When it comes to a person’s credit history, there is no room for errors. Therefore, when it comes to any inaccurate information reported on an individual’s credit, it’s important that the person takes time to write a credit dispute letter in order to fight the falsely reported mark.
Credit Repair Letters - Disputing a Credit Report
It is possible for individuals to have inaccurate credit errors corrected by simply sending the credit reporting agencies’ a written credit dispute letter that points out the specific errors. The more information an individual gives in this letter in order to verify that the credit mark is in fact an error, the faster the problem will be resolved.
However, it’s important that individuals understand that any accurate information on their credit reports cannot be amended. So, it’s best to only use credit repair letters, if in fact the mark is inaccurate.
Sample Credit Dispute Letters - Include a Specific Argument
The first thing a person must keep in mind when disputing a credit report is to be as specific as possible. This means describing why the information is inaccurate, by using descriptions such as; incorrect, false, or belongs to a relative. It’s also important to include specific statements to back up the reason why the information is inaccurate.
When preparing to write up the claim, it’s best to follow sample credit dispute letters in order to prepare a professional claim. Below is an example of how to write a credit dispute letter. Individuals shall alter the information in order to fit their personal situation.
Example Credit Dispute Letter:
Your Full Name
Current Address
Current Phone Number
Dear (credit reporting agency),
I am writing this letter to inform you of an inaccurate error reported on my personal credit report. I am requesting that you correct all inaccurate information pertaining to this credit file. The information listed below is completely inaccurate and must be removed immediately. I have enclosed a copy of the credit report in which your organization has provided to me on (insert date of report here).
Account info: (insert specific name of creditor and account number)
Item Description: (specific information found on your credit report)
Requested correction: (describe what needs to be corrected)
In accordance with the federal Fair Credit Reporting Act (FCRA), I request that you investigate my claim and if found inaccurate, I request that you immediately update my credit report. It is also requested that you send both the creditors and myself who have received a copy of my past report within the last 6 months, an updated and corrected credit report.
If the investigation shows that the information is in fact accurate, I request that you provide me with all details in order to back up the information found in the investigation, within 15 days of the completed investigation, as required by the Fair Credit Reporting Act.
I appreciate your time and immediate attention to this matter. If you have any questions or concerns pertaining to this credit dispute letter, please feel free to reach me at (insert phone number).
Sincerely,
Signature
Printed Name
Overall, when it comes to falsely reported information written on a person’s credit report, it’s essential that the individual file a claim, by writing a credit dispute letter. A person’s credit will determine interest on loans, approval for loans, employment and more. It’s very important that individuals check with their credit report frequently in order to guard it from any potential errors.
Related articles:
Best Way to Negotiate Debt With Creditors
Source: ftc.gov “How to Dispute Credit Report Errors” (Assessed February 10, 2010)
Emily Rogers - I am currently working from home as a freelance writer. I have always had a strong passion for writing, utilizing my skills with every ...
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