Send this credit dispute letter to any credit bureaus that you would like to have remove inaccurate information from your credit report.
Credit report disputes are a good way to ensure that your credit is free from errors and discrepancies. If you disagree with any of the information on your reports, or if there’s anything in question, send a dispute letter to all three major bureaus (Equifax, Experian, and TransUnion) outlining what needs to be changed. The bureau must investigate within 30-45 days by either verifying/correcting items that you have disputed on your credit report.
Make certain to have as much documentation as possible. This includes receipts, payment data, contracts, or any relevant information related to the credit item you are disputing.
Note: Always include a photocopy of your driver’s license, state-issued ID, or U.S. passport, and social security card with employment verifications like pay stubs/W2’s from recent employers as well as utility bills which should be dated within 6 months before sending in your credit dispute letter.
Credit Dispute Letter Template
Date of Dispute Sent:
Date Dispute Occurred:
To Whom It May Concern,
This letter is a formal complaint and dispute that you are reporting inaccurate credit information.
This information has had a negative effect on my person.
I am very bothered that you have included the below information in my credit profile due to its damaging effects on my good credit standing.
As I am sure you know, credit reporting laws ensure that credit bureaus such as yourself, report only accurate credit information. No doubt the inclusion of this inaccurate information is a mistake on either your or the reporting creditor’s part. Because of the mistakes on my credit report, I have been wrongfully denied credit recently for a (line of credit you recently applied for), which was very frustrating and has had a negative impact on my lifestyle.
(optional) With the relevant evidence I’m attaching to this letter, I’m sure you’ll agree it needs to be removed as soon as possible.
The following incorrectly reported credit information needs to be authenticated and removed from my credit report as soon as possible:
CREDITOR – Account Number 1548-785A
Please remove the above-related credit information as quickly as possible. Thank you for reading my credit dispute letter.
Why Should You Write A Credit Dispute Letter?
Every month, some people forget to pay their bills or they simply don’t have enough money left at the end of the month. These people might not know how to dispute a credit card charge and might decide that paying an overdue bill is more important than disputing a credit card charge. They may even think that it isn’t worth the time and effort. That’s not true! It is worth making an effort to dispute any late charges that appear on your bill. This guide will give you 3 reasons why you should dispute a credit card charge.
1. To get your balance lowered: If you’re being charged 20% of your total balance each month, but you only owe 10% of your total balance, then this is obviously unfair. By disputing the credit card charge, you will get your outstanding balance lowered so that you only have to pay what you actually owe.
2. To avoid future late charges: If you fail to dispute credit card charges, then many companies will continue with their unfair practices and will keep charging you for being late when in reality, it was their fault that you were late. If you fail to dispute a credit card charge, then these companies will never learn any lessons and they’ll keep charging you for being late even when it’s not your fault. This is an unfair practice and if other people find out about what’s happening, they might end up going with another company to do business with.
3. To make financial companies think twice: If you go to great lengths to dispute a credit card charge, then many companies will understand that customers are willing to fight back and they may change their practices so as to not lose your business in the future. This is one of the best ways that disputing a credit card charge can benefit you since you’ll be taking a stand against unfair practices that are making financial companies money at the expense of their customers.
Where To Send Your Credit Dispute Letter?
For instructions on where to send your credit dispute letter to Experian, read their article on “Instructions for Disputing by Mail”.
For instructions on where to send your credit dispute letter to Equifax, read their article on “How do I correct or dispute inaccuracies on my credit reports by mail?”
For instructions on where to send your credit dispute letter to Transunion, read their article on submitting credit dispute letters by mail.
Looking for more credit help advice?
Check out one of our recent articles to help with Paying Your Bills On Time