You must obtain your credit report from the three major credit bureaus Experian, Equifax and Trans Union. A customer is entitled to one free copy of the credit report each year.
Once you have these reports, you will need to carefully analyze all the negative items in them. Check all negative items that you feel are inaccurate and can be disputed. Also look for any items that date back 10 years or more.
Now you need to formulate a letter of dispute outlining all the negative points that you would like to dispute. Any incorrect item on the list may be accompanied by a copy of the receipt that proves your side of the story. A similar letter needs to be written to the credit company that had reported that item. For old items, each item has a time limit, so if you tell the credit bureau that it’s too old, they can delete it. A client should also check if these errors are present in a single report or in more than one report. If it is more than one report, a similar letter should also be sent to the other credit bureau.
These letters must be sent by certified mail with a return receipt requested. This will ensure that you have proof that the mail has been received.
Once the dispute is investigated, it will be removed if confirmed. A good credit report is an asset in today’s world, as our world revolves around credit. Many want to repair their bad credit history. This requires a lot of sacrifice and a big lifestyle change. This article will guide you to get a better credit report in the shortest amount of time.
