Posted by William Charles on November 4, 2013
Credit Repair

Published on November 4th, 2013 | by William Charles

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How To: Remove Negative Items From Your Credit Report

credit report disputeIt’s not unusual for an item on an individuals credit report to be incorrect. Getting this information changed and updated can be a hassle, but is well worth doing as it may be effecting how eligible you are for new credit and the current rate of interest you’re being offered. Which is why we’ve put together this handy how to guide.

Remember, you’re allowed access to your credit report for free every twelve months from each of the consumer reporting agencies.

We recommend contacting both the creditor (the company that has reported the incorrect information) and the consumer reporting agencies (one of the three companies [Equifax, TransUnion & Experian] that maintains credit reports) that show this incorrect or inaccurate information.

Consumer reporting agencies have a period of thirty days to respond to these complaints (please note: if you requested a free copy of your credit report through FACTA then these agencies have a period of fourty-five days to respond).

Credit Report Disputes Online

All three of the consumer reporting agencies now have online facilities that allow consumers to dispute negative credit items online. Use the following websites to start the dispute process. You’ll need a copy of your credit report, along with any supporting evidence which proves that the negative item is incorrect or inaccurate.

Credit Report Disputes Via Phone

It’s best to use the phone numbers found on your individual credit reports as these will be the most up to date numbers, as the consumer reporting agencies regularly change these numbers.

  • Equifax: (800) 864-2978
  • TransUnion: 800-916-8800
  • Experian: (888) 397-3742

Credit Ceport Disputres Via Mail

To do so an individual must send a letter of dispute along with supporting evidence. It’s then up to the creditor that provided this information to prove it’s correct within 30 (45 if the incorrect information was found via a free credit report) days of being notified.

Both Equifax & TransUnion require you to complete their forms and mail it in.

Equifax form can be found here here and TransUnion here.

Sample Credit Bureau Dispute Letter

Below we’ve provided a sample of what a dispute letter should look like.  It’s also a good idea for the individual to include any supporting information they have (such as a receipt for a credit item that is marked as unpaid), this will help to speed up the process. You’ll need to replace the information found in [ ] brackets with your own.

[Date]
[Your Name]
[Your Address]
[Your City, State, Zip Code]

[Complaint Department]
[Name of Credit Bureau]
[Address][City, State, Zip Code]

 

Dear Sir or Madam:

I am writing to dispute the following information in my file. The items I dispute also are encircled on the attached copy of the report I received.

This item [identify item(s) disputed by name of source, such as creditors or tax court, and identify type of item, such as credit account, judgment, etc.] is [inaccurate or incomplete] because [describe what is inaccurate or incomplete and why]. I am requesting that the item [be deleted or request another specific change] to correct the information.

Enclosed are copies of (use this sentence if applicable and describe any enclosed documentation, such as payment records, court documents) supporting my position. Please reinvestigate [this/these] matter(s) and [delete or correct] the disputed item(s) as soon as possible.

Sincerely,

[Your name]

[Enclosures: (List what you are enclosing)]

Credit Bureau Addresses

Equifax:

Equifax Information Services LLC
P.O. Box 740256
Atlanta, GA 30374

TransUnion:

TransUnion Consumer Solutions
P.O. Box 2000,
Chester, PA 19022-2000

Experian: 

Experian
P.O. Box 4000
Allen, TX 75013

Unhappy With The Result?

If you are unhappy with the result of the credit bureaus investigation, then you can file a complaint with consumer finance. To do so:

  1. Visit http://www.consumerfinance.gov/complaint/
  2. Click “Credit Reports”
  3. Complete then submit the online form

You can also contact the FTC or your local legal Representative.

Successfully had items removed?

If you’ve succesfully had negative items removed from your report it’s worth asking your current creditors if they can reduce your interest rates on loans. This is because you may have previously been in a different risk category and are now less risky due to this incorrect information being removed.



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ColinC

This article was very useful. I had a bank do a hard pull when they told me they were going to check if I pre-qualified. The bank agreed to remove the inquiry but never did and I disputed that with Experian. Experian, however refused to remove the inquiry with the reason that the bank had “permissible purpose”. Filing a complaint with the CFPB with the bank manager’s promise was enough to make them remove it.

lesley rhode
lesley rhode

I had a situation where my former landlord put all these charges on my credit saying I damaged the apartment and I left early, none of which is true. I was exploring the lawsuit option but in the meantime, I was not able to rent an apartment because of this and it destroyed my life. I didn’t feel I had to pay for something I did not do. they can neither validate nor show any proof of damages. I was informed a ethical hacker helps people in cleaning credit which I am so happy about. I tendered my problems to them and they removed all damaging info on my credit. It took them a couple of days to get my credit cleaned and it’s such an amazing feeling to be finally free from all that problems I had. THIS IS CREDIT REPAIR SERVICE AT ITS BEST(contact details: youdoneedgreatcredit @gmail.com).

Alex Morris
Alex Morris

Since I reached adult hood my credit has been poor due to having a serious medical condition and being raised in a struggling family without proper medical insurance. Even though I’ve worked hard my whole life I could never get a handle on my credit situation and never had the opportunity to prove my credit worthiness. Desperate to have good credit I’ve been taken by scams promising to clean my credit up and after thousands of dollars I never see change.Reluctantly I made a reach to youdoneedcredit {at} g-m-a-i-l {dot} com to help me as i had no other option with their promise to clean my credit up and they did just that! In just a couple of days they proved they stand by their word! I wish i found them earlier. They are professionals and are relentless to get things straightened out. I highly recommend them to anyone who does not have the time or wherewithal to stay with a very tedious process.

Audisha Polini
Audisha Polini

where do i start?… Just filled with joy right now, never knew my credit could be revived/repaired this fast, not at all. I just decided to search online with blind faith that i was going to find someone or something that could help. Shortly i came across firewall breach expert @ gmail . com. He not only erased my evictions but also boosted my credit scores to golden scores. Forever grateful

Poker pro
Poker pro

I had tax filed for money i did not owe. I had them removed from trans and exp very easily. Equifax on the other hand refused to delete it through multiple disputes despite providing a letter from the dept of revenue stating i never owed the money… I filed a complaint with the cfpb, but they basically just collect data to find which companies make multiple offenses and couldn’t really help. I have an open complaint with the bbb but fear that will not help either. How can i get the liens with false information removed?

ZiggyZ
ZiggyZ

Check with the US Treasury. They are one of the main branches in the US Gov’t that deal specifically with money coming in/out. When you pay the IRS, it goes to the US Treasury.

Check with them to see i they’re able to find something.

Kc
Kc

File a law suit against them!

Tatiana

Yep, sue them and you will win plus they might pay you just so you shut up.

Donald
Donald

I had a few things on my reports. They are loans i had when we were stationed overseas. I was medically discharged but the items went into collections because we were unable to pay them anymore. I had perfect credit until this happened. I wanted to buy a house but my score is keeping me from obtaining my VA loan. I informed one of my co-worker and asked how he got his score improved when he had similar issue. He told me he had to hire a professional with decades of experience who understands FICO (captain spy) I don’t really understand how it works until I contact him via his gmail (captainspyhacker2 @gmailcom) myself, he explained the whole process and promise he would help us solve our credit issue within 3-4 days, I was a bit paranoid at first thou but I acted like a man (Lol) we both agreed on a deal and to my greatest surprise he did a tremendous job on my credit. All items/collections were removed and my scores jumped to 810 consider as excellent by FICO. I re-apply for the House and was granted, we have been living happily in our new house for more than 2 years

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