For many consumers, finding incorrect information littered on your credit report can be incredibly overwhelming. Unfortunately, you’ll find that these errors can have a considerable impact on your credit score, which in turn, can impact your ability to secure loans and open accounts. As such, you’ll need to write a credit dispute letter to have the false information included in your report removed. Unfortunately, many are unaware of how to write a dispute letter, which is why you’ll want to continue reading. The following blog explores what you should know about these complicated matters and how a San Diego County credit reporting error lawyer can assist you in writing the letter.
What Is a Credit Dispute Letter?
When you discover that there is incorrect information on your credit report, you must submit a formal letter to the credit reporting agencies to dispute the inclusion of these entries. However, it’s important to write this letter in a manner that clearly explains the issues so as to avoid facing rejection because the letter you sent was confusing.
Once you submit the dispute letter, the agency will have thirty days to investigate the claim and issue a decision regarding the matter. Generally, they will either come to the conclusion that the information included is incorrect and remove it from your credit report or they will find that the information is not incorrect, and reject your dispute.
How Do I Write One?
In order to write an effective credit dispute letter, it’s important to understand that you should be as thorough as possible to ensure there is no room for confusion that the information at hand is incorrect.
Generally, the first thing you’ll do is include your personal information, like your name and return address. Next, you’ll address the credit reporting agency, and explicitly inform them that you are disputing the presence of mistake on your account. You should describe, in detail, the mistake and why it is incorrect before requesting they remove it or correct the error.
In addition to informing them that the information is incorrect, you’ll want to include supplemental documents that show why the account is false. This includes a hard copy of your credit report, with the incorrect information highlighted, and any information you have from the original lender regarding the correct details.
Once you have written the letter, you should make copies of everything you are sending, including the supplemental details. You should also send the letter through certified mail, as you will receive a copy that shows the reporting bureau received the letter.
Writing a credit dispute letter can be overwhelming, which is why it’s in your best interest to connect with an experienced credit report error attorney with Barthel Legal. Our firm understands how complicated these matters can be and the impact they can have on your finances, which is why we are dedicated to fighting for you. Connect with us today to discuss the details of your case with a member of our team.
