Posts tagged: spender

How Do I Write a Credit Dispute Letter?

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You have discovered a mistake on your credit report that you are absolutely sure that you had nothing to do with. You want to get it fixed, because it is doing damage to your credit score. But how exactly do you go about getting that repaired?

Writing a credit dispute letter should not have to be so difficult that you would rather have the mistake on your credit report rather than go through the hassle of having it fixed, but sometimes it may feel that way. A credit dispute letter, if done correctly and professionally the first time, will get you the change that you need on your report to gain well deserved points on your credit score. But is there anything that would possibly improve the format and the content of your credit dispute letter, therefore giving you greater chances of having the errors corrected, and having it done quickly?

In fact, there is hope. You deserve to have your credit report reflect the good credit spender you are. Here are a few tips on what kind of things you can do to draft and improve a credit dispute letter:

1. Get right to the point.

Being up front about your complaint is a factor that will get the correction made faster. Being blunt and completely clear will allow them to recognize the problem, find it, and fix it in a more timely manner than they would be able to if you give them only a vague description of your problem.

2. Use proof of the error.

Get as many files as you can from outside sources that prove to the creditors that there has been a mistake made, such as court files or documentation of your payments. Having a sort of map or proof of what the problem is and where things went wrong will speed the process up and give you a better chance of getting the problem fixed with few questions asked.

3. State how it should be.

Do not just show them where the problem is and expect them to know how you want them to change it. Make sure that you tell them why it is an error, and how you know it should be instead.

4. Communicate clearly.

You need to be able to make your letter completely black and white, with no gray areas that creditors may not understand. State that there is a problem, state the problem, state a possible solution, provide documentation, and end it. Simplicity and clarity will allow for the letter to be easily read and more quickly responded to.

Nobody wants their credit score to suffer for some mistake that they didn’t even make. Having a good credit score is something worth fighting for. You should not be cheated out of the credit score you have, and writing a clear credit dispute letter can allow you to get the needed changes made to uphold that right.