Credit Repair

How To Write And Follow Up Credit Repair Dispute Letters?

You need to be very careful when you write credit repair dispute letters. There is a set procedure that you need to follow in this regard. Make sure that you are well aware of the laws that regulate this type of cases. The laws have provided you certain legal rights. For example, you have the right to get a copy of your credit report from each of the three major credit agonies free of cost at least once every year. The three major credit bureaus are Equifax, Experian, and TransUnion. Besides that, you also have the right to file a dispute in cases where you notice some errors on the reports. Though you have an option to file your disputes online through web forum, but FTC recommends that you should do it in writing manually. Written disputes allow you to provide everything in good detail. Besides that, you also get a chance to attach documents in support of your claim. This way, written disputes actually accelerate the process and you have a better chance of success with this. Following is a step by step guide on how to write and then follow up with such letters.

Customize Your Letters To Each Bureau

When it comes to writing credit repair dispute letters, the first thing that is very important for you to keep in mind is that you are very much likely to come across different types of information on the reports from different bureaus. If that is the case with you, you will have to write a separate letter to each bureau and each of your letters must be thoroughly customized to that specific bureau. You can visit the official websites of the credit agencies to find their postal addresses. Make sure you insert proper address on each letter. If you find that there are errors on two reports while the report from the third bureau contains correct information, you do not need to send the dispute letter to the third bureau. Instead, you can attach a copy of the correct report with your dispute letters that you sending to the other two bureaus. The correct report you are attaching will work as a proof of your claim.

Include The Details Of The Errors In The Body Of The Letter

In the body of the credit repair dispute letters, you have to include a detailed list of the errors that you have noticed in the reports. You will also have to explain your reasons why you are disputing the entries in question. Do not forget to attach a copy of the report that contains errors. It will be better if you mark the entries that contain errors. Whatever information you provide to them while explaining your reasons for dispute must be accurate and precise.

Attach Proofs

While you are writing credit repair dispute letters, you can maximize your chances of success while attaching certain documents in proof of your claims. Remember, you have to attach the copies of those documents, not the original ones. Keep the original documents safe to yourself; you may need it in future. For examples, what if your letter gets lost in the mail? If that happens, you will be left with no proof to support your claim. Some of the documents that are often attached as proofs include payment receipt, cancelled checks, bank statements, credit card statements, and other such things.

When you are finished writing credit repair dispute letters, do not forget to sign it with your full name, date, and your social security number. Once you dispatch the letters, you should expect a response from the credit bureaus within 30 days. If you get no response within that time period, you will have to follow up with another letter, which I will explain in the next article.


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Posted in Credit Repair, Fix Your Credit | 1 Comment »

One Response to “How To Write And Follow Up Credit Repair Dispute Letters?”

  1. scott says:

    Plastic money has given us the term Credit Score which is very important for every one. The credit score is the measurement of our financial regularities and our financial background. It shows us that how punctual we are in the area of finances. The three major credit bureaus provide us credit report, which we can easily get from them and that too absolutely free of cost. We should always try to study our credit report thoroughly at least once in a year. If you find any wrong entries in your report, you can file a dispute with the credit bureau but writing the dispute letter is a very unique process and it must be done manually. First of all you have to write a dispute letter to all the three bureaus separately. If you find the correct report of any one bureau, you can attach this report with the letter you are sending to the other two bureaus. It will work as a proof of your claim. Credit repair dispute letters must include the detailed list of the errors, you find in the report. You can attach a copy of report with high lighting the wrong entries. You should attach some photocopies of the proofs.

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