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Credit Report Errors (continued…)

When must I dispute credit card bills?

You must send the letter within sixty days of the date of the credit card bill and send it certified mail, return receipt requested. The creditor has thirty days to acknowledge receipt of your letter. You may withhold payment for a disputed item on the credit card bill (not the whole credit card bill, just the item you are disputing) if:

• the charge is over $50 and
• the store is within one hundred miles of your residence or is in your state.

Before you do so, you must:

• first attempt to resolve the billing dispute with the store the item is from and
• inform the credit card company in writing about the dispute.

Will my credit card account be delinquent during the credit card bill dispute?

The credit card company cannot report your account as delinquent while the dispute is being handled, and they must resolve it within two billing cycles (or ninety days).

Check all bills for errors – always write a letter!

You should always check your bills (credit card bills or otherwiese) for errors. Make sure you are being charged for services or goods you used or purchased. If you find an error on a bill, it is ok to call about it, but always follow this phone call up with a letter to document the problem and your telephone call that reported it.

How to deal with Collection Agency?

A disputed bill is often sent to collection. The first thing you can try is a letter to the collection agency telling them to cease and desist contacting you and that you will only deal with the original creditor. However, this usually does not work. The next step, if you are disputing the bill, is to send a request for validation of the debt.

How to check your credit reports?

When checking your credit reports from the three major credit reporting bureaus, compare your information on file to the information on your three separate credit reports. Check everything, from account numbers to high balances to payment dates. To compare some of this information you are going to have to sort through some of your old records.

If the items on the Credit Report are favorable, do not worry too much about cross-checking them (unless they are accounts that are closed, but are not listed as closed). If they are negative, you should examine them very closely for errors.

Disputing bills on your Credit Report

Credit card bills is among one of the top reasons why people file Credit Report disputes. If you find errors on your Credit Report regarding your credit card bills, you should know how to resolve the Credit Report errors. Resolving these credit card problems before they affect your Credit Report is the simplest and best way to maintain good credit.

Credit cards errors on your Credit Report

If you find an error on your Credit Report on a current credit card bill (not credit reports, but an actual bill from one of your credit cards), you need to:

• contact your credit card company directly. Credit reporting agencies do not handle these credit card disputes, and
• send a letter to creditor regarding billing error.

A phone call is not the way to handle Credit Report disputes or credit card disputes. You need to put it in writing for the Fair Credit Billing Act to cover you on this situation.