The right to an accurate credit report can feel, to someone burdened with errors lowering their credit score, as important as the right to free speech. Congress does ensure both rights, but just as the right to free speech forbids yelling 'Fire!' in a crowded theatre, reasonable limits exist regarding your credit report. Consumer entitlements include insuring a credit report contains no erroneous information and no entries older than statute allows. On the other hand falsely claiming a true item needs removal constitutes fraud. By continuing with our dispute letter module you acknowledge that you will use the tool only for legal and legitimate removal of items on your credit report that the laws require the credit bureaus remove.
To proceed you need to know how the dispute process works with the credit repair bureaus and then specifically how our letter generation module operates. When you find an item that has no rightful place on your credit report you first get very specific about the culprit. Identify the creditor, the particular account number or identification number for the entry and don't forget to make sure you know the credit agency whose report contains the error. Each credit reporting company is different and you have to deal with each on its own.
Next you write a letter to alert the credit bureau that their report contains an error and you wish them to repair it. The credit agencies have 30 days to respond to your letter. During this time the credit bureau may investigate your claim and attempt to re-verify their entry as originally reported. If they feel they had it right in the first place they must tell you why, if they come up with no evidence of accurate account information they must remove or correct the entry. You may also find no response at all, a common third outcome of your initial letter. Since the credit company has 30 days to complete their task and the mail takes some time, I suggest waiting 45 days. If 6 weeks from the first mailing you have not heard from them you write again to remind them of your claim. Once again, I like to wait 45 days from that letter to allow them enough time to get back to you. In a case where 90 days from the initial letter they still have not offered any answer you send another letter threatening a lawsuit. In theory, once they fail to respond in 30 days you win, but don't expect things to always work the way they should. If you truly feel an item false and the credit bureau says otherwise, or you hear nothing 45 days from your third letter the time has come for professional help as much as you might like to continue the battle on your own.
You follow this process for EACH item for EACH erroneous entry from a credit report. That means 4 errors on all three credit reports makes 12 disputes. Do not attempt to lump them together. If the credit agency sees a verifiable reason that your claim is frivolous they need not respond, attempting to pile together more than one credit report entry at a time opens that door for them, don't try it. In a case involving multiple errors deal with one item at a time per credit company. Starting the process simultaneously with Experian, Equifax and TransUnion is OK. Keep careful track of where everything stands with each credit bureau and each account, disputing many errors becomes complicated and confusing fast.
Our free credit report error dispute letter module helps you compose these letters, one at a time. By registering for the credit guide we know your contact information and pre-populate that into the letter, if you need to make changes, like adding or deleting information do it right on the form. Tell the program which letter you care to compose as described above, the first letter (the initial letter claiming a credit report error), the second letter (following up on no response from the credit company) or the third letter (warning of a lawsuit after failure to answer the first two letters). The computer dates the letters based on the type of letter and today's date. The 1st letter indicates today, the second 45 days from today and the third 90 days from today (you may make adjustments later).
Enter the account number for the dispute. I suggest something very specific like this:
Chase Visa 9829-0192-2939-9393 March 2006 item #2938384-dpn-399
List as much relevant information as you can. Select the credit bureau; remember one letter needs to go to each agency for each error. You should have your social security number on your letters. You may use the free letter module to insert it for you or add it later. You might even tell the credit module to enter zzz-qq-yyyy or some thing like that so you see where the social security number will go and remind you to change it to your own information. Enter why you feel the error exists. You do not need a novel, but enough that they understand your claim. Press the button at the bottom and one letter emerges. Highlight the text of the letter and paste it into a file on your computer where you can save it and print it. If you never performed a 'copy and paste' operation on a computer click here to learn how it works. You might go back and print the next two letters at the same time just to save them if you need them, of you might return to get them when you really want them. Remember this module provides a bit of help only, these letters are YOURS, YOU must read them, edit them, proof read them, and insure everything in the letters contains accurate statements on YOUR OWN. Print the letters, add copies (never send originals and make copies of everything you send) of any documents that support your dispute and mail them (you should send them certified-return receipt requested to verify the credit reporting company got them, additional documents in follow-up letter should include copies of prior letters and mail receipts for the same item to that credit bureau) and with some effort your credit repair should become a reality.