How to Rmove Negative Items Off Ur Credit Report?

Question

in december 2004/5 i was late in a payment with Gap Card. It was only that month i continued paying my bills on time and the card is paid off but i just recently checked my credit report and i have this late payment as late 30 days and its affecting my credit.. Need Help! What is recommended? and if a letter, how do i write it???? Please Help is Appreciated.!
Thanks.

Answer 1

All the other answers were wrong. Of course you can dispute a valid 30 day late payment as long as you are willing to say it was not late. The burden is on the creditor to prove you were if you dispute the charge. They are unlikely to respond to an account going on 2 years old that is currently in good standing; so more then likely your dispute will hold up.

Send your dispute letters to the three national credit reporting agencies:

• TransUnion
2 Baldwin Place
P.O. Box 2000
Chester, PA 19022

• Equifax
P.O. Box 740241
Atlanta, GA 30374-0241

• Experian online at

http://www.experian.com/disputes/index.html

Just do a google search for "credit report dispute letter" and you will see a ton of sample letters.

I have disputed and won several valid late reports on all three reports. It is worth doing. I suggest disputing everything negative on all your reports. Remember, you need to dispute each item seperately and just because you have an item removed from one of your reports does not mean it is removed from the other two.

Good luck!

Answer 2

2 of the worst styles of delinquencies are a sequence and fee-off. the two events are the effect of no longer paying a particular bill for a number of months. through fact they point out a severely previous due charge (35% of your credit), fee-offs and debt collections are destructive on your credit. With some attempt, you may triumph over those. Dispute wrongly reported collections or fee-offs. you may dispute misguided bills with the credit bureaus. deliver a letter letting the credit bureau be attentive to why the account is incorrect and wait for a reaction. with a bit of luck, the errors would be deleted the 1st time. If no longer, you may dispute the account in the present day with the organisation that indexed it on your credit checklist. Get a $0 stability. right here’s the ingredient. Paying off a fee-off or sequence stability won’t delete the article out of your credit checklist and it won’t help your credit. as quickly as the blemish is there, the wear and tear is finished a minimum of for the fast-time era. regardless of the undeniable fact that, a paid stability is often extra proper than an unpaid one, fairly in case you’re attempting to get new credit or a significant own loan like a loan. formerly you pay, draft a pay for delete letter offering to pay the steadiness in finished in replace for having the article bumped off out of your credit checklist. The creditor or collector would deny your declare regardless of the undeniable fact that it’s well worth a attempt. Settling the debt is likewise an determination, if your creditor has an identical opinion, yet remember your credit checklist will mirror which you settled the account. A settlement may additionally harm your credit. Worst case, merely pay the steadiness in finished. Or, if it’s somewhat previous, like 6 or extra years, you may desire to basically wait and enable the account drop off your credit checklist. The credit reporting time decrease for each and all and sundry of those delinquencies is seven years. For a fee-off, it’s 7 years plus a hundred and eighty days from the date of the 1st delinquency. attempt sending a goodwill letter, if the account has already been paid. A goodwill letter is merely a request that the creditor or collector do away with the account out of your credit checklist out of goodwill. temporarily clarify why you grew to become so previous due and need that whoever gets your letter is feeling beneficiant that day.

Answer 3

If you were late, you were late. Credit bureau will let you dispute if you wern't actually late; but that is the point of a cr bureau report in the first place; to list all the status of credit, good and bad.

Answer 4

You can't have a valid historical item removed from your valid credit history. You were late, and you can only wait for the credit bureau to drop this item after the required number of years.