How to Dispute Credit Report Errors
Contributed by Melanie Vannuys
Why Are There Errors On My Credit Report To Dispute?
Credit bureaus are responsible for maintaining such a large amount of information, it's no wonder that consumers sometimes have to dispute a piece of information on their credit report.
In order to find out if you have any inaccurate information on your credit report, you first must obtain a copy from one of the three credit bureaus, Experian, Equifax or TransUnion. By law, they are each required to give you one free copy per year. Because each bureau may have different information on you, it's important to get copies from all three and compare.
Even if you haven't been denied credit, but you're planning to make a major purchase in the near future such as buying a house, it's important to know what your potential lender is going to find. Knowing what you're dealing with up front, could save you embarrassment later.
How Do I Dispute Errors On My Credit Report?
If after you've obtained a copy of your credit report you find that there are errors or omissions, the real work now begins. Deciding to dispute an error on your credit report is going to take time and patience, without both you're wasting your time.
The first thing you need to do is notify the reporting credit bureau in writing of the inaccuracy. You will need to include copies of documentation that support your claim. In your letter, you will need to include your full name, address, telephone number and social security number. Your letter should clearly state and identify each item you wish to dispute on your credit report. Only state the facts and why you are disputing the information.
Once you've outlined everything in your letter, send it certified mail with a receipt request to ensure that the credit bureau has received your letter. Keep copies of EVERYTHING!
