by consolidating all dispute data on one screen so duplicates, repeating and frivolous disputes can be easily identified, and the appropriate action can be taken.
Compliance
Sonnet helps data furnishers meet Consumer Financial Protection Bureau (CFPB) regulations for demonstrating a “reasonable investigation” and responding to each dispute within 30 days. The system includes response time monitoring and requires dispute images to be viewed before an investigation can be completed. Sonnet also uses the Metro 2Ⓡ reporting format, so data furnishers can maintain compliance with the Fair Credit Reporting Act (FCRA).
- Customizable rules based on your policies and procedures
- Email notifications for pending deadlines
- Enhanced reporting/trending analytics for data accuracy, dispute codes, responses codes, creditors, and consumers
Integrate Sonnet with your e-OSCAR dispute workflows to increase productivity, maintain compliance, and ultimately, achieve faster resolution.