"What is a furnisher of information to my credit report?"



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A furnisher is the company that furnishes — provides — your credit information to the credit reporting agencies.

Examples — Capital One, Midland Funding, Ocwen, Wells Fargo, etc. Could be a debt collector or original creditor.

If you have false information it is fine to dispute directly to the furnisher but under the FCRA (Fair Credit Reporting Act) you also must dispute through the credit reporting agencies.

Credit reporting agencies are folks like Equifax, Experian, TransUnion, etc.

Normally, only when the reporting agency gets your dispute, sends it to the furnisher, and the false information is not corrected do you have the right to sue the furnisher for false information.

(It is possible to sue directly under the FDCPA — Fair Debt Collection Practices Act when you are dealing with a debt collector who does false credit reporting).

Hope this helps — if you like these types of videos subscribe to our channel.

Best wishes!

John

John G. Watts
Watts & Herring, LLC
Serving consumers across Alabama
205-879-2447

“No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers.” Our free weekly webinar is here — — on Thursday we’ll be talking about some of the new FDCPA rules. Join us if you can!

“No representation is made that the quality of the legal services to be performed is greater than the quality of legal services performed by other lawyers.”

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how do i dispute information on my credit report

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1 Response

  1. Hamad Ali says:

    Hi,
    Good day, John sir,
    I was watching your previous videos.
    How we can determine who is the furnisher whether it is the original creditor or debt collector?
    Regards
    Hamad

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