information
Errors in the reporting of account details, such as the balance and account number, are also typically normal. If the balance reported is more than what you owe or the account, although having been paid off, still shows the balance as outstanding, it’s important to dispute it.
Debts You Didn't Incur
On some occasions, collection agencies report debts that don't belong to you. If your name is similar to that of another debtor or if there has been a glitch in the reporting process, or if there is an errant entry, then the collection agency will start pursuing you. If the debt in question does not belong to you, you should make sure that you dispute it and have it removed from your credit report.
Failure to Validate Debt
Under the Fair Debt Collection Practices Act (FDCPA), collection agencies must prove that they have the right to collect the amount owed. If Rosenthal Morgan and Thomas cannot adequately validate the debt, you are free to challenge the entry and have it withdrawn.
Understanding these common errors allows you to know why Rosenthal Morgan and Thomas appear on a credit report. After determining what is wrong, you can start the dispute on this erroneous information.
Disputing the Entry and Having Rosenthal Morgan and Thomas Removed from Your Credit Report
CreditSage specializes in managing disputes for its clients. In the event that you spot any errors related to Rosenthal Morgan and Thomas stated in your credit report, the steps that you can take in challenging them include the following:
Get Your Credit Report
The first step is to get a copy of your credit report from the three major credit bureaus (Equifax, Experian, and TransUnion). You are entitled to a free copy of your credit report from each of the bureaus once every year under AnnualCreditReport.com. Check through the entries on it to verify whether Rosenthal Morgan and Thomas appear on any of them.
Get the Documents
After you have found that there is an error, you should gather documentation to support your claim. This can include receipts for paid balances, letters from the creditor, or bank statements showing that the debt was settled. If the entry on this account has indicated it has grown old or there is a mistake regarding the amount reported, gather the necessary evidence to support your case.
Initiate Dispute
You are free to challenge the erroneous entries directly with the different credit bureaus. Each bureau has a portal for you to initiate the dispute. You need to specify any entry in dispute, such as the collection by Rosenthal Morgan and Thomas or any other relevant account and to support your demand with relevant documents.
Notify Rosenthal Morgan and Thomas
Besides disputing with the credit bureaus, it is wise to contact Rosenthal Morgan and Thomas directly. They must conduct a meaningful investigation of your dispute and verify the information they submitted. If they do not validate it, then they have to remove all indications of that debt from your credit report.
Wait for Resolution
After submitting the dispute, the credit bureaus and Rosenthal Morgan and Thomas will have 30 days to investigate your claim and respond. The credit bureaus will notify you of their determinations, and Rosenthal Morgan and Thomas will either confirm the debt or remove it from your credit file.
CreditSage in Charge
The guideline used in employing the services of CreditSage implies that errors arising while disputing through the help of claim companies may not necessarily be easier nor less time-consuming. This is where CreditSage comes in. We do the heavy lifting, working the entire dispute process for you to ensure that any erroneous entries related to Rosenthal Morgan and Thomas are resolved in a timely manner. At CreditSage, the trained professionals are well-versed in credit reporting laws—the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These laws protect one from wrongful reporting, and because of our experience, we can take advantage of these protections in your favor.
By hiring CreditSage, you can rest assured knowing we will do all our communication with credit bureaus and collection agencies. We will ensure that your dispute is filed right and in a timely manner and will follow up for you with the credit bureaus and Rosenthal Morgan and Thomas to ensure a complete investigation. In our inquiry, should we come up with the fact that either the collection agency is unable to validate or that the entry is unverifiable on the credit report, we will work on getting it removed from your report. It saves you those important hours and puts the effort into ensuring that the report is given the right sort of report in the first instance.
What to Do If Your Dispute Is Not Resolved?
Sometimes, disputes can be complicated or prolonged even with the greatest efforts. When this occurs with Rosenthal Morgan and Thomas, there are several things you can pursue further.
File a Complaint with the CFPB
The first suggestion for someone dissatisfied with how their dispute was processed is to lodge a complaint with the CFPB. This government agency oversees credit bureaus and collection agencies, assisting with dispute settlement.
Consult with an Attorney
At times, writing an attorney for credit reporting matters may be appropriate. A lawyer should provide general guidance about your legal rights and will take further action whenever he or she thinks necessary.
Keep Following Up with Your Credit Report
Thus, it is very important to keep monitoring the credit report after filing a dispute. If it turns out that the negative entry from Rosenthal Morgan and Thomas was repopulated, you can continue disputing it or contact CreditSage for assistance. Continuous vigilance will help ensure that your credit report is as close to being true as possible.
You still possess rights under the FCRA and FDCPA to remedy your credit report difficulties, including entries from Rosenthal Morgan and Thomas. To conclude, it is very crucial to eliminate errors from your credit report, including entries from Rosenthal Morgan and Thomas, in order to maintain the health of one's credit. This will allow the dispute process to run relatively smoothly, with the help of CreditSage. The inaccuracies disputed could very well clear the path for your credit health and improve your financial management.