February 28, 2009
Easy Ways To Fix An Error On Your Credit Report
Few people know it’s even possible to erase an error on their credit report. If you try and find info about this, you will stumble upon commercial sites that do not give accurate and independent information most of the time.
You only have to know a few things about erasing errors on your credit report. Let’s look into some of the most important points in this article
The first thing you do is get a copy of your own credit report. The main bureau will send this out to you. Every American citizen has a right to a yearly credit report and they’ll send it out to you.
Next, you need to look over the credit report. Don’t be casual about this. If you see any essential errors, put them on paper. If you’re unsure, write it down too. You need clarity about what is in your credit report.
If you’ve written down the mistake or mistakes you’ve found in the credit report, you have to send a letter to the responsible credit bureaus. Do not write e regular e-mail. Write a letter with real ink, one that’s really printed with a real postage stamp. It’s a hassle, but it’s worth it.
Don’t stop after that. Be sure to follow up after your first letter. They will go after it themselves most of the time, but it never hurts to check and make sure they handle it promptly.
If you don’t receive word from the credit bureaus, and you’ve followed up, you may have to file a complaint with the FTC. As a consumer, the FTC is there to protect you and it’s your right to use this.
Cleaning errors on your credit report can be a hassle and a pain in the behind, but upgrading your credit makes an enormous difference when applying for a loan or a mortgage. Take the necessary time, do your preparation and you’ll make it.
Filed under Credit by
