Free Credit Bureau Report

Robert G Anderson asked:




The Federal Trade Commission had formulated and enforced Fair Credit Reporting Act (FCRA), a US federal law in 1970. This act along with Fair Debt Collection Practices Act (FDCPA) forms the foundation of consumer credit rights in the US.

FCRA regulates the compilation, distribution and use of consumer information, including consumer credit information. These credit reports are compiled by three credit bureaus. They contain information about you and how you paid your bills. You can submit a Report to FCRA should you find any discrepancies in the report.

You are legally entitled to one free copy of the credit report from each of the credit bureaus annually. You can acquire a copy of the report from them and evaluate it thoroughly for any mistakes. FCRA gives you the right to dispute any information that you find wrong in the report.

How to file a Credit Report Dispute

First and foremost you must alert the bureau and the information provider of any incorrect information in writing.

All such documents that support your report should be included with your dispute. You may include photocopies of the supporting documents and keep the originals for further reference. These documents can consist of bank statements or cancelled checks and/or any such financial documents.

In your report, include your name, complete address, the information you are disputing, and the reasons why you are disputing. Sending your dispute via certified mail with return receipt request will ensure a proper proof of your sending the statement as well as it reaching the bureau.

What will the bureau do?

It is mandatory for the bureau to investigate your complaint and reply in 30 days with the results of the investigation. The bureau sends whatever report you sent them to the information provider to scrutinize. If there is any change in your credit report after this, the bureau will send you a free copy of your report. You may request them to send a copy of the corrected report to the companies that accessed your credit report during the last six months.

It is pertinent to mention here that if your credit report is inaccurate in one bureau’s report it will have inaccurate information in the other two bureaus also. Hence, you must contact the other two bureaus to get corrected reports from them as well.

Cathy

tarot_princess86 asked:


Alright, I had an account in collections for a really long time. When I started paying it down the collector told me that once it was all paid off that I should send copies of the paid in full letter to the 3 main credit bureaus (transunion, eqifax and experian). However, she did not provide me with the addresses I needed. So I have been circling the internet for hours and hours trying to find these addresses and phone numbers. I found addresses and phone numbers for all three, but these addresses and lines are for obtaining credit reports. My questions are:

Q: If I send my paid in full letters to the main addresses listed, then will someone there know what to do with it, or throw it away because I was supposed to send it to some other (super-secret) address

Q: is it even necessary to send the paid in full letters to the credit bureaus? Because one would think that a collections agency would send that info off in their special way as soon as a debt is settled. ALSO, if it were necessary, you would think that there would either be a designated 1-800 number with PEOPLE to answer questions, a designated PO box address listed somewhere on the internet used for people who need a little more service than a free credit report, or a straight answer about any of these issues somewhere.

Sorry, that last question kind of turned into a rant….

If anyone can help me that would fabulous, and worth 10 points!

Dale

Justin Fox asked:




Credit report dispute a personal experience. My name is Justin and I had to dispute my Credit report, let me give you some free tips and advice.

I found errors and outdated information on my credit report, If I did not fix this fast it could have severely damaged my credit score. If you are in the same position, don’t delay as you could hit with permanent credit score damage. Did you know that 79% of all credit reports contain errors! Yes, your not alone. A whopping 79% of all credit reports contain some type of report error. Did yo also know that up to 25% contain errors, this will most likely result in credit denials. Also, it could mean hiked interest rates and a direct loss employment opportunities!

Act Fast – But Smart So many of the great things in your life are related your personal credit score. From the street that you live on and even to the car that you drive. Actually, everything in your life is affected by your credit score.

Don’t Delay You need to write to the Credit Bureau and solve any errors as soon as possible. Let’s look at what you need to do.

What are the actions I need to take? You might already have a copy of your credit report as you know you have an error or mistake on your report and want to dispute it, Even if you do have a copy you need all three copies form the 3 credit report bureaus.

Best to get a 3 in 1 report as this will save time and money. Here are the prices:

Equifax, Get 3-in-1 Credit Report with Score Power $39.95 Experian – 3 Bureau Credit Report and PLUS Score for $34.95 TransUnion – A 3-in-1 Credit Report with FREE for $29.95
So, What’s the Process of disputing a claim? Easy!, just follow these helpful tips for a dispute:

Make sure you put everything in writing. Be sure to dispute each item in a separate letter. Include your name, address and Social Security number for verification. It’s wise to send all letters certified mail and return receipt requested. Be sure to make copies for your files. Don’t give up, be persistent and write several demand letters may be necessary. Know that credit bureaus are required to show disputed items as “Disputed” on your credit report. Provide enough information for the credit bureau to conduct their investigation. Finally, know that once negative items are removed you can request (make sure this is done, it’s very important) the credit bureau to send correction notices to anyone who has received your credit report in the past six months (two years for employment purposes).

If your dispute request unsuccessful? Do this: Send a “Statement of Dispute” – This will demonstrate that all your attempts at resolving the dispute have failed. So, file a dispute with the credit bureau’s National Consumer Assistance Center. For you to enter such a dispute just call the telephone number which included with your credit report or complete a “Reinvestigation Request” Consumer Response Center, FCRA, Federal Trade Commission, Washington, D.C. 20580

A final word, be warned about Illegal disputes It is considered illegal for you to change your social security number to obtain a clean bill of credit. so take not that If any company might suggest this type of credit repair be sure to report them to the authorities.

I sincerely hope that this article gives you with a few tips and provides you some good advice on filing a credit report dispute.

To get more advice and information on credit report dispute, or Credit Score and Credit Reports click on a www.credit-reporter.net [http://www.credit-reporter.net]

Andrea

dorseydan asked:


I have all of the toll free numbers for the reporting bureaus but, can only listen to the automated recording. I want to fax some info to them however, that info is not on the recording. HELP!

Ricky