Credit Dr. has several clients who we have transitioned to the Consumer Financial Protection Bureau. From what we've been able to determine, this can be a very effective process in resolving errors that continue to show up on your credit report. However, it is very helpful in such cases to "build a body of work" - a.k.a. the "paper trail" or "evidence". This "body of work" will be presented to either the Attorney General, the CFPB, the Consumer Watchdog Group, the FTC or what ever agency would be best suited to investigate Fair Credit Reporting violations.
I know it's tedious, folks. To do it properly, you have to communicate with the bureaus this way. I would never encourage anyone to electronically dispute anything. We have to force the bureaus to review the validation request, we have to force them to respond in the mail, and we have to hold them accountable for their actions.
You can do it... you just have to choose to commit to it or hire someone like us to do it on your behalf.
Ed-Jack Dvorak is National Affiliate Liaison at Credit Dr., a national credit restoration company. He works with clients and creditors to improve credit profiles.