How & When to Dispute Credit Information Reports

1
How When to Dispute
Credit Information
Reports?
2
Opening a credit report with error could lead to
lower credit scores and impact your chances to
open a new credit account or get a loan.
However, due to a lack of understanding of
credit, it can be difficult to determine what
factors may affect your credit score.
The dispute process isnt complicated, but it can
be time consuming.
Following these steps, you may be able to win
your credit dispute and get your credit history
back on the right track
3
Step 1 Download your credit report
Credit reports list your accounts and your
payments, as well as any problems like late
payments, collections.
you need to download the detailed credit
information report.
You can download one free credit report each year.
4
Step 2 Inform the Credit Bureau
If youve spotted an error on one of your credit
reports, you should take immediate steps to
correct the inaccuracy.
The information has to be shared in the form of
online appeal and in writing via a letter.

• Clearly identify each disputed item in your
  report.
• State the facts and explain why you dispute the
  information.
• Request deletion or correction.

The letter should be supported with copies of
documents verifying your dispute. Always request
read receipt for your letters.
5
Step 3 Contact the Lenders
To ensure that the error on your report is
solved, you have to contact your lender that has
given the information to the credit bureau.
If the error is relating to identity you can
contact to the credit bureau directly like CRIF.
You can go to the lender and ask them to correct
the mistake in case the mistake is rectifiable
from their end.
6
Step 4 Count 30 days
The credit information companies investigate your
claim of dispute which lasts at least 30 days.
Begin by telling the credit bureau what
information you believe is inaccurate.
After they finished their investigation, the
bureau is also required to provide you with a
free copy of your credit report if it has
changed.
Keep copies of your dispute letter and enclosures.
7
Step 5 Check your credit report
Regular checking of your credit score is known as
a Soft Inquiry. Updates to your affected credit
reports may take some time to appear.
It can depend on the specific credit bureaus
update cycle and when the furnisher sends the new
information to the credit bureau.
If the update doesnt appear on your credit
reports within several months, contact the credit
bureaus and the lender to verify its reporting
your account information to the bureaus.
8
You can get both your personal credit score and
business credit score by applying directly on the
link mentioned below
https//cir.crifhighmark.com