Process Terms
e-OSCAR: Definition
The industry system for processing credit disputes electronically.
Definition
e-OSCAR (Online Solution for Complete and Accurate Reporting) is the web-based system used by data furnishers to respond to consumer disputes forwarded by credit bureaus. It streamlines the dispute investigation process and ensures proper documentation of responses.
Usage Notes
- Web-based dispute response system
- Used by all three major bureaus
- Requires registration and credentialing
Related Terms
More Process Terms
Dispute
A consumer's challenge to the accuracy of reported information.
ACDV (Automated Consumer Dispute Verification)
The system used by bureaus to process consumer disputes.
File Submission
The process of sending Metro 2 data to credit bureaus.
Credit Report
A detailed report of a consumer's credit history.
Credit Score
A numerical representation of creditworthiness.
Tradeline
A record of a single credit account on a credit report.
Soft Inquiry
A credit check that doesn't affect credit scores.
Hard Inquiry
A credit check that may affect credit scores.
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