I am the friend that sent the original question to cinnamngrl. I used your recommendations and here is what had happened...
A letter was written to Equifax (actually the CEO) see below…
I had recently disputed the above referenced account on my Equifax credit file recently and asked specifically what was the method of verification (letter enclosed). The response from your company was the payments were verified electronically from the furnisher.
The information I had supplied along with the letter of the method of verification was documentation that Advanta Bank was closed down by the FDIC back in March of 2010. If in fact that is the case then the alleged furnisher supplying the information on my credit file is providing the information to you illegally.
I request that the information that is provided to you on this account be removed from my credit file as I am sure Equifax would be diligent in making sure that the information being reported on credit files are being reported legally.
Thank you in advance to your immediate attention to this matter,
Their response was this…
The method of investigation used to verify account information is Automated Consumer Dispute Verification (ACDV), via e-Oscar®. This method is approved by the FTC for all CRA’s to verify and update consumer credit report data. This automated system meets all regulatory requirements stipulated in Section 611(a)(5)(D) of the Fair Credit Reporting Act (FCRA).
Contact information, were reasonable available, for each creditor/reporting entity is provided on your credit report. Verification of a debt must be provided to you by the creditor or collection agency. Should you obtain documentation directly from the reporting entity that support any inaccuracies, please forward same to my attention for review and action. For your convenience you may fax the document to 404-885-8346.
Thank you for contacting our office and brining this matter to our attention.
Office of Executive Consumer Services
Equifax Credit Information, LLC
The actual company that is servicing the business credit card account is CardWorks Servicing. Their information is nowhere listed on the credit file.
This account was initiated under a different address. The request to remove old addresses was not done first. Should that be done next and if so, when should this letter be sent out to the CRA’s?