How to Remove Credit Report Errors and Mistakes by Filing a Dispute with the Credit Bureaus

The credit report of an individual contains vital and key information pertaining to credit behavior and credit transactions. As you might be well aware the information on the credit report is viewed as a means of evaluating the risk of a consumer. Whenever you apply for a credit based service your credit report is checked by the creditor has a part of the approval process. Checking a credit report is a vital part of the credit approval system. A credit report is also checked by other entities such as potential employers and landlords for the purpose of checking the reliability of the individual. Having inaccurate or false information on your credit report can affect your prospects of qualifying for the credit based services or passing through the credit report checks in the future. If you find mistakes on your credit report the fair credit reporting act of 2003 gives you the right to dispute the error with the credit bureau.

Get Your Free Credit Report

The very first thing that you need to do is to check your credit report in order to find out whether any incorrect information is being reported not. The Fair Credit Reporting Act allows you to excess of free copy of your personal credit report from each of the three credit bureaus every 12 months.

See how to get a free credit report here.

If you find information that is incorrect on your credit report then you should go about finding a dispute with the credit bureau as a last information provider in writing. If an error has been found on one credit report from one credit bureau it is likely that the credit report from other credit bureaus also contain the same error as long as the same credit reports to all the National credit bureaus. For this purpose you will also have to check the credit report with the other credit bureaus.

Dispute the Error Online as Well as in Writing Through a Certified Mail

Disputing an error has been made simple and easy by following an online process. If you have recently accessed your credit report you can easily follow the links on the website of the credit bureau or in your account section to dispute the error online.

If you have statements cancels checks that support your claim you should include copies of them when you send in the credit report dispute letter. It is advisable to report the dispute in Britain through a certified mail as it enables you to maintain proof of the fact that you disputed the error and that the bureau received the information sent by you. Be sure to provide as much details as possible such as your name, completed dress, the account that you are disputing, the reason for the dispute and also copy of your credit report highlighting the inaccurate information if possible.

The Credit Bureau Has to Respond To A Dispute in 30 Days

The credit bureau has 30 days to investigate and respond with the result of the dispute. On receiving information about a dispute the credit bureau gets in touch with the additional information provider asking him to investigate and respond.

Once the investigation is completed the credit bureau will provide you with the results along with a free copy of your credit report in case the dispute has resulted in the information on your credit report being updated or changed.

You may also request the credit bureau to send a correction notice to any company or creditors that accessed your credit report in the past six months.

 

Dispute Addresses for the Three Major Credit Reporting Agencies
Equifax
P.O. Box 7404256
Atlanta, GA 30374-0256
Experian
Dispute Department
P.O. Box 9701
Allen, TX 75013
TransUnion
Consumer Solutions
P.O. Box 2000
Chester, PA 19022-2000