Credit Dispute Letters Bad Credit Repair

Per the Fair Reporting Act or FCRA, any consumer is allowed to dispute negative or questionable items found on their credit report. If you are faced with a situation such as this, part of your credit repair would be to write a credit dispute letter to the credit bureaus. The purpose of this letter is for the bureau to verify the item or delete it from the credit report. Writing a credit dispute letter is a good way to fix your credit.

The first thing you need to do is to get a copy of your credit report. You may want to get it from all three credit bureaus. When you find the errors or questionable items, look at the information carefully. If it’s something that should be disputed, note that next to the entry. Part of dealing with credit repair has to do with checking for errors and accuracy.

Put all of the entries in question on a separate sheet of paper. It’s important that you copy every piece of information from the credit report. Then write to all three credit bureaus, even if all of them don’t list the erroneous entries. This will help them not to include it in future credit reports.

Some people probably don’t think that letter writing is a significant part of credit repair, but it is. When you address your dispute letters, you will have to do them separately, as in one item for each letter. If you don’t the credit bureaus may not take much interest in your letter.

If the credit bureau refuses to acknowledge your dispute, you can remind them that by law, they are obligated to assist you with your request. They have to look into your queries to see whether or not adjustments should be made on your behalf. As you work on your credit repair strategy to fix your credit, provide the credit bureaus with a short synopsis of what you need. Make sure your correspondence is in good English format. Also, if you have documentation supporting your dispute, you can send that along with your letter.

When doing credit repair with written correspondence, your letter should also be formatted correctly. This makes sense for when you write a credit dispute letter The margins on each side of the page should be the same length. When you’re ready to send your correspondence, send it return receipt requested or registered mail. It would be easier to just use a first class stamp, but the likelihood of it getting lost without much of a trace is greater than if you used one of the first two methods. They only cost a few dollars and they’re worth the effort. In addition to that, do not forget to make copies of your correspondence so that you can refer back to them.

Skip the long-drawn out explanations. When they get the letter, the important thing for them to know is the brief particulars. They will have to look into your concerns of disputed items from your credit report in order to verify your claim or advise you that the item posting is correct.

With credit repair, it’s important that you are precise about the information regarding the disputed item.

Need a credit repair letter? Is lousy credit preventing you from getting that house, car or other things you always dreamed about? Have you spent sleepless night’s wishing you could repair your damaged credit without it taking years or even decades?

Poor credit translates into high interest rates on credit cards, vehicles and other major purchases. Such high interest rates inevitably devastate your financial well being forcing you into financial ruin. Don’t let an unhealthy credit score continue to ruin you life, a healthy credit score can be your key to financial freedom.

You can say good-bye to Foreclosures, Bankruptcies, late payments and other derogatory items that are lowering your credit score. All you have to do is formulate the right letter! A unique letter that works!

Following are some tricks and things to keep in mind when doing so, over the years I have used them to formulate many successful letters that have removed all items mentioned above.

* Credit bureaus are bound by the FTC to validate a debt within a 30-day time frame and if they can’t, it has to be removed.

* Credit bureaus are afraid to be sued and would rather remove a debt than be dragged into small claims court.

* Credit bureaus are bound by the FCRA.

* Credit bureaus receive thousands if not millions of dispute letters each day.

* Ask the credit bureaus to validate the debt to it’s entirety.

* Be specific in what you want the credit bureaus to do with the debt if they can’t validate it, such as: Remove or Update The Info

* Be original in your letter and what ever you do don’t use a form letter off the Internet.

* Let them know that you are prepared to take legal action under if they don’t correct the info.

* Address each letter individually to each credit bureau.

* Send the letters certified mail, return receipt requested.

* Include a color copy of both your social security card and drivers license

OK so with these tips in mind an effective dispute letter might look something like this:

Date

To: Bureau Name and address

Re: Update or Delete Info

Date of Birth:

From:

Your Name

Your Address

Attention: Consumer Fraud Department, “Thank You for your Prompt Actions”

Reference #

Date Report was issued: From bureau

As indicated above my information may have changed in your files since my last confirmation dispute, please apply all changes to the information above.

I am disputing several items on my credit report due to fraudulent activity. Some items on my disputes still reflect on my credit file and I ask that you investigate each account to its full entirety. I am listing the accounts I wish to dispute below.

NAME OF CREDITOR/COURT ACCT # OR DOCKET # Opened date:

“This account does not belong to Me, Possible Fraudulent account using my name & SSN to establish credit” DELETE this from my credit file per Section 4752 & Stated by Section 1785.11 & S-623 (a) Paragraph (4) California New Legislation signed by governor on 2/24/2006, Chapter 10 A.B. 424. Inaccurate I am a JR.

DISCLAIMER

The following inquiries listed below I’ve never applied for either in Writing, Verbal or Initialed. Please delete from my credit file immediately!

LIST ALL INQUIRIES THAT ADVERSELY EFFECT YOUR FICO

DISCLAIMER

The following names listed below I’ve never used to obtain credit and was placed incorrectly on my credit file. Please delete from my credit file immediately!

LIST ALL NAMES NOT BELONGING TO YOU

Please note that I am aware of such information which reflects on my credit file may vary different, however are similar. I will pursue legal action if my request has not been fulfilled in the manner in which it has been requested. I have fully investigated my rights in this matter. Under the doctrine of estoppels by silence, Engelhard vs. Graven (Mo) 281 SW 715, 719, I may presume that no proof of the alleged debt, nor therefore any such debt, in fact exists.

I appreciate your professional cooperation in advance; I am looking forward to a prompt response from your fraud department.

Sincerely,

Your Name

Cc: Experian, Equifax, Trans Union, F.T.C.

(The above letter is an actual letter I use all the time to get negative items removed and is one of the most successful.)

OK so now that you formulated a well written and thought out letter you can proceed to send the letter. You will receive an answer back within 30-45 days. Remember that when you launch a credit scrubbing campaign on your own to keep in mind that it can be a long and tedious process.

You will have to keep track of all letters and respond back to each you receive from the bureaus in order to be successful. If you are not in it for the long haul and not ready to see it through to the end you might want to reconsider doing it yourself. Even though the above letter is successful, you will have to formulate one particular to your individual case, make sure and be original to every response you receive from the bureaus also. Good Luck! with your credit dispute letter!