How to Fix Your Credit Report
HandelontheLaw.com Staff Writer
Credit report mistakes are more common than you might believe, as they can occur from incorrect reporting by a creditor, identity mismatches or other errors by reporting agencies, or even your own mistakes in filling out credit applications.
Fixing a mistake on your credit report is chiefly a matter of common sense and access.
First, order a copy of your credit reports from all 3 major credit reporting agencies: Equifax; Experian; and TransUnion. Federal law requires these reporting agencies to give you 1 free copy of your credit report per year. Obtaining reports from all 3 agencies is important, as they independently amass and keep information about you. Order free copies from all 3 reporting agencies here: www.annualcreditreport.com
Secondly, print each report and review for mistakes.
Third, each reporting agencies allows online disputes:
HOWEVER, in order to protect your rights, you should submit your dispute with written support by certified mail to both the creditor who is reporting the mistake AND to the reporting agency showing the mistake. You can then use the reporting agencies’ links to review the progress of your dispute.
DO’S AND DON’TS
DO order free copies of your credit reports here: https://www.annualcreditreport.com
DO make at least 1 copy of each report and review it for mistakes.
DON’T just dispute mistakes online.
DO submit your dispute with written support by certified mail to both the creditor who is reporting the mistake AND to the reporting agency showing the mistake.
DO check the progress of your dispute for
By Kathy Catanzarite
Note from HandelontheLaw.com: This article is to be used as an educational guide only and should not be interpreted as a legal consultation. Readers of this article are advised to seek an attorney if a legal consultation is needed. Laws may vary by state and are subject to change, thus the accuracy of this information can not be guaranteed. Readers act on this information solely at their own risk. Neither the author, handelonthelaw.com, or any of its affiliates shall have any liability stemming from this article.
CREDIT/COLLECTIONS DOS AND DON'TS