How do i write to the credit monitoring companies to ask to have something removed from my credit report?
Jul, 2010 in Build Your Credit, Dispute Credit ReportI had a Bankruptcy over 10 years ago. I recently bought a car and the Bankruptcy is still appearing on my credit report. I was still able to buy the car by showing my Bankruptcy discharge papers.
The car dealership told me to write to the 3 major credit companies and ask to have this removed from my credit report. Any one out there ever done this?
Go to annualcreditreport.com
Go to each report and dispute the item.
Note: The item may only show on 1 or 2 of the reports.
Dispute it by saying “Over the SOL – please remove”.
You will receive confirmation of the change either by mail or by email.
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Get a copy of your credit report from the auto dealer you purchased your car from.
The address to each of the major credit bureaus should be on the credit report. Simply tell the bureaus that your bankruptcy is past 10 years old. You should also send a copy of the bankruptcy discharge papers.
Remember that you must write each bureau and send the bankruptcy discharge to all three.
I hope this has been of some benefit to you, good luck.
“FIGHT ON”
Under FCRA ยง605 (a) and (b), an account in collection will appear on a consumer’s credit report for 7.5 years. The clock starts approximately 180 days after the date of first delinquency on the account. To learn when an account will be removed by the credit reporting agencies (TransUnion, Equifax, and Experian), add 7.5 years to the date of first delinquency. Subsequent activity, such as resolving the debt, is irrelevant to the seven-year rule. A bankruptcy will appear for ten years from the date of the final order. This date will be important for you to find out to help you dispute any potential inaccuracy.
The Fair Credit Reporting Act (FCRA), a federal law, requires consumer credit reporting companies to report accurate information. If you find any inaccurate information in your credit report, you should dispute the credit report listing with the bureau in question.
The Federal Trade Commission lists the following steps as the appropriate method for resolving credit reporting inaccuracies:
Step 1: Get Your Credit Report
An amendment to the FCRA requires each of the nationwide consumer reporting companies — Equifax, Experian, and TransUnion — to provide you with a free copy of your credit report at your request once every 12 months. . To order, visit AnnualCreditReport.com , call 1-877-322-8228, or complete the Annual Credit Report Request Form and mail it to: Annual Credit Report Request Service, P.O. Box 105281, Atlanta, GA 30348-5281
Step 2: Correct the Errors
Review the report and compare the information it contains to information you know to be accurate. In particular, make sure the report contains your accurate:
Step 3: Contact the Consumer Credit Reporting Company
Tell the consumer reporting company, in writing, what information you think is inaccurate. Include copies (NOT originals) of documents that support your position. In addition to providing your complete name and address, your letter should clearly identify each item in your report you dispute, state the facts and explain why you dispute the information, and request that it be removed or corrected.
Step 4: Dispute Errors
Many providers specify an address for disputes. If the provider reports the item to a consumer reporting company, it must include a notice of your dispute. And if you are correct — that is, if the information is found to be inaccurate — the information provider may not report it again.
There are three major credit bureaus that offer credit reports:
Equifax
1-800-685-1111
http://www.equifax.com
Experian
1-888-397-3742
http://www.experian.com
Trans Union
1-800-916-8800
http://www.transunion.com
Please see the link that says “dispute_letter” to give you an idea of how to dispute the inaccuracy on your credit report.
I hope this information helps you Find. Learn & Save.
Best,
Bill
http://www.bills.com/blog/
On your computer, type your name, your social security number, and the sentence “I dispute the following entries on my credit report because they are outdated and should no longer be included”. List any bankruptcy that is over 10 years old and any other negative information that is over 7 1/2 years old, except unpaid tax liens. Print three copies. Sign them. Send one to each credit reporting agency (credit bureau).