Write a letter to the credit reporting company with the information believed to be inaccurate and include copies of documents to support the claim, advises the Federal Trade Commission. The entity that provided the inaccurate information to the credit reporting company should also be notified in writing of the possible inaccuracy.Continue Reading
Credit errors are occasionally cleared up by contacting the creditor, notes Credit Karma. It may be necessary to file an official dispute with a credit bureau or data furnisher. Going to a credit bureau is convenient and makes sure a notation of the dispute is included on future credit reports if the situation isn't handled satisfactorily, but there might be an intermediary involved in the process or a delay if the credit bureau has to get in touch with a data furnisher. Filing a dispute with a data furnisher is the ideal option when the dispute is directly related to specific credit account details, but the dispute may only be accepted if sent through the mail.
Disputes should be followed up on, recommends Credit Karma. Disputes have to be looked into anywhere from 30 to 45 days of the credit bureau or data furnisher receiving the letter. Both are required to send consumers a notification of the outcome of the investigation.Learn more about Credit & Lending