How to Dispute Discrepancies on Your Credit Report

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The odds of there being error on your credit report are pretty good.  Errors do occur frequently, but they can also be fixed.  Here is the recommended way to dispute errors with the Consumer Reporting Agency.

Disputing the error online is the quickest and easiest way. You may also do so by phone or mail. See the pages linked above for more information.

If you have any questions, would like to discuss your financial challenges, or are just looking for advice, please call us at your convenience. As always, we are here to help and look forward to hearing from you.

1-877-OUT-DEBT (688-3328)

www.DebtReductionServices.org

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    Absolutely, you are welcome to use this information in your article. Thanks and we are glad you found it helpful!

    Reply

    Can I mention a few of the information in your article Disputing Credit Report Errors in my article?

    I discover a whole lot of valuable information.

    Reply

    @John

    Your concern and observation regarding credit report errors are common and understandable. It’s easy to place our frustration at the feet of the most obvious player in the issue: the Consumer Reporting Agencies (“CRAs,” with Experience, TransUnion, and Equifax being the best known). After all, they are the windows through which we can gaze upon the credit reporting world, right?

    However, it’s also important to keep in mind that the CRAs report the information that is submitted to them by the creditors themselves. So, if there’s an error on our credit report (which is the case for about 75% of all reports, although most of those are fairly benign), it usually originates at the creditor level. These errors might be reporting errors regarding account data (payment history, balances, etc.) or they might be a simple transcription error. In fact, if we misspell our name when applying for an account (e.g. using an online application) or if our handwriting is not the neatest and leads the loan processor to misspell our name, the origin of the “error” may actually lie with us.

    Regardless, the error dispute, although initiated through the CRAs, will often need to eventually be addressed at the account level with the creditors themselves. Still, that process starts with the CRAs’ error dispute options on their home pages.

    Regards,

    Todd

    Reply

    I am simply shocked at the number of fraudulent claims I found in my report. If the accuracy of these reporting agencies is both as flawed as some websites report and the content of these agencies is used to determine relevant credibility by banks and employers, there is a serious breach to the integrity for which they stand.

    Federal laws can only provide so much protection to the agency; it would suggest that the entire board of directors for these companies may be at considerable risk of negligence lawsuits.

    Reply

    .., i hope this could help many… this issue about how to dispute Discrepancies on Your Credit Report is an important matter in deed…

    Reply

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