For you to dispute and remove an item on your credit report with TransUnion you must file a dispute. This is done through creating a letter yourself or hiring a credit repair service to do it on your behalf.
You need to know that you must dispute an item with each credit bureau. If you fail to do this and only dispute TransUnion then your Experian and Equifax credit report will still show the item.
In a dispute letter the disputed item must be identified and a reason as to why the item is wrong. For example; not my account, account paid, item is out of date, and etcetera.
Once TransUnion receives your dispute they will investigate the item. They will contact the collection agency or lender and verify the account, the dates on the account, and the account balance.
If the account can not be verified then it must be removed from your credit report. Frequently investigations result in the deletion of bad credit.
If an item is verified then if you have a service they can use advanced dispute techniques to remove it from your report. The techniques include; debt validation, escalated dispute information requests, and creditor direct intervention.
Often people are concerned with the legality of credit repair. This is 100% legal, the Fair Credit Reporting Act which was passed by Congress made it your right to dispute any item on your credit report that you feel is inaccurate.
We suggest you save all copies of your communication with TransUnion. In addition we discourage you from disputing items online or over the phone. We have found this to be an ineffective method of disputing bad credit items.
Also there is a 100 word statement that you can put on your credit report next to a derogatory item. In the past this was a place where you could provide an explanation as to why the account became delinquent.
Today if you fill out this statement it will more likely be used by the bureaus. The bureaus use this as verification that the item is accurate and they will deem any dispute letter you send as frivolous and ignore it.
In sum you can remove bad credit items from TransUnion. This is done by disputing the item. - 15465
You need to know that you must dispute an item with each credit bureau. If you fail to do this and only dispute TransUnion then your Experian and Equifax credit report will still show the item.
In a dispute letter the disputed item must be identified and a reason as to why the item is wrong. For example; not my account, account paid, item is out of date, and etcetera.
Once TransUnion receives your dispute they will investigate the item. They will contact the collection agency or lender and verify the account, the dates on the account, and the account balance.
If the account can not be verified then it must be removed from your credit report. Frequently investigations result in the deletion of bad credit.
If an item is verified then if you have a service they can use advanced dispute techniques to remove it from your report. The techniques include; debt validation, escalated dispute information requests, and creditor direct intervention.
Often people are concerned with the legality of credit repair. This is 100% legal, the Fair Credit Reporting Act which was passed by Congress made it your right to dispute any item on your credit report that you feel is inaccurate.
We suggest you save all copies of your communication with TransUnion. In addition we discourage you from disputing items online or over the phone. We have found this to be an ineffective method of disputing bad credit items.
Also there is a 100 word statement that you can put on your credit report next to a derogatory item. In the past this was a place where you could provide an explanation as to why the account became delinquent.
Today if you fill out this statement it will more likely be used by the bureaus. The bureaus use this as verification that the item is accurate and they will deem any dispute letter you send as frivolous and ignore it.
In sum you can remove bad credit items from TransUnion. This is done by disputing the item. - 15465
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For more about how to proceed with a TransUnion Dispute or for a review of Lexington Law a suggested credit repair service visit us.
