What monetary penalty does the speaker cite for failure to act on a dispute?

Charles NoonanPresident, Landbank University · Real Estate Developer & Instructor

Fix Your Credit: Dispute Letters That Get Results!

9 Jul 2025 · 1 min

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A speaker advises writing dispute letters that appeal to the reader’s humanity while invoking consumer law and case law to compel recipients to review credit-report errors. The speaker frames the dispute as urgent (e.g., preventing home purchase) and warns that noncompliance can trigger statutory damages, cited here as $1,000 per violation.

Questions this video answers

$1,000 per violation.

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So I negate all of that. Right. I want to make sure that your dispute letter reaches somebody so that they can read your situation. And nine times out of 10, if you're a human, you have human connection. So you're going to read my dispute letter and you're going to see what's going on. And I'm using consumer law, I'm using case law, telling you, hey, if you break the law, this is what's going to happen. I'm in a situation. I'm trying to find a home. This is preventing me from getting a home. X, Y, and Z. Now, that person has to actually read it. And if they do not do anything about it, which nine times out of 10, they will, then more than likely they're going to face the consequences of paying you $1,000 per violation.