Pointers in Composing a Good Credit Dispute Letter

Once you check your credit reports, you are going to find some mistakes. Few are affected with the dreadful credit error sometime in their life, however lots of people have seen issues with their credit reports at one time or another. If you are going to contest the claim on your credit report, then you need to know how the dispute procedure works. Thanks to law from the 1970s, anyone can dispute a problem with their credit report by sending in the required documents. unsecured credit cards for bad credit (2)If you want to dispute some kind of error in your credit score, then you definitely should think about writing a letter to the proper agencies and letting them know the fact.

Get A Copy Of Your Credit Report

The first thing you need to do when you notice an error on one or more of your credit reports online is to get a copy of your credit report in physical form. Once you notice an error, you should double check the credit problem to make sure that it is not actually a true credit issue. Many people think that they have pristine records, but then they realize that they made a mistake in the past. Don’t waste everyone’s time by sending in a credit dispute letter unless you have already verified that there was an actual error made on your credit report. {Also read How to Get Your Free Credit Report}

Verify The Errors

Once you have verified the error or errors on your report, you will then need to list out the errors on another sheet of paper. Make sure that you are writing down all of the related information for each error because the credit bureaus are going to need to be able to verify all of the information that you provide. You should list the most damaging credit errors on the top because these are going to be the most important errors that you want to bureaus to check right away. Once you have your list of errors and your credit report put together, you can then send a copy of both documents to each credit bureau.

Dispute the Error

You should send your credit dispute to each bureau separately, and then they will have to verify the information you sent before they can make any changes to your score. Credit bureaus are actually required by law to check each dispute that comes into their offices, so you should never give up on a credit dispute claim that has been lingering around for a few years. You should also make sure that you personalize your letters to make sure that the credit bureaus know what to search for in their records. Some people even recommend hand writing the letters that you send to the credit agencies because that will give an extra personal touch into the matter. {Also read Things You Should Know About Your Credit Report}

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Backup Copy

The last thing to remember before you send those letters to the credit bureaus is that you need to make sure that you have copies of everything. You should even make sure that you have some kind of postal receipt so you can prove that you sent everything in to the right people. It should take around two to four weeks for the negative information to be removed from your reports, so you should not get too disappointed if you do not see any real changes right away.

Elizabeth Roberts

Elizabeth Roberts

Liz Roberts and her team are continuously providing information to people who are ready to repair their credit and improve their credit score. Also NewHorizon.org team strives to empower the homebased and small business owners by bringing information that can help them to manage and grow their businesses. Let our 24+ years of business finance experience help you to get the financing you need! CONTACT US if need financing for your business.

3 Comments
  1. Never knew i could dispute stuff but glad to know. Recently got my score and there were 2 items on their hurting me that I had paid off, so someone must of forgot to mark it paid. Fortunately I had the bank statement that showed that the check had went through. Next time i will write the letter, spent hours on the phone fixing this.

  2. I have not had to get to this point yet but this is excellent information to know because there may be a time when having to write a good dispute letter is necessary. I am careful with my credit and have a good score. I intend to keep it that way but issues do arise.

  3. I also have a good credit rating but this is great information to have because you never know what could come up that could challenge it like a health crisis or something. Anything can happen.

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NewHorizon.org is an independent, advertising supported website. The owner of the site may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. NewHorizon.org has not reviewed all available credit card offers in the marketplace.

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