Credit Repair services » Credit Dispute

How To Write Letters To Remove Information Off Your Credit Report

admin — Mon, 22 Mar 2010 08:17:41 +0000

Many people who look into their reports find that their credit information has errors and those errors usually affect your credit negatively.

Maintaining an accurate score sometimes requires us to be pro-active, and we must write letters to remove information off our credit report. These are sent to the big 3 credit bureaus. Although in many cases the first thing most people want to do is to call the Credit Bureau and tell them off, this would be counterproductive. Instead the best method would be to sit down and write a credit report dispute letter.

You should read your credit report, take notes as to what you consider the problem areas are and think whether what’s on the report could actually be true. If, in finding that what’s on the report is false, you need to think through how you’re going to word your letters to remove info off credit report. You’re going to have to send a copy of this letter to each of the three main credit bureaus: TransUnion, Experian, and Equifax. Be polite and state facts as you see them. See example letter below.

Dear (credit bureau name here),

After looking at a copy of my credit file, I found that it contained erroneous information. I would like to dispute this information and request a correction. I am concerned about the information that you have put in my credit report as it could seriously impair the credit rating I enjoy with lending institutions.

You have not (state the problem here).

Be sure to include the month, and the date, and the name of the business.

I am enclosing a photocopy of my cancelled check as proof of my payment. Hopefully, this will correct the accuracy of my credit file. As you are certainly aware of, the credit bureaus are only allowed to use accurate information in a consumer’s credit file.

Thank you for correcting the above errors to insure that it doesn’t impair my personal credit. Please contact me as soon as the correction has been made and my credit report is again accurate. Please send a copy of my credit report to: (place mailing address here).

Yours,

(Your name)

Be sure to include your full name as listed in your credit report, address, Social Security number, copy of your driver’s license, copy of the credit report, and copy of your proof, i.e. cancelled check.

Be sure to retain a copy of whatever you send to each credit bureau. Make a note of the date that you mail your letters to remove info off credit report. Using certified or registered mail is a good idea, as this will give you proof of the mailing date.

By: Tim Gorman

Bad Credit Repair – How to Clean Up Your Credit Quickly

admin — Sat, 06 Feb 2010 23:28:25 +0000

Do you have bad credit? Are you searching for information on bad credit repair or effective ways to clean up your credit? Perhaps you’re wondering how in the world to get rid of bad credit and have a clean clear credit report. If you’d like to learn how to remove negative items from report, then keep reading.

Many people are not aware of the effects of bad credit on our lives. When you have bad credit it actually costs more to live. Bad credit can make it extremely difficult to gain access to some of the better things in life. It makes it difficult to get approved for a car loan, a home loan, a credit card or other financing. Or if you do get financing, you may be subjected to very high interest rates and several other unnecessary conditions.

Once you have a bad credit rating you will realize just how it can derail your financial plans. So it’s very important that you repair your credit if you have bad credit.

As a first step to credit repair, you need to get a copy of your credit report and see what information is being distributed about you. You can obtain your report by contacting the credit bureau that keeps your record.

When you get your report, review it carefully. List all incorrect information you find. After you have noted all incorrect or inaccurate entries that have been made on your report, send a letter of dispute to the credit bureau that has sent you the report. If you have any documentation to back up your claim, you should send it in also. Be sure to keep copies of all documents you send.

When the credit bureau receives your letter of dispute, they must investigate it and send you written results of their investigation. If the disputed item cannot be reverified it must be deleted. If the creditor does not respond within a reasonable period of time, then the disputed item must be removed from your report.

If you do not agree with the results of the investigation, you can contact the creditor who reported the information and demand that the negative entry be deleted. If you do owe money, then it’s time to start a negotiation with the creditor. You can offer them a fraction of the amount owed provided they delete the negative information from your report.

After you’ve erased negative items, you can start adding positive information. You can obtain a secured credit card or take out a secured loan at a bank. Also, gas station credit cards and department store charge cards are a great way to add positive accounts to your file. Be sure to pay your bills on time. That way, you will show that you can handle credit responsibly.

The process of self credit repair is simple if you have the right plan to follow. To be sure you do it the right way you should get a proven credit repair guide that will show you the step by step process you need to fix bad credit, erase negative items that are on your report, and add positive items on your report.

Once you have a good, reliable guide all you need to do is follow the easy, step-by-step instructions, and start repairing your credit immediately. A good credit repair guide is your ticket to getting your credit back on track.

If you are serious about erasing negative items on your report, rebuilding a positive rating, and enjoying the good life, then repairing your credit is a must.

By: Conleth Onu

Negative Credit Repair Help

admin — Thu, 04 Feb 2010 16:47:33 +0000

There are many people in our country today with bad credit that don’t even know it. In fact, most of these people won’t even find out until they apply for credit and are denied.

Will you be next?

Whether you know you have bad credit or not, there are steps you can take to make sure your credit is moving in the right direction.

Order a copy of your credit report. By law, you are allowed one free copy of your credit report from each of the three major credit bureaus per year. Make sure you that advantage of this. Either order all three at once to get a complete picture of your credit or stagger them throughout the year to keep an up to date picture. Review your reports with a fine tooth comb. Make sure to take your time and pay attention to every detail. Check your personal information for misspelling and wrong numbers or addresses. Review your credit accounts for proper dates and amounts. Make sure you recognize all the accounts listed on your report. Identity theft is a growing problem, don’t be a victim. And take a look at who else has been looking at your credit report. Dispute information that doesn’t belong there. While going through your reports, make a detailed list of all the information that is wrong or items that should no longer be there. Keep a copy of this list for yourself and send a copy of it, along with your credit report, to the corresponding credit bureau. Then all you can do is wait. A credit bureau is required by law to investigate all disputes and reply within thirty days. If any changes are made, they should send you an updated copy of your credit report. File a dispute with the creditor. If you know the information is wrong and the credit bureau investigation did not change anything, file a dispute with the creditor that listed the item. The process should be similar to filing a dispute with the credit bureau.

Remember, it’s your credit. It’s up to you to fix it.

By: K.M. Aguglia

Credit Repair Techniques That Work

admin — Thu, 05 Nov 2009 07:33:12 +0000

You might have heard of so many different methods to repair your credit rating, some work and others do not. In this article I will go over a few of the credit repair techniques that can work effectively to improve your credit rating.

The first one worth mentioning in this article would be the popular credit “dispute” or “challenge”, this method takes advantage of the fact that the credit laws allows you to challenge items on your credit report with the credit bureaus.

By law, they have to launch an investigation into your claim and the burdens of prove falls on them. In other words they need to prove to you in some way that the item you are challenging is correct and can stay on your credit files.

They are to get in contact with the original creditor for documentation and have a certain time frame to get this done. If they cannot complete their investigation within thirty days then the item needs to be removed from your credit report. This is how the challenge process works.

It is important to note that it does not matter if the item is correct or not, they need to prove it!

Another technique you can use to clean up your credit report is to not only take from your report but add to it. You have to remember that the credit scoring formula looks for credit on your report that is being used wisely. It wants to see some available credit with timely monthly payments, a “good history” so to speak.

You can accomplish this by applying for a secure credit card, they are easier to get even with poor credit and I would advise everyone to get one if they are in the process of rebuilding their credit rating.

By: Tony Banks