Removing Incorrect Information on the Credit Report
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Removing Incorrect Information on the Credit Report
Federal credit reports are one of the best ways for a person to start monitoring and keeping track of their credit score. If incorrect information is found on the federal credit report there is generally a method to having it investigated and removed by the credit reporting agency. The problem is that this may not be enough. To make sure that the incorrect information is removed and stays removed it is best to contact the company that reported the information in the first place.
Contact the company with a copy of the reported information. Explain how the information is incorrect and ask for it to be removed. Make sure to mail the request and send it certified mail. Keep copies of the certified receipts and any paperwork correspondence. Keep everything in writing because phone calls and emails may not be enough to prove the communication occurred or was valid. Submit the paperwork to the credit agency as part of the investigation. Keep the information should the incorrect entry reappear.
Keeping a record of the request, investigation, communication, and the verification that the item was removed from the credit report is vital to keeping the credit score above average. The Federal Trade Commission states that it is the responsibility of both parties to correct inaccurate information on the report.
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| Linda Handiak |
