What is debt validation and how does it work?
An example of an AI chatbot conversation about debt validation and consumer rights.
What is debt validation and how does it work?
Debt validation is the process where a consumer requests proof of a debt from a creditor. It ensures that the debt is legitimate.
Why should I request debt validation?
Requesting debt validation helps protect you from paying debts that may not be yours or are incorrectly reported.
How do I request debt validation?
You can request debt validation by sending a written request to the creditor within 30 days of their initial contact.
What happens if the creditor can't validate the debt?
If the creditor cannot validate the debt, they must cease collection efforts and remove the debt from your credit report.
Are there any fees associated with debt validation?
No, requesting debt validation is free. You should not be charged for verifying a debt.
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