Dispute Bad Credit
What is this disputing? Disputing simply means taken action against the creditors, making sure they don't forget about you while you go through this process also. Sometimes there may be accounts that don’t belong to you. Your information may get mixed up when reporting to the agency, or to the credit report. Some people have similar names such as a father and his junior son even having a similar social security number could be another mixed up. Any accounts that you find not belonging to you should be removed and there is a dispute letter for that. Even outdated accounts can have a negative impact on your credit worthiness. Now understand the FCRA agencies can keep old account information for up to seven to ten years and bankruptcy may be up to ten years. It may be wise to have old inquires longer than seven years to be removed. Be careful not to remove old accounts that are in good standards. Keeping positive info on your report helps build credit stability and it can be seen by the lenders. Perform the procedure by writing dispute letters to the bureaus for info that doesn’t belong to you, out dated accounts and even accounts that you have paid off. If you wish to make agreement with an agency to pay account in full, you will need to send a letter for that also. All the information about the creditors will be listed on your credit report such as company names; amounts owed, past due, delinquents and so on. Be sure to send your dispute letter to the major credit reporting agency as this is the first process in strengthening your credit report.
If you find any errors that could be hurting your report. You can initiate a dispute with the creditor or the credit reporting agency. Do this by sending prepared letters to the agencies on your report for which you are having trouble with. Now by law, disputing must be investigated within 30 days and if the information on your report is in fact wrong, it must be corrected and chances are this will increase credit scores. Dispute only means you can have things removed, deleted or updated. You are to dispute any information that you feel is incorrect on your report. The only accounts that can be removed from your credit report would be; accounts that do not belong to you, accounts that may be outdated or if there are accounts that no longer exist and they are still listed on your statement. Removing all or one of these errors can be extremely beneficial to your credit worthiness. It may boost credit scores. The agency will start their investigation by contacting the source for which you have an account with and if the other agency does not respond in the appropriate time, they must remove it it from your file, thus raising scores.
Dispute Now:
The credit bureaus are required by law to seek and investigate any mistakes and errors on your report when you notify them. They are to report back to you within 30 days and this is by law. You are asking the creditors to check their records again an if they cannot find your accurate information then they must remove and delete the negative information off your credit report. You need to contact the agencies directly when you attempt to have anything removed. Just provide all info that they need to research and start the process.
Now be sure that the creditor does not report it again a few months later. This is why you will need a credit monitoring system as it notifies you of new events. Disputing isn't a very hard process. You will now need to figure out how to put forth your dispute. you can do this by mail or over the telephone. If you do this online it may save you alot of time verses doing this by mail. By mail may take longer for the investigation to get underway and be completed but it is also a good way to make sure things get done in writing. Send letters by certified mail and keep your receipts. You can find many sample letters online.
Sample Dispute Credit Report Letter 
