2007-02-22 04:44:17 · 6 answers · asked by Dick 1 in Business & Finance ➔ Credit
You need to contact the 3 credit agencies, Equifax, Experian, TransUnion. You need to send them a certified letter stating the reason you are disputing the item. You must also include any proof. If you just send a letter with no proof they will probably just deny the dispute and it will still be reported.
For example if you are disputing payments you need to send them copies of the canceled checks and statements that would prove your are correct.
If they deny your dispute you can add a consumer statement of up to 100 words giving your case. It won't remove the item, but it adds a line under the information giving your statement. If you are correct by law they are required to remove it. If they do not you would have to consult an attorney to pursue legal action.
However, do not keep sending in the same dispute. After a while the companies can call it frivolous and they do not have to respond to it anymore.
2007-02-22 05:50:55 · answer #1 · answered by OC1999 7 · 0⤊ 0⤋
It is not easy. You have to contact the main suppliers of credit information of which there are 3. 1 is named equifax. What you have to do is notify them by mail that you are disputing a charge to your credit, or provide proof that you have cleared up a debt. They are fast to put something on, but it takes months to get it off.
Just an example of how messed up they are:
The FTC passed a reg saying that medical expenses could no longer be listed on a credit report. So if you went to the hospital and can't pay it is not supposed to reflect poorly on your credit. Yet, they still report it and leave it up to you to figure it out.
2007-02-22 12:48:13 · answer #2 · answered by dolphinparty13 2 · 0⤊ 0⤋
I've had this problem several different times. About all you can do is to keep telling them they've got it wrong till they change it till it looks somewhat better. I think that they get tired of you and want you to go away, so they will change it somewhat after a while. Should try to contact the creditor directly too, but I have had more success just keeping an eye on the three credit reporting agencies, and telling them over and over that it should read this way.
2007-02-22 12:54:37 · answer #3 · answered by karenhar 5 · 0⤊ 0⤋
The below article, titled "What To Do If There Are Inaccuracies On Your Credit Report", is a step-by-step guide that even includes a sample letter to send to the credit bureaus
2007-02-22 12:58:57 · answer #4 · answered by Anonymous · 0⤊ 0⤋
The attached website has some excellent informaton on how to deal with credit reporting companies.
2007-02-22 14:43:27 · answer #5 · answered by rostau989 1 · 0⤊ 0⤋
So am I ..To me it seems like no easy answer.I have writen letter after letter..I am looking forward to seeing what others have to say...
2007-02-22 12:48:25 · answer #6 · answered by Anonymous · 0⤊ 0⤋