Credit Dispute Letter Template

Credit Dispute Letter Template

What Is a Credit Dispute Letter?

A Credit Dispute Letter is a formal document drafted by the individual who wants to contest information on their Credit Report.

Alternate Names:

  • Credit Card Dispute Letter;
  • Credit Report Dispute Letter;
  • Credit Bureau Dispute Letter.

If you think certain details on your Credit Report are incorrect it is highly recommended to send a message to the creditor and ask them to fix the mistake or provide you with an explanation of this particular negative item. Download a printable Credit Dispute Letter via the link below.

Once you have found out the error, you should prepare a letter as soon as you can - the investigation of the issue may take weeks or months during which a financial institution or a private lender may refuse to issue a credit card or sign a loan agreement with you so do not ignore any mistake you find in your credit history.


How Do I Write a Credit Dispute Letter?

Completing the letter is an easy-going process. Before writing one, the individual should collect proof that will help them confirm the information about the inaccuracies in the report. Make sure that your Credit Dispute Letter features the following parts:

  1. Introduction. In the first part of the document, the individual should provide their personal information for identification purposes and state the date. It can contain items, such as their full name, telephone number, full current address. The address should include a zip code, state, city, street name, and building number. The individual can also provide their social security number, driver's license number, and date of birth.
  2. Credit Bureau Information. Here the individual is supposed to enter the name of the company that has prepared their Credit report and its address.
  3. Information About Credit Report. The individual can use this part to relay information about their Credit Report, such as its number and date when it was prepared. It will help the credit bureau to identify the report.
  4. Information About Disputed Items. In this part of the document, the individual should describe the items that they consider to be incorrect and state the correct data that should be in the report instead. Some individuals find it convenient to attach a copy of their Credit Report where they underline the invalid data so that it will be easier for the credit bureau inspector to find it.
  5. Signature. To designate that the information presented in the letter is true and valid, the individual should sign it.
  6. Attachments. In the last part of the document, individuals should list the documents they attached to the letter. Individuals can attach a copy of their Credit Report and proof, such as credit statements, billing statements, and other financial and banking documents that can confirm what they say is true.

Individuals should name specific reasons why they believe that certain items in the report are invalid. Depending on the information presented in the letter, the credit bureau can either accept it and make changes or reject it if they find the information designated in the letter wrong or not convincing.

How Many Dispute Letters Can You Send a Credit Bureau?

Before sending a credit dispute letter the individual should check the state laws in case there are any regulations dedicated to Credit Reports and interacting with credit bureaus. Generally, individuals are allowed to send the dispute letter multiple times in order to remove inaccuracies from the report.

Individuals should make sure they have attached proof of any mistakes in the Credit Report. It can help speed up the process of error removal or increases the chances that this kind of removal will take place.

Nevertheless, if after several attempts the credit bureau did not fix the data in the report, the individual should consider arranging a meeting with a local lawyer who has extensive knowledge of the subject.

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