Credit dispute letters 101

Well you probably looked at your credit report and - surprise surprise - you found some inaccurate information in your credit report. You can dispute your credit report online or by snail mail. If you decide to send a credit dispute letter by mail, then the following information will help you organize your complaint.

You can use the steps listed below to create your own dispute letter, and to make it easier for your, we've attached a sample credit dispute letter at the end of this article to show you how it all comes together - it's not hard.

 

Item #1 - Identify yourself

First off, a dispute letter to fix an entry on your credit report should be properly identified. It should contain the date, name, address and account number right at the top of the letter as follows. The account number is important for the quick retrieving of your file.

 

January 15th 2015

Adam Spencer

401 Young Street

Account number: 98738993

 

Item #2 - Identify the credit bureau or company you are writing to

Next, staying true to a business letter format, we should list the credit bureau we are writing too under our contact information. We listed the 3 credit bureaus below to make it easier for you to copy the address.

 

Equifax Information Services LLC

P.O. Box 740256

Atlanta, GA 30374

 

Experian

P.O. Box 4500

Allen, TX 75013

 

TransUnion Consumer Solutions

P.O. Box 2000

Chester, PA 19022-2000

 

Item # 3 – Write out your complaint

Next, the information that would need to show is the reason for the dispute. Be brief and to the point. Do not cite credit repair laws to the credit bureaus. They know the laws, and you want to make the letter personal and not sound like a credit repair firm is coaching you. You can either redirect the person that reads your letter directly to an attached document you've sent with this credit dispute letter, or you can explain your credit dispute in your own words.

 

Report what you noticed to be the mistake

"I've noticed that my credit report is showing a payment that was late dating back to November 2012 for $212.15. The information is incorrect as I've made the payment on time. With the proof of my documents attached, I would like the information to be corrected."

 

And then prove it was not your mistake and the information is therefore not accurate by adding as many details as possible in the next paragraph describing the situation, but staying to the facts.

"The item is inaccurate as I've made the payment correctly on October 29th 2012 with my credit card X, showing up as completed as my attached payment history and receipt hereby attached. The due date for the bill was November 2nd 2015."

 

Item # 4 – Identify any documents you are enclosing as  part of your credit dispute -

Identify any enclosed documents included with your letter. The person that reads it should see what documents will be found after the letter and in what order for quick reference. Remember that the process generally goes by quickly, and you want to make things as fluid and be as concise as possible. Circle the important items on your attached documents. DO NOT SEND ORIGINAL DOCUMENTS – they may not be returned to you or they could be lost in the mail to the creditor or credit bureau.

 

Item #5 – Call to action

Finally, ask for a reinvestigation and the actions that you wish taken concerning the accounts and problems that you've outlined.

"I would ask for the reinvestigation of the case as soon as possible and the information to be corrected on my credit report following this dispute."

 

Here is a sample credit dispute letter you can follow that uses the above 5 items:

 

January 15th 2015

Adam Spencer

401 Young Street

Account number: 98738993

 

 

Experian

P.O. Box 4500

Allen, TX 75013

 

 

To Whom It May Concern,

 

I've noticed that my credit report is showing a payment on account X that was late dating back to November 2012 for $212.15. The information is incorrect as I've made the payment in time. With the proof of my documents attached, I would like to dispute and the information to be corrected.

 

The item is inaccurate as I've made the payment correctly on October 29th 2012 with my credit card X, showing up as completed as my attached payment history and receipts hereby attached. The due date for the bill was November 2nd 2015.

 

I would ask for the reinvestigation of the case as soon as possible and the information to be corrected on my credit report following this dispute.

 

Regards,

 

Adam Spencer

 

Enclosures:

-

-

-

By: 
Ben Carson

Article Source: http://quickcreditrepair.com/credit-repair/credit-dispute-letters-101-658

 
Was this article helpful?