Credit reports are a document that shows your credit history and shows how quickly you repay the credit and also throws some light on your creditworthiness. Credit reports are created by the credit reporting agency, and most people think that the credit report is highly accurate, but in reality, there are a lot of common mistakes and errors in the report. It makes it is highly crucial to check the report as any mistake can make your credit record look bad and raise problems for you in getting any loan or credit in the future.

You must look for mistakes in the credit report and dispute items on credit report if you find any. There are various mistakes in the credit report; some are minor, whereas some are major. Some minor mistakes are spelling errors, mistakes in address, wrong name, etc. Some significant mistakes can be wrong payment information, someone else’s credit account in your name, etc. You must check the credit report properly to spot all the mistakes and get them corrected. To rectify the errors in the credit report, you will have to file a dispute with the bureau and make them aware of the mistake.

Steps to dispute the errors in the credit report

File for a dispute

The first thing you need to do after you spot an error in the credit report is to file the dispute with the bureau that is responsible for the error in the credit report. You will have mail the agency or bureau about the mistake and requesting them to rectify the mistake. There are three credit reports of a person, and if the error is on all three, then you need to send dispute for all three reports and vice versa. Interested to know more about credit report errors? Learn more on this website.

Be patient

 Once you raise the dispute with the bureau, you need to stay patient and wait for their response. It usually takes some time for them to respond and look into your request. The reporting agency will forward your dispute to the data furnishes and will ask him to investigate the case and assure that there is an error in the report. If he finds it wrong, then that information will be removed from your credit report, and if he finds nothing wrong with it, then the report will stay there.

If you are not satisfied with the result, you can file a follow-up dispute with the credit reporting agency and also have a conversation with the data furnisher to request him to get the error corrected. You need to wait for some time to get the result after the investigation is over.

To put in a nutshell, you must check the errors carefully in the credit report and raise a dispute for the mistakes with the bureau. Getting all the errors corrected is necessary to build a good credit score and history.