If you find incorrect or inaccurate information on your credit report, you need to take action immediately.
The best way to protect your rights is to send a dispute letter to the credit reporting agencies (Transunion, Equifax, and Experian) and the furnisher of the information. A “Sample Dispute Letter” which includes the address for the three credit reporting agencies is available by clicking the link, below. The dispute letter is an important trigger for a lawsuit under the Fair Credit Reporting Act (FCRA)
Your dispute letter should be as detailed as possible in explaining why the information at issue is inaccurate or incorrect and you should attach copies of any supporting documents. The letter should be sent via certified mail, return receipt requested, to the credit reporting agencies as well as the furnisher of the information. You need to keep copies of the letter, any attachments and anything else you send and the return receipt. If anyone calls or writes you about the disputed information, keep detailed notes to document that contact.
By GianDominic Vitiello, August 21, 2017