Delete « Free Credit Bureau Report

August 29, 2010

Disputing Duplicate Items On Your Credit Report

Filed under: Finance — Tags: Credit Equifax, Credit Report, Delete, Equifax, Experian, Hsbc, Patience, Repairing Credit, Repairing Your Credit, Score, Three Credit Bureau, Transunion, Truecredit — @ 3:50 pm

Duwayne Mcclendon asked:

When you are repairing you want to make sure all information is correct and there are no duplicate items on your credit report. I had noticed an old HSBC Tax Advance showing on my report twice, one was listed as being current with a $0 balance and the other had a balance of $441 and 120 days late! I had seen this on my report and at first was just going to wait it out until the 120 day late listing was updated to current with hopes my score would be higher with two accounts listed as current.

Today my patience got the best of me, I called Transunion which was the listing agency for the duplicate accounts and requested a deletion. At first the operator said “ok sir I will place the duplicate account for dispute,” I immediately told him I did not want to place a dispute but for him to delete the duplicate listing now. It was in my favor that both accounts had the same account number and that the 120 day listing was updated 11/2007 and the current listing was showing updated 12/2007.

After about 5 minutes the representative for Transunion confirmed the duplicate listing had been removed and if I needed any more assistance. I kindly thanked the representative of Transunion and proceeded to complete my daily credit pull from TrueCredit. WOO HOO! Account deleted and my score jumped 14 points!

When you are repairing your credit be persistent and make sure you have all your facts regarding the accounts when you call or write any of the three credit bureau (Equifax, Experian, Transunion). You have to legitimately prove the account is reporting improperly for the credit bureau to remove the listing for them to remove it.

Virginia

Comments Off

May 9, 2010

Deleting Bad Credit from Your Credit Bureau Report – It Can Be Done

Filed under: Finance — Tags: Assets, Bad Credit, Company Letterhead, Crack, Credit Bureau Report, Credit Report, Delete, Financial Future, Job, Operator Number, Phone Numbers, Several Factors, Signature, Time Person, Timeline Details — @ 11:30 pm

C Cruz asked:

Having a bad credit report is very damaging to your financial future. But you already knew that.

Getting your credit report back to pristine status once it has been damaged can be accomplished, but it will take time. However, you must know how to go about it, because you might only get one crack at it.

Your goal should be to have the “verifiable” negative marks deleted from your credit report.

In order for a creditor to consider deleting a “verified” negative mark on your credit report, there must be something in it for them. Primarily that you pay the account in full.

Several factors will determine if a creditor will consider deletion of a “verified” negative account. Some of these include:

>Your ability to pay

>Your job status

>Your income

>Your assets

>Age of the account

>Dollar amount that is due

>Who the creditor is

Just to name a few.

However, you must beware.

You must know if the person you are negotiating with has the authority to delete the negative mark from your credit report.

If you are talking to the collection agency, they may only have limited authority. Meaning that the collection agency may only be able to delete the collection agency report but not the original creditor’s report.

Anything that you agree to must be in writing. Detailing what you must do and what you will be getting in return.

Have an authorized signature on the letter.

Make certain that the settlement offer and terms are on official company letterhead.

Keep a file and document all communications with the creditor or collection agency.

Everything:

>Date and Time

>Person you talked to

>Operator number

>Phone numbers and extensions

>Address

>Timeline

>Details of what was discussed and by whom

Having as much detail on file will help you in the future if the creditor or the collection agency does not adhere to the terms of the settlement.

Sharon

Comments Off

April 6, 2010

Here’s How To Get Credit Bureau To Erase Negative Info

Filed under: Finance — Tags: Bad Credit, Blemishes, Credit Bureau, Credit Dispute, Credit Information, Credit Report, Credit Reports, Creditor, Creditors, Delete, Deleted Files, Infor, Major Credit Bureaus, Settlement Proposal, Three Major Credit Bureaus — @ 3:36 pm

Conleth Onu asked:

Is bad credit ruining your life? Have you been denied credit because of negative information on your credit report? Do you want to learn how to make a good credit report instantly? If you answered yes to the above questions, you’re in the right place.

Having a bad credit record will make your life difficult in many situations. Nothing can slow you down faster financially than negative information contained in a credit bureau file. Sometimes, the information is true, other times it is deceiving or even totally wrong. What can you do if you believe that you have been turned down for credit because of inaccurate or outdated information?

There are some steps that you can take, to get rid of blemishes on your report. Your first step should be to get your credit reports from the three major credit bureaus. You can get a free copy of your report one time a year, and you can also obtain one at no charge if you have been denied credit within the past 60 days.

Once you have obtained your report, examine it carefully. Make sure that all information is being reported correctly. If you find any incorrect information in your report, you can dispute it with the credit bureau.

Send a letter to the credit bureau explaining your dispute. When filing a dispute, tell the credit bureau what information you believe is incorrect and the reason why. Include any documentation that would help support your claim.

By law the credit bureaus are required to delete negative items from credit reports whenever a particular item reaches a certain age. Also, inaccuarate or unverifiable information must be deleted from credit files.

If there are accounts on your report that need to be settled, you can negotiate with the creditors. Be sure to have the creditor sign and date the settlement proposal and return it to you, before you pay them.

Once you have finished eliminating negatives from credit report, and have a clean clear credit report, it’s time to add positive information on your report.

A secured credit card can help you build good credit. It looks and works like any other major credit card. Secured Visa and Mastercard are issued against your depositing cash in a financial institution. That deposit serves as a collateral for the credit card. If you maintain a good account, your excellent credit rating will be recorded on your report.

Another effective way to add positive credit information to your credit file is to take out a small installment loan from a bank and pay it back promptly.

You can also build good credit by getting Department Store and Gas Company credit cards. By having your very own major credit card, you can qualify for instant credit at many department stores and gas stations.

Once you have established a good credit rating, you will be eligible for loans, credit cards, and other items of credit.

Melissa

Comments Off

February 19, 2010

I have a question about a pay for delete letter?

Filed under: Credit — Tags: Credit Bureau, Credit Companies, Credit Report, Creditor, Debts, Delete, Letter Samples, Reply — @ 2:00 pm

Corporate Mom asked:

I want to clean up my credit report and I got the free copy this year from the 3 big credit companies. I have already disputed several things on it, and got the reply that the debts were indeed mine, which I knew they were. The only pay for delete letter samples I can find are for sending before you dispute the items on the report. Since I’ve already disputed can I still send one and where can I find a sample of what to write? Also who do I send it to the original creditor or the credit bureau?

Marvin

Comments (3)

February 16, 2010

Disputing Credit Bureau Letters

Filed under: Finance — Tags: 12 Months, Accuracy, Certified Mail, Credit Bureau, Credit Bureaus, Credit Decisions, Credit Letters, Credit Report, Credit Reports, Credit Scores, Delete, Lenders, Minor Mistakes, Proof, Writing Letter — @ 11:52 am

Kristy Annely asked:

Credit bureaus keep your credit reports for prospective lenders to analyze while making credit decisions about you. Mistakes are common since they do not check for accuracy. Sometimes if it tells wrong things about you, minor mistakes can result in you being denied credit.

If you find that some information in your credit report is wrong, you have the right to dispute that information. When filing a dispute with the credit bureau, you have to attach a copy of your credit report and circle the items that you find incorrect. You have to enclose a copy of any proof showing that the entry is inaccurate. The address for filing disputes should be listed at the bottom of your credit report. You should mail the dispute letter as certified mail and keep a copy of the letter, so that you have a proof of what you wrote and when you sent it.

The credit bureau investigates your claim within a period of 30 days. If the charge is inaccurate or cannot be found out in that time, the credit bureau must delete it or alter it as per your request. The credit bureau must send you a new copy, if they make any changes in your credit report. You can also request to send a new copy to anyone who has received your credit report in the past 12 months. The credit bureau cannot add the item again without giving you written notice. The credit bureau cannot change or remove the disputed information from your credit report, if it finds out that the information that you disputed is correct. The credit bureau must give you a written report of the results.

If you think that the dispute is not resolved yet, you can submit a statement clearing up your side. While writing a disputing letter to the credit bureau, use your legal, full name. Type your letters and make sure that your letter is readable and you have made your point clear. It will take a minimum of 30-60 days before you see changes in your credit reports and scores.

Derek

Comments Off