Dispute Tracker

Understanding Your Credit Report

Your credit report is a detailed record of your credit history, compiled by three major credit bureaus: Equifax, Experian, and TransUnion. Understanding how to read and interpret your credit report is the first step toward improving your credit score.

What's Included in Your Credit Report

  • Personal information (name, address, social security number)
  • Credit accounts and payment history
  • Credit inquiries
  • Public records (bankruptcies, tax liens, civil judgments)
  • Collection accounts

Common Credit Report Errors

Studies show that up to 20% of credit reports contain errors that could negatively impact your credit score. Common errors include:

  • Incorrect personal information
  • Accounts that don't belong to you
  • Duplicate accounts
  • Incorrect account status
  • Outdated negative information
  • Incorrect payment history

The Dispute Process

If you find errors on your credit report, you have the right to dispute them under the Fair Credit Reporting Act (FCRA). Here's how the process works:

Step 1: Gather Documentation

Collect all relevant documents that support your dispute, including bank statements, payment records, and correspondence with creditors.

Step 2: File Your Dispute

You can dispute errors with the credit bureaus online, by mail, or by phone. We recommend using certified mail to create a paper trail.

Step 3: Investigation Period

The credit bureau has 30 days to investigate your dispute. They will contact the creditor to verify the information.

Step 4: Review Results

The credit bureau will notify you of the results. If the information is found to be inaccurate, it must be corrected or removed.

Why Professional Help Matters

While you can dispute errors on your own, professional credit repair services have the expertise and resources to:

  • Identify all errors and inaccuracies on your report
  • Draft legally compliant dispute letters
  • Follow up with credit bureaus and creditors
  • Handle complex disputes involving multiple parties
  • Negotiate with creditors for pay-for-delete agreements