A credit dispute letter is the very first step to cleaning up credit report errors. When you send your dispute letter to the credit bureaus it’s how you can say: “Hey, there is an item on my credit report that is incorrect. Will you please look into this and remove it from my credit report.”
The Fair Credit Reporting Act is the federal law that gives you the right to do this. This law was passed by Congress in 1970. It gives every citizen the right to dispute credit report information that they believe is incorrect, inaccurate, and an error. Below we have a sample credit dispute letter, along with three tips to help you craft an effective dispute letter that gets results.
1. Dispute All 3 Of The Credit Bureaus
It is vital, that you first get your credit report. Make sure, it is an updated copy of all three of your credit reports. Each of your credit dispute letters needs to be specific and personalized for each credit bureau. You have three credit reports. One credit report for each credit bureau (Equifax, Experian, and TransUnion).
This is important because each of your credit reports will often contain different information. The credit bureaus will not be happy if you send them a dispute letter for information that is not on that specific credit bureaus credit report.
In other words, when you dispute items on your Equifax credit report. You need to write a dispute letter specifically for Equifax. Then, when you dispute items on your TransUnion credit report you need to create a new dispute letter specifically for TransUnion.
2. Be Direct and Professional
This sounds like common sense, but the credit bureaus do not care why you had economic difficulty. Instead, explain why the item is not correct. For example:
- The account is paid in full
- Not my account
- Incorrect dates of last activity
Please, avoid letting your emotions get into this letter, be professional and direct with your wording. Don’t forget to ask the credit bureaus for exactly what you want. If you want them to remove an item from your credit report, then say exactly that.
3. Send Documentation
We recommend, that you send a copy of your credit report with the item you are disputing highlighted or circled. Additionally if you have any supporting documentation send that as well.
The idea, is to make it as easy as possible for the credit bureaus to do what you want. If you create a professional and authoritative dispute letter, your chances of success will improve tremendously.
Sample Credit Dispute Letter Template
Your City, State, Zip Code
Name of Credit Bureau
Credit Bureau Address
City, State, Zip Code
To whom it may concern:
I am writing regarding a serious problem on my credit report. Currently you are reporting the following items and I request that you remove them from my credit report:
1. Negative item
2. Negative item
3. Negative item
These items have been circled on the attached copy of my credit report. The information you are providing potential creditors is inaccurate and in error. Please kindly conduct your re-investigation of these inaccurate items. I expect that your re-investigation and correction of these inaccurate items will be concluded within the 30 day time period allowed by law.
We strongly recommend that you send your dispute letter using certified mail. This way you will have documentation that the credit bureaus received your dispute letter. For more credit help get a free credit consultation by calling toll-free 1-877-418-7596. For more tips and strategies with Dan Willis sign up for our free newsletter.
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