Deleting Credit Errors

​Several reports say that more than one-third of all credit reports contain errors** with consumer reporting. If you’re victim to failed reporting, you can get erroneous info removed…

You can fight misinformation on your credit report, either directly with the misreporting creditor, or directly with the bureaus.
 
We recommend starting with a call to the entity incorrectly reporting the data. For instance, if a credit card company is reporting a late payment to your credit that is inaccurate, we’d suggest the following steps:

1. Call the creditor directly (we recommend calling on Thursdays and/or Fridays, as customer service reps are usually happier on these days!)
2. Relay your case and why you believe the info to be inaccurate
3. Upon the account holder agreeing to remove the delinquent info from your report, you’ll want to get a “deletion” or “removal” letter.
4. Ensure the above letter is on company letterhead signed by the employee, has the name of the company rep, references the account number, references name of account holder, and references the specific derogatory info being removed (missed payment, etc.)
5. Submit your letter to the bureaus directly to get the information removed (it’s best to order your free report on www.annualcreditreport.com and dispute directly through that medium)

 
If you have questions on the above, feel free to contact us and we’d be happy to discuss further.
 
**References: 1)https://www.consumerreports.org/media-room/press-releases/2021/06/consumer-reports-investigation-finds-more-than-one-third-of-consumers-found-errors-in-their-credit-reports/
2)https://www.forbes.com/sites/sarahhansen/2021/06/10/34-of-consumers-have-found-a-mistake-on-their-credit-report-new-survey-shows/?sh=240399fc4f80 
​3)https://www.washingtonpost.com/business/2021/07/14/more-than-one-third-consumers-found-errors-their-credit-reports-investigation-finds/
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