You Have the Right to Dispute Inaccurate Information
The Fair Credit Reporting Act allows you the right to dispute inaccurate and incomplete
information that appears on your credit report.
You will need to examine your credit report from each of the three major credit bureaus,
Transunion, Equifax and Experian.
You can request a copy of your credit report from each bureau directly or go to
www.annualcreditreport.com.
information that appears on your credit report.
You will need to examine your credit report from each of the three major credit bureaus,
Transunion, Equifax and Experian.
You can request a copy of your credit report from each bureau directly or go to
www.annualcreditreport.com.
Determine which negative items you
will be disputing.
Once you have reviewed your credit
report, it is time to submit your
disputes.
The easiest way to dispute inaccurate
information on your credit report is
online. The credit reporting agencies
should have a link on their web site
for you to submit your dispute.
Usually within 45 days, you will
receive a response either by email or
by written letter notifying you of any
negative items that have been
removed or that the items have been
will be disputing.
Once you have reviewed your credit
report, it is time to submit your
disputes.
The easiest way to dispute inaccurate
information on your credit report is
online. The credit reporting agencies
should have a link on their web site
for you to submit your dispute.
Usually within 45 days, you will
receive a response either by email or
by written letter notifying you of any
negative items that have been
removed or that the items have been
verified as accurate.
If some negative items were not removed and you do not agree with their determination,
you will have to take a few extra steps if you want your dispute to be reconsidered.
You will need to call the credit-reporting agency and ask the representative what was the
method of verification.
If the representative tells you that they used a third party verification service or that they
verified the information through the original creditor, ask for the name and phone number of
the person or company that provided the information.
Contact the third party verification service or the creditor and ask for physical verification of
your account.
They will most likely not be able to produce such proof because many times the
records are turned over to the collection agency.
Always ask for the name of the person that you are speaking with, their direct phone
number or extension, the name of their supervisor and the supervisors direct phone number
and extension.
KEEP GOOD DOCUMENTATION.
If the creditor happens to send you proof, review the documentation carefully. If the records
are not conclusive, contact the credit-reporting agency and explain that the creditor has no
records available.
Request to the credit-reporting agency that they open a new credit dispute file. Provide
them with the name and phone number of the person to whom you spoke with.
They will give you a new investigation number.
Again, you must KEEP GOOD DOCUMENTATION.
Allow the credit reporting agency another 30 days to get back to you regarding your new
dispute.
If the credit-reporting agency refuses to cooperate, you’re going to have to get tough.
Inform them that you will sue for willful non-compliance under the Fair Credit Reporting Act.
If they continue to refuse, submit your request Certified Mail-Return Receipt Requested
along with an intent to sue letter.
If you have written proof that the negative item is invalid, submit the documentation to the
credit-reporting agency and demand that the negative item be removed immediately.
Be sure to send this request Certified Mail–Return Receipt Requested.
Credit reporting agencies and creditors can be very stubborn. Some believe that they can
use their enormous corporate size to intimidate and push consumers around.
If you find yourself in such a situation, we recommend that you hire a reputable
credit repair company.
You have the right to dispute negative items on your credit report. Do not allow yourself to
be intimidated.
If some negative items were not removed and you do not agree with their determination,
you will have to take a few extra steps if you want your dispute to be reconsidered.
You will need to call the credit-reporting agency and ask the representative what was the
method of verification.
If the representative tells you that they used a third party verification service or that they
verified the information through the original creditor, ask for the name and phone number of
the person or company that provided the information.
Contact the third party verification service or the creditor and ask for physical verification of
your account.
They will most likely not be able to produce such proof because many times the
records are turned over to the collection agency.
Always ask for the name of the person that you are speaking with, their direct phone
number or extension, the name of their supervisor and the supervisors direct phone number
and extension.
KEEP GOOD DOCUMENTATION.
If the creditor happens to send you proof, review the documentation carefully. If the records
are not conclusive, contact the credit-reporting agency and explain that the creditor has no
records available.
Request to the credit-reporting agency that they open a new credit dispute file. Provide
them with the name and phone number of the person to whom you spoke with.
They will give you a new investigation number.
Again, you must KEEP GOOD DOCUMENTATION.
Allow the credit reporting agency another 30 days to get back to you regarding your new
dispute.
If the credit-reporting agency refuses to cooperate, you’re going to have to get tough.
Inform them that you will sue for willful non-compliance under the Fair Credit Reporting Act.
If they continue to refuse, submit your request Certified Mail-Return Receipt Requested
along with an intent to sue letter.
If you have written proof that the negative item is invalid, submit the documentation to the
credit-reporting agency and demand that the negative item be removed immediately.
Be sure to send this request Certified Mail–Return Receipt Requested.
Credit reporting agencies and creditors can be very stubborn. Some believe that they can
use their enormous corporate size to intimidate and push consumers around.
If you find yourself in such a situation, we recommend that you hire a reputable
credit repair company.
You have the right to dispute negative items on your credit report. Do not allow yourself to
be intimidated.
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