Credit Report Dispute

Credit Report Dispute-Know How

The credit report dispute letter is the main avenue to raise credit scores. Don't be fooled by Credit Repair Services who promise you free dispute letters, because there just isn't a standard, one-letter-fits-all. If you are serious about credit report repair, learn how to prepare this letter.

Get Your Credit Reports Along With The Scores.

If your desire is to learn how to fix credit, the best way to accomplish this is with a thorough examination of your credit reports. You need all three because the major Credit Reporting Agencies will score your history differently. If you contact the Big 3 for your credit report, make sure you purchase the scores too. That's right. You need to spend more in order to get your credit report scores. There are teasers for a  free credit report, but they usually don't include the actual scores. You need them.

Examine All The Details Of Your Report.

Every detail counts and it's going to be hard to read some of these credit reports. Experian is trying to make their credit reports easier to understand, but the other two are still old school when it comes to making their information clear. Get some coffee. This is going to take some time. Remember that your goal and mantra should be increase my credit score.

• You will need to check to make sure your name is spelled correctly, your address and former residence is correct.
• Your employment should be correct as well as your personal information, like date of birth and age.

Nearly Every Credit Report Has Errors.

You want to clean up credit report because something is always wrong  with nearly every credit report and many times the errors don't affect your scores. If you work at GMC instead of MRB, this has no influence on your scores but you still need to keep your information current.

The causes for bad credit scores has to do with the specific accounts.

• How long have they been open?
• How much is the high credit?
• How much do you owe?
• Are you a signor or the borrower?

Write a Collection Dispute Letter.

As I've indicated, there is no standard letter to accomplish this feat. It should include the following:

Name, address, social security number.

Indicate that you are disputing specific accounts and list them along with the reason for the dispute. Reasons should be short and to the point, like:

Not my account. Never late. Old account. Please delete.

Don't be rude and tell them you expect a correct copy of your credit report after they complete their investigation, which is about  30 days.

Include a copy of your identification and a utility bill with your name on it.

Send everything Certified-Return Receipt.

Credit Report Dispute

Credit Report Dispute. After you receive your corrected credit report, study it to see if the corrections have been made. If they have, you will still need to purchase your scores. If the errors are still showing up, you can dispute again, but you must provide back up information or new evidence that they are wrong and you are right. How to fix credit is an art and it will require creative thought.

Otherwise, the Credit Reporting Agency will deem your request frivolous and according to the Fair Credit Reporting Act, they can deny your request to investigate further. I know. It sucks, but this is the law.