Get ready for the best change of your life! Today, you have the opportunity to go into battle against bad credit. There is no reason whatsoever why you should be crushed by a bad credit rating. Just because you had a problem with credit in the past does not mean you have to remain under its control. In this article, we will provide you with free credit repair sample letters to get your credit back on track.
The first step is to order a copy of your most current credit report. You can do this by contacting online or by mail, the three primary credit bureaus, which include TransUnion, Equifax, and Experian. Then, you need to go over every single item to look for inaccuracies. These inaccuracies could be out-of-date, erroneous, misleading, or inaccurate information. Once you have identified the discrepancies on the report, you will make a copy of the report so you can circle or highlight the problems.
Once you have completed this step, you would then file a formal dispute, using the appropriate, free credit repair sample letter. Filling in the information, you want to keep your dispute less than 100 words. The reason for this is that these credit bureaus receive as many as 10,000 dispute letters each day. Therefore, they do not have the time or manpower to read long, rambling letters. In fact, if your letter is more than 100 words, it will be thrown out as “frivolous”. Here are some beneficial, free credit repair sample letters to use when filing your formal dispute.
If you have been have been told more than once that you were denied credit because of an "insufficient credit file" or "no credit file", and you have accounts with creditors that are not showing up on your credit report, then you have the right to ask the reporting agency to add this information to future reports. While they are not required to do so, the majority of credit bureaus will add verifiable accounts, although for a fee. However, you need to understand that should these creditors not report to the credit bureau on a regular basis, the added items would not be updated in your file. The first of our free credit repair samples letters is to add positive information to your credit report.
Date
Credit Bureau Name
Address
City, State Zip
To whom it may concern:
After reviewing my credit report from your company, I noted that my credit report does not include information that I know is important to providing a complete picture of me as a creditworthy consumer. Therefore, I am formally requesting that you add the following account information on my credit file.
Creditor Name:
Address:
Account Type:
Date Opened:
Credit Limit:
Balance: (If it's an open account)
If there is any fee for this service or for any additional information needed from me, you can reach me at (your phone number).
Thank you in advance for your assistance.
Sincerely,
Name
Address
Social Security Number
Date of Birth
Now, let us say you purchased a car five years ago for $10,000. You paid the loan off in three years but the credit report still shows the account as being open or unpaid. As you can imagine, this type of discrepancy can have a huge impact on your credit report. Therefore, the second of our free credit report sample letters has to do with getting inaccurate information cleared up.
Date
Your Name
Your Address
Your City, State, Zip Code
Attention: Complaint Department
Name of Credit Reporting Agency
Address
City, State, Zip Code
To whom it may concern:
I am writing to dispute the following information in my credit file. The items being disputed are encircled/highly on the attached copy of the report received. (Identify item(s) disputed by name of source, such as creditors or tax court, and identify type of item, such as credit account, judgment, etc.)
This item is (inaccurate or incomplete) because (describe what is inaccurate or incomplete and why). Therefore, I am requesting the item be deleted (or request another specific change) to correct the information. Enclosed are copies of (use this sentence if applicable and describe any enclosed documentation, such as payment records, court documents) supporting my position.
I am requesting that this item be reinvestigated.
Sincerely,
Name
Enclosures: (List what you are enclosing)
