Today we're talking about getting around the credit bureaus' OCR scanner system for credit dispute letters as well as ANOTHER reason why you don't want to use dispute letter templates like the 609 letters! Head over to https://vault.my740.com to learn more or to https://liveletter.ask-kristin.com for the dispute letter generator and have a happy new year!
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âď¸ Video notes:
You know what tomorrow is? It's
the beginning of a new year. You know what that means? Well,
today we're talking about getting around OCR and this is a
dispute or a knockout round. Now you hear me tell you all the
time don't use tablets, use factual based disputes, but do
you understand that there's actual science that goes into
this? Well, this stuff is taken directly from the credit bureau
training materials, and guess what it's tells you exactly how
their process works? Because a lot of people think that there's
just a bunch of people sitting around a table, opening up
envelopes. No, there's no humans and what your intention needs to
be used to get to a human. Okay. So here's the deal. We're going
to go over the process. So whether or not a dispute uses
code crafting, another thing that you need to know about is
how to get to a human being. Okay? You don't want your letter
just converted into, you know, E Oscar and to go over to the
data furnisher which mostly happens, but with templates
happens a hundred percent of the time. Okay. So here's the deal.
A letter is received by the credit bureaus, obviously,
right? The letter opener machine takes a letter out of the
envelope. There's no people sitting around opening
envelopes. Okay. A conveyor feeds a document into the
scanner with the envelope. The scanner captures the image of
the letter and the envelope. OCR technology is initiated to
capture all the text of the letter. And obviously it's
either going to be successful or unsuccessful, right? If it can
extract all the texts, the letters compared to existing
letters, pause right there. What does this mean? It means that
the bureaus have millions and millions and millions of letters
in these massive databases. And they're comparing your letter to
your past letters as well as to all the letters in their massive
databases. And they're looking to see if the letter has been
received before, and if it is it's automatically verified. And
so when you're sending letters that look like this, please
verify and validate all of these accounts, every notation
balances and whether posted or not. Please give me the, you
know, this on the third unverified and verified and
verified. If you're using the same stuff over and over and
over again, what do you think is going to happen? Okay. So now,
if the letter is found to be a form letter or a template, the
CRA can deem it frivolous. Okay. If the text is unique enough to
disputes contained within the letter are then automatically
captured by the computer and categorized in their internal
system. After the capture of the disputed information that
completed the internal system will initiate an investigation
via E Oscar. Okay. The distribute is then transferred
to the data furnished electronically, and the
computers can read and interpret the letter.