Disputing Credit Report | Evidence Needed to Dispute Credit Report
Be careful not to underrate your consumer rights – as well as your ability to effectively challenge your case when you have to dispute credit report errors.
Pursuant to the Act on Fair Credit Reporting, credit reporting agencies, such as Experian, Equifax, and TransUnion, are required to investigate a credit report dispute. Like those who provide financial information to credit bureaus. However, initial company inquiries are often quick, experts say, and may not include a significant review of your case, causing erroneous verification of some errors as accurate.
If this your case, then you have the right to sue. But you may not go too far if you do not take additional steps to prepare your case in accordance with numerous court documents reviewed by CreditCards.com and interviews with consumer lawyers experienced in handling the Fair Credit Reporting Act. you might have some issues
Evidence Needed to Dispute Credit Report
Also submit evidence if you have a problem with your address, date of birth, name, or social security number.
To solve these problems, you can add a copy of your driver’s license, e-mail confirmation or social security card to the dispute.
Your evidence can also be a canceled check which shows that you paid your bills on time or recently.
Your billing application shows your credit card limit or balance. Send a copy of the evidence and save the original documents for your files.
If additional evidence was when you have given one already, 45 days is what the credit bureau has to respond to your dispute, not 30 days.
Items that can hardly be removed from your credit account
Items that are easily verified, easier to check and is less likely incorrect, are easily removed.
While those that are public record are hardly removed.
They are; repossession, bankruptcy, foreclosure, lawsuit, judgment and loan default, particularly students default. Sometimes it can be difficult to remove them, even if they are wrong.
When there is an incorrect public record on your credit report, put effort to work with the court or the agency, having the items on your credit report. Then after you have updated your details to indicate what is correct, you can now work with the credit bureau to clear up your credit report. The creditor and other companies can investigate and find credit report errors. Therefore, if the credit bureau is not helping issues, you can go directly to the source and dispute this incorrectness with the creditor.
Do not Make illegitimate Disputes.
Do not make a silly dispute with the credit bureau, or dispute everything on your credit report. Note sending all your dispute at the same time is wrong. Also, each dispute must have a different reason, so the credit bureau does take it that you sent two copies. And can to make your disputes unreasonable. if possible, reject the dispute.
Example of a dispute letter.
There are a lot of ways to talk about your controversial message, but this should be based on your situation.
I reviewed a copy of my credit report and noticed an error with GE Capital Account XXXX-XXXX-XXXX-1234. The report was delayed with 30-day. But I had always made an early payment. Please remove this wrong information.
I checked my credit report and found some negative account that has been there for more than seven years. These are the reports to be deleted; then you list them
I checked my credit report and discovered a mistake. The account with Chase XXXX-XXXX-XXX-3456 does not belong to me. I do not an account with Chase Bank. Please, remove this account from my report.