The Fair Credit Reporting Act does not care whether the negative account is valid or not. The letters dispute the Credit Reporting Agencies’ right to REPORT the adverse account – NOT whether or not the adverse account is valid.
Credit history determines more than just the interest rate you get on home mortgages, car loans, and credit cards.
Get Bad Marks Off Your Credit!
You can get errors taken off your credit report by writing to the Credit Bureaus. By law, the bureaus need to follow-up with the inquiry to further investigate your case.