There are essential tips that have been tried and tested for people who prefer to use the do-it-yourself technique in fixing their credit report.
It is important that you have obtained a copy of your file and you should note the accounts that need urgent attention.
Here are some essentials you need to consider in your restoration effort: o You can dispute almost anything on your file.
The Fair Credit Reporting Act, FCRA, gives you the right to challenge any information you have doubts about its authenticity on your report.
o The most common method of disputing negative and erroneous information on your report is to construct and mail a dispute letter to the credit bureau that has the information under dispute recorded in its own version of your report.
o Never dispute more than one account in a letter.
One dispute, one letter.
If you have another account you want to dispute, simply write a separate letter to prevent the recipient from labeling your letter as frivolous.
o Send your letter through standard mail in order to be able to track it and have a proof that it actually got to its destination.
Nobody will deny not receiving your letter this way.
o The credit agency that you sent the letter to has only 30 days to resolve the dispute.
If the account you are disputing is confirmed within 30 days, then it remains on your file.
If it is found out upon conclusion of investigation that it is erroneous or due for deletion, then it must be deleted from your file.
o After expiration of the required 30 days of investigation and the reporting agency is unable to conclude the verification of the account you are disputing, then they must proceed to delete such account from your file immediately.