If you receive a supplement stating account can not be verified due to Hippa Laws, the lenders are unable to receive any information, including creditor name or contact number. The Hippa Law protects the borrowers' right to privacy concerning their medical accounts. The credit bureau suppresses all the information concerning that account and will not release it to any third party.
If you need to proceed, the borrower will have to contact the credit bureau directly. The bureau will then release the creditor and contact information directly to the borrower. The lenders are not able to contact the bureaus on behalf of the borrower. The contact numbers for the bureaus are below; they will be able to reach a live person at these numbers. You can determine which bureau is suppressing the information on the supplement. The bureau will be listed to the right of the tradeline.
Equifax 404-885-8000
Transunion 800-916-8800
Experian 714-830-7000
I hope this helps you understand this better.
Sam Thompson - PHH Mortgage Advisor. We have a credit team that works with our processors and clients on getting our loans closed! Call us and let us help you.
www.activerain.com./luckydog1 - SC
www.activerain.com/luckydog2 - NC
http://samthompson.phhmortgage.com/
Great Pinehurst Links:
Pinehurst Real Estate - www.pinehurstrealestatenc.com
Pinehurst Luxury Homes - www.pinehurstluxuryhomesnc.com
North Carolina Horse Farms - www.southernpineshorsefarmsnc.com
Fort Bragg Real Estate - www.fortbragghomesnc.com
