Taking Control Of That Credit Report Once And For All Part 2
written by Credit-HQ ExpertWhen you put together your report, be as specific as possible. Go through the entire credit report so that you can report multiple problems with one letter if you find them. This is better than sending in multiple problem reports. Also be sure you make a copy of your credit report and mail it in along with your detailed documentation of what is wrong. That gives the reviewer at the credit agency everything they need to fix what is wrong.
Send in your package by certified mail. This is normal because you will get a return receipt showing that your information reached its destination and action will get underway quickly to correct the problem. For best results, send it next day priority. It costs a little more but it gets things moving more quickly as well. You can get a tri merge credit report and check your credit score ratings. Here are the addresses and web site locations of the three agencies for your use…
TransUnion
2 Baldwin Place
P.O. Box 2000
Chester, PA 19022
1-800-916-8800
http://www.transunion.com/corporate/aboutUs/contactUs.page
Experian
https://www.experian.com/consumer/cac/InvalidateSession.do?code=CDIRESELLER&rid=R002
Equifax
P.O. Box 740256
Atlanta, GA 30374-0241
http://www.equifax.com/online-credit-dispute/
You should allow about a month for the process to take place. But the credit agency is required to take action within 30 days and investigate the reported dispute. If they find out that they should make changes to your credit report, they will do so and send you detailed documentation that the problem has been fixed. If they cannot confirm that the inaccuracy is valid, they will contact you with information on why they could not change the entry you disputed.
The good thing about working directly with a credit agency is that they will also contact the other credit agencies so the problem entry will be fixed in all three credit reports. They will follow up with the company that was affected by the change to alert them that they changed your credit report also. This is one benefit of checking your national credit report. You can even take the correction to the next level by asking the credit agency to contact anyone who has asked for your credit report in the last few months and give them an updated report. This can go a long way to fix issues with your credit that come out of mistakes or flaws in your credit report.
Even if the credit agency cannot fix the problem on your report, you have actions you can take to record that you disputed the item. You can have a note put on your credit report that relates to the disputed item that briefly documents that you think that entry is incorrect. That argument can help reduce the damage of problem entries when companies you want to do business with check your credit.
Another approach is to contact the company or institution that is responsible for the problem entry and dispute it through them. If you can make progress getting that institution to recognize that they put that entry on your credit report in error, they may be willing to contact the credit boroughs and make the correction.
Use the same attention to detail that you employed when you filed the report with the credit agency. Your documentation that you kept in that first effort can be used again to file a complaint with the company that has put a bad entry on your credit file. By sending the letter certified and following up on the request diligently, it is very likely you can get the disputed item removed from your credit report.
Its hard work but its worth it. When you get your credit report cleaned up, you will find that you will see the results in a better credit rating and the ease that you can get credit for the purchases you need to make. But even after you have achieved success, you must continue to be diligent to watch your credit report each year to make sure that once it is in good shape, you keep it that way.
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