Archive for the ‘credit strategies’ Category

Steps to Win a Dispute with Experian

If you have derogatory items on your Experian credit report you have to contact Experian directly. All of your communication with Experian should be through certified mail with a return receipt. This is going to take some time and a lot of organization on your part. Experian’s contact information is as follows:

P.O. Box 2104
Allen, TX 75013

When you write to them include your full name, address, a copy of your Experian credit report, the name of the account or inquiry in question and copies of any supporting documents you have for your Experian dispute.

Did you authorize inquiries on your credit report?

Did you apply for credit or apply for a loan? Think now. All inquiries for credit will legitimately land on your credit report. Did you get turned down for an auto loan? Maybe you applied for a credit card to transfer high interest balances to a new low interest card with an introductory rate.

Get Proof and Go Straight to the Horse’s Mouth

The burden is on the company who reported you to Experian to prove to that you did in fact apply for credit from them or fall delinquent on an account. Write them letters asking for proof. You have a right to a copy of any document you signed.

Cover your tracks

Again, all correspondence regarding your credit should be in a letter form and mailed via certified mail from the postal service. After weeks or sometimes even months of going back and forth with the lender you might find that the lender has no proof of your authorization to apply for credit. You could be the victim of identity theft or the lender might have made a simple mistake when entering a social security number in their system.

Don’t just lie down and accept negative items on your credit report! Do the work to dispute bad credit or have a professional credit repair lawyer do the work for you. If the lender cannot prove the debt is yours by all means ask them to delete the item from your credit report at once!

Follow up

This is why even the simplest credit fixes can be so aggravating. You must take personal responsibility for what is affecting your credit score. This requires documentation and diligence. After you’ve settled the inaccuracy with the lender you must send all documentation certified mail to not only Experian but also Equifax and Trans Union credit bureaus if they are reporting it as well. Do you have copies from all three bureaus? You can’t trust that what’s showing on one credit report is what’s showing on the other two.

* We were so impressed with Lexington Law that we decided to become a sponsor and put up this website. Get a FREE credit consultation with credit repair experts by calling 1-800-298-4297

Why Filing an Experian Dispute Online is a Mistake

Experian Dispute Online

If you have to dispute an item on your credit report you might be tempted to do it online using the credit bureau’s criteria. They make it look so simple. Choose this tab, this category, click this button and poof! You’re finished. – That’s what they want you to think. We do not recommend filing a dispute with Experian online. Really, you wouldn’t be “filing” anything. You would be clicking. This is why even the simplest credit fixes can be so aggravating. Filing a dispute with Experian requires documentation and diligence.

Online credit bureau disputes are not faster

The only time we recommend using Experian’s online system is to update personal information such as addresses. There is no guarantee that your changes will be updated more quickly than if you had mailed your request but it’s relatively harmless to do it. Still, you have to monitor your credit report for months until you see Experian has made the changes correctly.

There is no evidence to suggest that filing a dispute with Experian online will get you a resolution faster. In fact you might find the process will take much longer particularly if you don’t get the result you want or if you have made an entry error. Filing a dispute with Experian online limits your ability to communicate freely. You are subjected to the choices provided by the online application. Credit disputes are complicated. Your dispute might not fit into the nicely organized, black and white system the credit bureau has created.

There’s no such thing as a paperless paper trail

All correspondence regarding your credit should be in a letter form with copies of supporting documents and mailed via certified mail from the postal service. You will be provided with a receipt of delivery confirmation. You need this delivery receipt for your records. This gives you peace of mind that at least one warm body at Experian received your letter! Keep copies of all correspondence in a safe place. You must stay organized.

When writing a credit repair letter to the credit bureaus be sure to include your full legal name, your social security number, your current address and a copy of your driver’s license or passport. Include as much information about the account in question as possible in your credit repair letter. Definitely include the name of the entry, the name of the original creditor, the name of the collection agency and the amount owed.

Your dispute

Incorporate into the letter as professionally as possible why you are disputing the entry on your credit report. This is why filing an online dispute would work against you! If the entry is invalid, provide all documentation supporting your argument. If the entry is being reported inaccurately you must have copies of the proof you have collected to support your claim. Supporting documents are very, very important to your dispute. It never hurts to quote laws that protect your rights. For example, “Under the Fair Credit Reporting Act (cite the paragraph or sentence that applies) this item is being reported inaccurately.”

Experian only has 30 days to respond to your request. Repairing your credit is serious work and this isn’t the time to be taking short cuts such as disputing your report online.

* We were so impressed with Lexington Law that we decided to become a sponsor and put up this website. Get a FREE credit consultation with credit repair experts by calling 1-800-298-4297

Why Filing a Transunion Dispute Online is a Mistake

Do you need to dispute Transunion? Don’t dispute Transunion online – it’s a big mistake!

Why Filing a Transunion Dispute Online is a Mistake

If you need to dispute an item on your credit report you might be tempted to do it online using the credit bureau’s website. They make it look so simple to point and click your way through the Transunion dispute.

transunion online dispute Why Filing a Transunion Dispute Online is a Mistake

Having bad credit deleted is the best result when disputing Transunion. We suggest you call Lexington Law Firm to get results like these with Transunion: 1-800-298-4297.

Choose this tab, this category, click this button and poof! You’re finished. – That’s what they want you to think. We do not recommend filing a dispute with Transunion online. Really, you wouldn’t be “filing” anything. You would be clicking.

This is why even the simplest credit fixes can be so aggravating. Filing a dispute – that you want to get results – with Transunion requires documentation and diligence.

Online credit bureau disputes are not faster

The only time we recommend using Transunion’s online system is to update personal information such as addresses. There is no guarantee that your changes will be updated more quickly than if you had mailed your request via “snail mail.”

Still, you have to monitor your credit report for months until you see Transunion has made the changes correctly.

There is no evidence to suggest that filing a dispute with Transunion online will get you a resolution faster. In fact you might find the process will take much longer particularly if you don’t get the result you want or if you have made an entry error.

Filing a dispute with Transunion online limits your ability to communicate freely. You are limited to the choices provided by the online application. Credit disputes are complicated. Your dispute might not fit into the nicely organized, black and white system the credit bureau has created.

There’s no paper trail with an online dispute

All correspondence regarding your credit should be in a letter form with copies of supporting documents and mailed via certified mail from the postal service. You will be provided with a receipt of delivery confirmation. You need this delivery receipt for your records. This gives you peace of mind that at least one warm body at TransUnion received your letter! Keep copies of all correspondence in a safe place. You must stay organized.

When writing a credit repair letter to the credit bureaus be sure to include your full legal name, your social security number, your current address and a copy of your driver’s license or passport. Include as much information about the account in question as possible in your credit repair letter. Definitely include the name of the entry, the name of the original creditor, the name of the collection agency and the amount owed.

Your dispute

Incorporate into the letter as professionally as possible why you are disputing the entry on your credit report. This is why filing an online dispute would work against you! If the entry is invalid, provide all documentation supporting your argument.

If the entry is being reported inaccurately you must have copies of the proof you have collected to support your claim. Supporting documents are very, very important to your dispute. It never hurts to quote laws that protect your rights. For example, “Under the Fair Credit Reporting Act (cite the paragraph or sentence that applies) this item is being reported inaccurately.”

* We were so impressed with Lexington Law that we decided to become a sponsor and put up this website.

Transunion only has 30 days to respond to your request. Repairing your credit is serious work and this isn’t the time to be taking short cuts such as disputing your report online. Get a FREE credit consultation with credit repair experts by calling 1-800-298-4297