Credit Report Dispute Part One

July 17th, 2010

How do I dispute and correct my Credit Report?

You can legally dispute any inaccurate or outdated information on your credit report. To dispute credit report, you simply write the credit bureaus a letter requesting that they remove the information in question.

What is the law on credit report dispute?

By law, credit bureaus have 30 days to investigate any credit report disputes. If the credit bureaus find the information to be accurate, they will leave it on your credit report. If they cannot prove that it should stay, the law says that they must remove it.

How to make a credit report dispute?

When your order your credit report, the credit bureau will send instructions on how to file a credit report dispute. Nowadays, disputing your credit report is easier than ever. You can dispute information through the credit bureaus’ web sites. You can also call credit bureaus and file a credit report dispute but that is not advisable since you will not have a record of your credit report dispute.

When to file credit report disputes?

If you find an inaccuracy on your credit report, you should dispute the item in question on your credit report immediately.

When is it too late to file a credit report dispute?

As for outdated information, 7 years is the statute of limitations for most credit report disputes. Anything older than that must be removed by law. The big exception is Chapter 7 Bankruptcy, which stays in place for 10 years. All negative information is automatically removed from the report after the appropriate time limit; it’s rarely necessary to request that a credit bureau remove it.