Disputing Your Credit Report

If you find a credit report mistake, it’s important to take action immediately because the consequences of the mistake can impact your applications for credit cards, car loans, mortgage or rent, and even employment.

Steps to Correct a Credit Report Mistake:

First, you need to write to the consumer credit reporting company outlining the inaccurate information and provide copies of any documentation to support your assertion. Next, you need to write to the creditor and supply the same information. Make sure to send your letters via certified mail, and to keep copies of both the receipts and the letters.

The credit reporting company has a duty to investigate your complaint, and to notify you of the result. If your credit report has changed because of the dispute, you are entitled to another free credit report. In addition, the company is required to send a corrected report to anyone who has requested your credit report in the previous six months – but only if you ask them to do so.

If you continue to have problems with your credit report, or if an inaccurate credit report has adversely affected you, you may have cause for legal action. An attorney with experience in fair credit practices can file suit on your behalf against credit reporting agencies, creditors, and debt collectors who report false information. The attorneys at Lemberg & Associates know how to work with companies to restore accuracy to your credit report.