My Credit Score
Improving Your Credit Score is not that difficult if you follow competent advice. First, your dispute letter to the credit bureaus needs to be short and to the point. Don't quote your lawyer or imply an impending doom for their legal department. Instead of being a junior legal eagle, just make sure that each of your dispute letters have these three elements:
- Number 2 - Why you are disputing it
- Number 3 - What specific results you are seeking
- Number 1 - What exactly you are disputing
You want each of your dispute letters to have all three of the above elements. Take a look at this example of a simple dispute letter: DON'T USE MY WORDS!!
If the credit bureaus receive hundreds or thousands of the same letter, they will consider your letter frivolous and possibly dismiss it the dispute.That said, here is an example of a letter to send to the credit bureaus:
- Your Name
- Your Social Security Number
- Dear Credit Bureau Name
- I am disputing the Sears account appearing on my credit report, number XXXX, for the reason of (mention one of 13 reasons below).
- Re: (account and reason for your dispute goes here)
- Please delete. Thank You.
- Your Date Of Birth
- Your Address
As you write the letter, choose one of these 13 reasons:
- Incorrect Date
- Account Transferred To Another Lender
- Not Liable For the Account
- Incorrect Account Designation
- Original Creditor Not Listed
- Account Closed By Consumer
- Opened/Not Accurate/Inaccurate Terms
- Creditor Classification
- Incorrect Balance Being Reported
- Inaccurate Remarks
- Account Type Inaccurate
- Inaccurate Late Pays
- Obsolete Account
Improving credit scores begins with a smart reason of dispute-no more playing lawyer or credit repair student with plagiarized textbook form letters. This letter has two benefits- if the credit bureaus accepts your reason, then send them another dispute letter using a different reason on the list. When you provide a different reason to each bureau for each bad account, you will repair your credit one by one.
You might have been lured into believing that disputing your account as "not yours" would be the best way. But by being an informed consumer, you now have a treasure trove of reasons to choose from.
Putting it all together: Don't believe the myths that credit courses push on you. In addition, restoring your bad credit is a secret process within the credit agency system that only a handful of qualified repairmen know. You should now be empowered with good information and avoid the bad. For More Information on credit repair Click the link below and go to our website. Author Bio: Mark Garcia will teach you how to Improve Your Credit Score fast with his FREE Instant Access to a 3 minute video about his own credit repair story. You can also download a special report on the "10 Most Dangerous Mistakes That People Make When Trying To Fix Bad Credit" available at Crushing the Credit Bureaus.
