Credit reports are important documents in your finance life. Just like any other documents, they are prone to errors, both human and technical. These errors could be inaccurate information or mixed files. Fixing your credit report can be very frustrating. You can use all given avenues or methods and still not fix it. The process requires a lot of time and money thus getting it wrong the first time can make you give up. However, there are alternative ways to use which are unconventional. These tactics will help you get the results you need. This article takes you through the methods in detail with the help of CreditRepairCo credit repair albuquerque.
Use original dispute letters. Dispute letters are easy to download from the internet. These are usually template dispute letters. They are easy to use, free and will save your time and money. However, credit bureaus and creditors receive thousands of them every day. Most of them have software that sends automated replies with little human involvement. Your specific complaints may end up receiving a general reply. To make your dispute letter stand out, write it yourself. Original letters increase the chances of people handling it instead of software. This gives you a higher chance to have your credit report fixed.
Ignore the suggested procedures. The set method requires you to contact the credit bureaus who then contact the creditors on your behalf. You only contact the creditor when this fails. This process is both time consuming and frustrating. To get faster results and to avoid frustrations, consider using the alternative methods to fix your credit report. Contact the bureau first as a formality. Then go directly to the creditor responsible immediately. . The creditor has to prove to the bureau the accuracy, completeness, and verifiability of the negative information entered. You have the right to demand a proof, failure to which they have no option but contact the bureau to remove the item.
Make use of the law. Creditors and credit bureaus respond to disputes for it is required of them by the law. Understand the laws that can work to your advantage. Some of these laws include,
- The Fair credit Reporting Act
- The Fair Credit Bailing Act
- The Fair Debt Collection Act
If there is violation of any of these, use it as a reference in your dispute letter. The bureaus and creditors will take note that they are dealing with someone aware of the laws and rights and speed up the process.
Sue the creditor. If the information from the creditor was inaccurate and they are not following up, consider suing them in a small claims court. These courts do not allow lawyers so you will engage directly with the creditor. Small claims courts are cheap and easy for you while being expensive for the creditor. Fill up the paperwork correctly and hand them to the relevant parties. To avoid this, the creditors and the bureaus will act fast to remove the item especially if it is inaccurate.