Skip to main content

Credit Repair Drill

Credit Repair Drill

Putting your credit pieces back together

Writing Credit Dispute Letters

You should know that the Federal Fair Credit Reporting Act works in your favor and you should do everything to take advantage of the law. Under the Fair Credit Reporting Act, you have the right, to dispute the completeness and accuracy of information in your credit file.

The most effective way to challenge the accuracy of your credit report is to write a credit dispute letter to the credit reporting agency or creditor. This tactics is effective because one part of the Federal Fair Credit Reporting Act states that when you dispute any information contained on your credit file, the Credit Bureau must verify the accuracy of the information with the creditor who reported the information within 30 days. If they are unable to verify the information within 30 days, it must be removed. This shifts the burden of proof from you to the to the credit reporting agency or creditor and gives them only 30 days to comply.

Note: It's illegal to dispute every item on your credit report. You are only allowed to dispute unverifiable, inaccurate or misleading items. Items that are clearly yours, and reflect your credit history should not be disputed.

Now comes the hard part. Let's face it, most people don't like to write letters. And yes..., letters, not emails. Don't worry, we are here to help. We understand how important these credit dispute letters are in repairing your credit.

Knowing what information to place in these credit repair letters can get your account credited in record time. CreditRepairDrill.com will provide you guidelines to help get you started.

Note: These are guidelines only, and you are advised never to copy the credit repair letters word for word.

If you wonder why you shouldn't copy the credit repair letters, that's because you need to personalize your letter. Approximately 1/3 of all credit dispute letters are from credit repair specialists. Credit Bureau and creditors are not fond of credit repair specialists. So you want to personalize this process so the agencies do not wrongly conclude that you have hired a professional credit repair organization to represent you. Also you don't want your letter to look like thousands of other letters that came from CreditRepairDrill.com

Make your letters personal and show some emotional attachment to the issue.

Important Letter Writing Tips:

When writing the letters of dispute, you should consider handwriting them rather than typing them out.

Send your letter by certified mail, “return receipt requested,” so you can document what the consumer reporting company received. Keep copies of your dispute letter and enclosures.

Make sure you use strong words that will make it clear to the credit reporting agencies that the mentioned listing is being disputed. Examples of these words are erroneous, outdated, misleading or unverifiable.

Do not spend time explaining things in your credit dispute letters , explanations are not considered useful.

If the dispute is sent in from anyone other than you, the Credit Bureau will suspect that you have paid someone to repair your credit. This raises all sorts of Red Flags.

It's better to send in dispute letters yourself. Since the consumer reporting agencies make so many mistakes it is imperative that they believe you are working alone and trying to fix a real legitimate mistake.

Send your dispute letter to all major Credit Reporting Agencies that report the inaccurate or incomplete information in your credit report. Correcting your file with one of these three might not lead to correction at the other two.

It should take between 2 weeks to a month to receive a reply from the credit-reporting agency letting you know that your letter has been received and your dispute is being investigated. After a further 2-4 weeks, a new credit report should be received from the reporting agency to confirm that the item has been removed from you report.

Once the updated credit report has been received, you can then address the next dispute that you have until you have had all of the disputed.

Experian
Equifax
TransUnion
Sample Credit Bureau Dispute Letter
Full Name
Mailing Address
Date of Birth
{If Sending to Experian: P.O. Box 4500, Allen, TX 75013}
{If Sending to Equifax: P.O. Box 740256, Atlanta, GA 30374-0256}
{If Sending to Transunion: Consumer Disputes, P.O. Box 2000, Chester, PA 19016}

{Date}

RE: Investigation Request to Delete Credit Inquires
To whom it may concern,
In accordance with the Fair Credit Reporting Act Section 611 (15 U.S.C. § 1681I), I am practicing my right to challenge questionable information that I have found on my personal credit report. I do not recognize the information listed below and request that you investigate the source of these accounts and ascertain that the creditor had a permissible purpose, and is able to verify my complete file information including full name, address, date of birth and SSN#.

INCORRECT ACCOUNT INFORMATION
The accounts below are reporting incorrectly please investigate these:
{Creditor Name} {ac#} {Reason for Dispute}
{Creditor Name} {ac#} {Reason for Dispute}
{Creditor Name} {ac#} {Reason for Dispute}

INCORRECT CREDIT INQUIRIES
I am disputing the following inquiries which I did not authorize:
{Creditor Name} {inquiry date}
{Creditor Name} {inquiry date}

REMOVE INCORRECT PERSONAL INFORMATION
I am disputing the following personal information that is showing for me which is incorrect:
Incorrect SSN {xxx-xx-xx xx }
Incorrect Address { insert address}
Incorrect Name Variations { Insert name}

UPDATE PERSONAL INFORMATION
Also please update the following information which I saw your credit bureau to be missing or incomplete:
Personal current address {insert correct address}
My proper full { insert your correct full name, if the bureau has listed it incorrectly}
My date of birth { insert date of birth, if bureau has it listed incorrectly}
My current employment info { insert employer name, address and your position, if the bureau is missing this info}
I am allowing you 30 days to complete this investigation after which I authorize you to mail me my updated credit reports along with the investigation results
Truly,
{Name}
{Signature}

Credit: imaxcredit.com
Understanding Credit
DIY Credit Repair
Negative Items

Related Content

How to order a free credit report Dealing with Credit Bureaus
How to repair bad credit yourself Profile of a Perfect Credit
How to Improve your credit score Credit & Marriage
How to dispute negative credit Know your legal rights

Search

Tip of the day!