To dispute mistakes in credit report, you need to write a letter to repair credit to all 3 bureaus Experian, TransUnion and Equifax who gather information about your finances but correctness is not supported by audit .There is a Website on internet operated by govt. to check previous reports as suggested by FTC
The FTC is contradict to three large bureaus as it insist manual improvement letters to be issued in comparison to bureaus who suggest online submission. These above mentioned bureaus write its postal address at website to claim dispute. All detailed explanation about mistake and its problem should be clearly spelled out in letter. Proof likes credit card statement or bank statement with canceled cheques must be attached for record purpose. The Post office deptt. will give P.O.D & will take some fee to send letters by certified mail. To tackle the disputes bureaus have a period of 30 days from its receiving.
A website known as Divorcenet.com suggests that letters of disputes which seems to be fraudulent, playful or unfounded must not be followed by three agencies namely Experian, TransUnion and Equifax. Letter of credit improvement gives goodwill for claims if it is designed to all the bureaus. To make sure about if claims are researched well these bureaus contain different information, mentioning reports contents specifically. Credit improvement is strengthened if all evidence of corroborating are attached with the letter. This letter must contain name of customer ,its address, phone number and Social security number. This must specifically suggest all items are removed & checked.
As per guidelines of FTC the three bureaus must give response to disputes if these are investigated and also be completed within a month, it is made compulsory by U.S Fair credit Reporting Act.. Thereafter these bureaus are required to give reply in writing that disputed things are checked or deleted from list. If the lender do not authenticate suspected entry then it is to be deleted. All the deleted entries help to improve credit as adverse data do not raise credit scores and also creditors do not consider it.