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  1. 03-15-2010, 03:53 PM #1
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    Magic69
    Magic69 is offline Green Belt  
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    Default Credit Repair 101: How to dispute an item on your credit report legally

    PrivacyRights.org - Sample Dispute Letter to Credit Reporting Agencies

    FTC.gov - How to Dispute Credit Report errors + Sample Dispute Letter

    Highlights:
    1. Tell the consumer reporting company, in writing, what information you think is inaccurate.
    2. Tell the creditor or other information provider, in writing, that you dispute an item.
    3. When negative information in your report is accurate, only the passage of time can assure its removal. A consumer reporting company can report most accurate negative information for seven years and bankruptcy information for 10 years.


    The link above to the FTC's website has some pretty good, basic information about how to send a dispute letter to both credit bureaus and creditors. If you are new to credit repair (even if you are going to hire a professional), it is worth a quick look.
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  2. 03-24-2010, 02:07 PM #2
    arlethjones
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    wow..thanks for this...it does help!
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  3. 03-16-2011, 07:04 AM #3
    credit-one
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    Thanks for the info magic. I believe that all mistakes should be taken up with the lenders first of all, as it is them that feed information to the credit reference agencies. If you find that you're not getting the right response you should definitely contact the credit reference agencies.
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  4. 03-11-2012, 12:55 PM #4
    famlidebtrelief
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    There is so much misinformation out there that some people still have a hard time believing that they can repair their credit. The truth is that literally millions of items have been removed from consumers' credit reports legally and permanently since the Fair Credit Reporting Act was passed in 1971.

    According to the latest figures, the average American has a credit score of 677. If that same individual's credit score rose to just 720, that family could save on average $421 per month, or $5,052 per year on house payments, car payments, credit cards, etc. Over 20 years, that's more than $100,000! And if your score is lower than 677, then you have even more to gain.

    Bottom line is that GOOD CREDIT =LOWER PAYMENTS + MORE OPPORTUNITIES.
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  5. 03-29-2012, 08:34 AM #5
    cbhattarai
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    Thanks for sharing all these. I am here in thins forum to know more about laws of Credit card and what every thing..
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