How to Dispute Credit Legally

While it is impossible to dispute negative items that rightfully appear on your credit report, you may be able to dispute the items if they were falsely reported. For example, if you were up-to-date on your payments and a creditor reported that you defaulted or missed payments, you have a right to dispute that claim. You may also dispute falsely acquired debts on your credit report that appear due to identity or credit card theft.

Instructions

1

Analyze your credit report carefully. Review and compare the information provided on your credit report and take notes on any debt that was reported inaccurately. You may obtain one free copy of your credit report each year from each of the three credit bureaus approved credit reporting companies, Equifax, Experian and TransUnion.

2

Review your documents related to each account, and create a list of any items that are not reported properly. For example, if you have documented proof, such as receipts, for an item that is reported as being in default or has lapsed in payment.

3

Photocopy your receipts and any communication you received from the creditor that proves the information on the report is not correct. For example, if you set up payment arrangements and maintained your agreement and the account is listed as unpaid or in default, you may be able to dispute the report.

4

Contact the credit reporting company with a professional dispute letter. This letter should include your name, address, the item listed on your report that you want to dispute and your reason for disputing that item. Make an extra copy of your dispute letter to keep in your personal files for later reference.

5

Enclose your documented proof with the dispute letter. The credit reporting company must investigate your claim within 30 days of receiving your dispute.

6

Contact the creditor who reported the item falsely and dispute the item. You may send them a copy of the dispute letter you sent to the credit reporting agency, along with your copied receipts and prior communication.

7

Follow up by checking the status of the item on your credit report. In the event that your dispute is found in your favor, the credit reporting companies must change the status of your account with that creditor.