How to Dispute Bad Credit

dispute bad credit

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Get Your Credit Report

Once you have received your credit report and noticed that there is an error, outdated listing or a bad listing that does not have anything to do with you, it is important to look over the details and dispute these mistakes first.

Make sure that for each listing on your credit report, you check the personal identification information. Often, a listing that is not yours can end up on your report because it seems to match up with your details. If you dispute these types of errors first, other mistakes on your credit report will no longer match your file. Resource: Experian Free Credit Report

Make A List Of Items To Dispute

Once you have made sure that each of the incorrect personal detail listings are accounted for, it is time to look at all of the other damaging details on your credit report. List these from most damaging right down to neutral. For instance, a bankruptcy listing is far more harmful than a late payment or credit rejection.

Once you have all of the necessary disputable listings set out in front of you, begin writing your first letter of dispute. Address each of the three credit reporting agencies, even if these disputable listings only appear in one or two of the reports. If you address the three reporting agencies with a letter of dispute for each questionable listing, it will ensure that, later on, these items do not appear on your other credit reports.

Send Each Dispute Separately

You must list out and separately send all listings, apart from incorrect personal data disputes. If you try to dispute several items at once it is likely that the agency will reject your claim on the grounds of it being irrelevant. At this point, you should be prepared for the credit reporting agencies to complain or even threaten that your request for a dispute on the items are frivolous or even illegal. This is untrue, credit reporting agencies must, by law, investigate and accept all disputes unless they have evidence to prove otherwise. So don’t give up.

Personalize Your Credit Disupte Letters

When writing the letters of dispute, you should consider handwriting them rather than typing them out. Make sure you use strong words that make it clear to the credit reporting agencies that the mentioned listing is being disputed. Examples of these words are erroneous, outdated, misleading or unverifiable. Do not spend time explaining things in your letter of dispute, as they’re not useful. When the reporting agency receives your letter, they must then investigate the listing.

If you are unsure of the format of dispute letters, copy or downloaded samples by simply doing a search on your favorite search engine. These samples give you a good idea on how a dispute letter format and details to get the maximum effect.

Timeline of Credit Disputes

It will take between 2 weeks to a month to receive a reply from the credit-reporting agency. They will let you know that your letter has been received and your dispute is being investigated. After a further 2-4 weeks, you receive a new credit report from the reporting agency. This will confirm that they removed it from your report.

Once you receive the updated credit report, you can then address the next dispute. Do this until you have had all of the disputed.

Sometimes, credit reporting agencies are slow to respond or choose not to respond at all. If this is the case, you will need to send another letter to them. Remind them that they must, by law, address your dispute.

Bad Credit Dispute: In Conclusion

Disputing items on your credit report is no easy task. You will need a great deal of patience and you will also need to be persistent and not give up. Remember that the credit reporting agencies are required by law to investigate your disputes. So, don’t let them bully you into thinking that it is not possible to remove disputes.

Some people don’t have the time and are having difficulties with the credit reporting agencies. There are legal services available that will dispute the items professionally for you at a small fee through proven methods. At Pivot Credit Repair, we not only help fix your credit score but educate you so that you can keep a higher score. In fact, most other credit repair companies don’t like us because of this. We empower our clients to become credit experts instead of keeping all the information to ourselves. This is the simple difference between having a mission that focuses on helping people versus just making money.

Schedule an appointment with one of our experts and we’d be happy to help you 🙂

About Pivot Credit Repair

Pivot Credit Repair helps individuals gain the financial clarity and credit repair assistance they need to achieve their goals. Get in touch for a free assessment today.

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