How do I fix credit report errors when they come up?
Often times when there’s an issue with your credit report, you wonder, “How can I fix this?”
The first step is to pull your credit reports
You can go to AnnualCreditReport.com and pull them there for free.
Then, you need to look at your credit reports
Are they correct?
Are there any errors?
Sometimes the errors are small, such as having the wrong address.
Other times, the error is rather large, such having a $500,000 dollar mortgage that’s late, and you don’t even have a mortgage.
Either way, you need to fix the errors are on your credit report.
If there is a problem, you can dispute your credit errors via certified mail
You may be wondering, “What do I put in this letter?” [We will have a detailed video training on this but for now here are some thoughts for you].
Well, the letter needs to identify who you are (name, address, last 4 digits of your Social Security), and whatever account has false information.
Make it very clear to the credit bureau (Equifax, TransUnion, etc) what is wrong with the account, then explain how it is wrong.
Sometimes these dispute letters are only a few sentences.
Other times they are several pages long.
Make sure that you put any necessary documents in with your letter.
Sometimes that makes your certified mail packages bigger, which is irritating to the company. Why? Because even they should look through every document, they don’t want to look at your documents.
Sending these documents helps the bureau and furnisher (Discover, Capital One, etc) figure out how to address the problem at hand.
Send this package to both the bureau and the furnisher so that they can look at your papers and compare it to what they have on their record.
Once you’ve written your letter and gotten your package together, you send it by certified mail using little green cards that say “certified mail” that you can get at the post office.
Hopefully, if they see that their records are wrong, they will fix it.
After about 30-45 days you will get the results back from the investigation by the credit reporting agencies — now you need to look carefully at whether the credit report errors have been fixed or not.
If they fix it, that’s great
If they don’t, you can send it to them again (which can be appropriate sometimes), or you can sue them.
Typically they refuse to look at it again, so we sue them in Federal Court as this is the quickest way to get them to fix the errors. Knowing they have to correct your reports and pay you money damages motivates these guys to finally do the right thing.
Feel free to contact us
Hopefully this was helpful to you.
If you live in the state of Alabama and you’d like for us to look at your dispute letters before you send them, or you’ve sent several letters and they haven’t responded, you can give us a call at 1-205-879-2447.
You can also get in touch with us by filling out a contact form and we will get in touch with you as soon as possible.
Have a great day.
I have recently filed for bankruptcy, but I need help removing old errors on my credit report.
Sometimes it makes sense to wait till you are out of bankruptcy but not always.
If the old errors are unrelated to your bankruptcy, then we can chat (assuming you live in Alabama).
If these are accounts you are getting rid of in bankruptcy, then it probably makes sense to wait till after you are out.
Give us a call if you are in Alabama and if your bankruptcy lawyer is fine with you talking with us — the number is 205-879-2447 — ask to speak to Carolyn and let her know you are calling in response to our website.
[…] protect consumers from predatory lenders, only prevents issuers from raising rates retroactively. Credit card issuers are free to charge whatever rate they want at the front […]
[…] life and can affect everything. For example, landlords are more likely to rent to tenants with good credit scores, companies hire workers whose credit scores are better because it means they’re […]
[…] of a person’s financial history before approving a loan. It’s about much more than your credit score, although that’s still an important […]
[…] the Fair Credit Reporting Act, employers have the right to pull a potential employee’s credit report during the interviewing process, with permission from the person being interviewed. Someone who is […]
[…] your credit reports. Debt collectors sometimes stick debts on the wrong credit reports and then try to get you to pay the debt (even if it’s not yours) so they’ll remove it. […]
[…] score is not to pay your bills. It seems obvious, but one of the most important parts to your credit report is your repayment history. If you don’t pay your bills, even the minimum monthly payment, […]
[…] dominating their lives, such as with an abusive debt collector, been sued by a debt collector, have credit report problems or a multitude of other reasons. They want and need a complete explanation for the solution to […]
[…] this week, Moody’s reported that U.S. credit card charge-off levels eased in October for a second straight month from a record in August, while […]
[…] debit cards — now more popular than credit cards — the Federal Reserve issued new rules (effective summer 2010) on overdraft fees. […]
[…] would seem that Experian doesn’t understand the difference in advertising a totally free credit report and actually providing consumers with it and denies any […]
[…] kind of credit card offers you […]
[…] your credit score since debt utilization, which is how much you owe compared to how much available credit you have, is an important factor in determining your score. The lower your utilization is, the […]
[…] May 2009. The Act changes several credit card stipulations, and might even save people with serious credit card debt from bankruptcy, as suggested by Michael S. Anderson, writer of the […]
[…] contact the creditor and credit reporting agency if there are any discrepancies on your credit report. An official dispute should be sent to both places in writing and include things like copies of […]
[…] you have questions or concerns regarding your credit score, feel free to contact […]
[…] an account with them for a long time, whether you use the card or not. Plus, it looks good on a credit report to have a longstanding […]
[…] report, go to AnnualCreditReport.com. The Fair Credit Reporting Act gives you the right to see your credit report every twelve months. The government set up the AnnualCreditReport.com website for you to request […]
[…] Please contact us if you have questions about credit reporting errors or how to go about disputing false information on your credit reports. […]
[…] about any of your discharged accounts and how they should be reporting after bankruptcy, or credit report errors in general, please do not hesitate to contact us for a free […]
[…] With the economy being so poor, people are exceptionally mindful of anything that could harm their credit score. […]