How to Clean Your Bad Credit Score by Using a Credit Dispute Letter
Credit cards are now more accessible than ever before. But sadly, these new-fangled cards have also made it easier to make mistakes that can lead to a bad credit score. One way to fix your bad credit score is to send a credit dispute letter. If you want to clean up your credit report, send letters that contest the accuracy of the information in your file.
The Fair Credit Reporting Act (FCRA) gives you the right to obtain a free copy of your credit report once every 12 months from each of the three major credit reporting agencies: Experian, TransUnion, and Equifax. The FCRA also allows you to dispute any information in those reports that could hurt your chances of getting credit or employment.
DoNotPay offers a faster and more convenient automated solution for those who need help cleaning up their credit fast and without hassle or frustration!
What is a Credit Dispute Letter?
Before you can understand how to dispute credit report inaccuracies, you need to know what a credit dispute letter is and the benefits of sending such a letter. The FCRA requires that each of the three major national credit reporting agencies (Experian, TransUnion, and Equifax) provide you with a free copy of your credit report every 12 months. In addition, you can dispute any information that is "inaccurate, incomplete, irrelevant or untimely."
|Know When and How To Use a Dispute Letter||Most credit reporting errors are not intentional, but most creditors aren't going to look out for you. The most common culprits are old debts that have gone unpaid with no explanation. It's generally a good idea to send the letter within 30 days of receiving your free copy of the report. This gives the credit reporting agency time to verify the information and fix any errors within that timeframe. You should check your report regularly and dispute any mistakes you find on it.
If you make your dispute in writing, you'll need to send it by certified mail (return receipt requested) at the address where the credit reporting agencies are located. You can find this information on your free annual credit reports. Alternatively, you could also send them with another reliable method of mailing that has confirmation of delivery.
|Know What Information Can Be Disputed||You cannot dispute all information in your credit report. Matters such as whether the debt has been paid, when it was last paid, or whether you were late making payments can't be disputed because these facts are included in the data "provided by a consumer reporting agency."
However, you can dispute:
Follow These Simple Steps When Writing a Credit Dispute Letter
- Get a free copy of your credit report from each of the credit reporting agencies.
- Review the contents of the report carefully. Make a note of any information that might be incorrect or incomplete, and write down each company to whom you think this information belongs.
- Prepare the letter according to the FCRA guidelines. Include your full name, address, phone number, social security number, the year of the report you are disputing, and a description of why you dispute this information.
- Mail copies of your letter to each creditor named in the disputed information.
- Keep copies of all your letters and phone records.
- Be sure to follow up on each of the letters you send out. The FCRA doesn't require a credit reporting agency to do anything more than investigate your dispute if it receives a copy of the letter within 30 days of receiving your report. So after sending a dispute letter, make a note in your calendar to follow up with a call if you don't hear from the credit reporting agency in seven days.
This is not for you if you want to clean up your credit score fast. We offer a faster and more convenient automated solution! DoNotPay does almost all the dirty work for you, leaving only a few simple tasks that can be done in a few minutes from home or work!
Sue For An Unresolved Credit Report Dispute
Once you've sent in your credit dispute, don't give up. You must continue to pursue the matter and be willing to take it all the way to court if necessary. The FCRA requires that "the consumer reporting agency shall reinvestigate free of charge and record the current status of the disputed information."
If you feel your credit report contains inaccurate information, don't hesitate to keep writing dispute letters or even take legal action if necessary. You can sue in small claims court to recover any damages you suffer as a result of the reporting agencies' negligence.
Write an Effective Dispute Letter With the Help of DoNotPay
A lot of people think that a dispute letter is going to be a simple process, but it's a little more complicated than that. When writing a dispute letter, it's important to provide all of your information and have all of your facts straight. You can't just send letters without any explanation or information because it won't get resolved.
The most common problems with writing a letter are including too many details or providing unnecessary details. Failing to include the right information for the situation is also an issue because the company might not have enough information to do anything about it.
How to clean up your credit report using DoNotPay:
If you want to clean up your credit report but don't know where to start, DoNotPay has you covered in 3 easy steps:
- Search Clean Credit Report on DoNotPay.
- Prepare a recent copy of your credit report that you can use as a reference.
- Let us guide you through the 4 potential options:
- If you've already paid off your debt, we'll help you file a Goodwill Removal Request to get it removed.
- If you notice any errors in your report (we have a list of common errors you can use!), we'll help you file a credit dispute to the creditor or major credit bureaus.
- If there are no errors, we'll check if you're still eligible to file a debt validation request. If they can't validate your debt, they're required to remove it from your report and they can't collect it!
- Lastly, if none of the above options work, we'll help you file a pay-to-delete negotiation letter. You can customize the amount you are willing to pay in exchange for getting the item removed.
You can also check out our other credit products, including Credit Limit Increase, Get My Credit Report, Keep Unused Cards Active, and more!
DoNotPay Works With All Creditors Quickly and Easily
DoNotPay is unlike most other credit dispute services in that it works with all kinds of creditors. Other dispute services only provide information to specific companies, but not DoNotPay! We work with banks, debt collectors, mortgage companies, and even the government to fix your credit report.
DoNotPay is also easy to use. Just log in, select the creditor you want to send your letter to, and follow the prompts until it's complete. A professional template is provided for you with all the information you need already filled out, so there's no need for a long and tedious research process.
Why Use DoNotPay to Write a Credit Dispute Letter
DoNotPay has everything you need to fix your credit report. If you want the simplest and most effective way to dispute facts on your credit report, DoNotPay is what you're looking for. It's fast, reliable, and easy to use!
- Clean up your credit history in less than 5 minutes
- No need to write multiple letters
- Fast and efficient process that works every time
If you're looking for a fast, convenient way to clean up your credit report, DoNotPay is the perfect solution. Get started today!