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e-OSCAR
is a web-based, Metro 2 compliant, automated system that enables Data
Furnishers (DFs),
and Credit Reporting Agencies
(CRAs) to create and respond to consumer credit history disputes. CRAs
include Equifax, Experian, Innovis and TransUnion, their affiliates or
Independent Credit Bureaus and Mortgage Reporting Companies. e-OSCAR
also provides for DFs to send "out-of-cycle" credit history updates to
CRAs.
The system
primarily supports Automated Credit
Dispute Verification
(ACDV) and Automated Universal Dataform
(AUD) processing as well as a number of related processes that handle
registration, subscriber code management and reporting.
ACDVs initiated
by a CRA on behalf of a consumer are routed to the appropriate Data
Furnisher based on the CRA and subscriber code affiliations indicated
by the DF. The ACDV is returned to the initiating CRA with updated
information (if any) relating to the consumer's credit history. If an
account is modified or deleted, carbon copies are sent to each CRA with
whom the DF has a reporting relationship.
AUDs are
initiated by the DF to process out-of-cycle credit history updates. The
system is used to create the AUD and route it to the appropriate CRA(s)
based on subscriber codes specified by the DF in the AUD record. The
e-OSCAR AUD process is intended to provide the CRA with a correction to
a consumer's file that must be handled outside of the regular activity
reporting cycle process. e-OSCAR may not be used to add or create a
record on a consumer's file or as substitute for "in-cycle" reporting
to the CRAs.
Questions?
Call the e-OSCAR Help Desk at (866) MY OSCAR or (866) 696-7227.
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