If you see an error on your credit report from any of the three credit reporting agencies, you are able to dispute that error and ask for it to be changed. According to the Federal Trade Commission the reporting agencies must respond to a dispute within 30 days. (And they normally do.)
Identification
You can dispute any of the information found on your credit report from the spelling of your name, to the account balance being reported on a closed credit card account.
Considerations
The Federal Trade Commission recommends backing up your argument with documented proof of your claim. Send copies of your original documents to the credit reporting agencies and keep your originals in a safe place.
Features
Your credit dispute letter should open with a paragraph declaring that you are disputing something on your credit report, and then offer a quick description of your claim. Include a copy of your credit report with the disputed information clearly marked for reference. The second paragraph should outline the exact nature of the error, and how you would like it addressed. The third paragraph should list whatever evidence you have included with your letter, and the final paragraph should ask that you be notified of the results of the investigation.
Function
A dispute letter should only deal with one issue. If you have multiple disputes, then write multiple letters.
Warning
While the format of the letter can be the same for all three agencies, check with the individual agency websites to determine the exact information required and the format required for the information.
0 comments:
Post a Comment