Do you have an account in dispute on your credit report and it's affecting your approval odds when it comes to lenders? Check out 4 steps to resolve the dispute so it can be removed!

1. 4 Steps To Remove Accounts In
Dispute On Credit Report

2. Everyone with a social security
number typically has a credit
report and that essentially is a
history of your financial accounts.
Credit reports will outline any
accounts you've opened, made
payments on, have closed and
other information pertaining to it.
Lenders use your credit report to
determine your credit worthiness
but if you have an account in
dispute, you'll run into problems.
Credit Reports

3. When you apply for loans and are not approved, the lender
will provide you with the reason. If you're rejected time
after time again because you have "Accounts In Dispute" you
can follow these four steps to take care of it!
Accounts In Dispute

4. Everyone is entitled to one free
credit report each year and
you'll need to obtain the most
recent copy to go over your
"accounts in dispute" so you can
start the process of removing
those remarks.
Step 1: Get Your Credit Report

5. You'll need to find the numbers to the 3 major credit reporting bureaus
to initiate the process of removing the "accounts in dispute" and keep
in mind that the process may be very time consuming. The 3 bureaus
to call include:
Step 2: Make The Call
• TransUnion: 800-916-8800 (when prompted,
press 4 then press 2)
• Experian: 714-830-7000 (when prompted, press
0)
• Equifax: 800-846-5276 (directly connects to a
person)

6. When you initiate an investigation to resolve the "accounts in
dispute", the credit bureaus have 30 days to look into the
matter and may receive an additional 15 days if you supply
them with information that’s relevant to the investigation. In
total, the maximum period is 45 days for an account in
dispute to be resolved.
Tip

7. After the investigation has exceeded 45 days and the
account in dispute is still being reported, speak with a
representative. You must be firm yet polite and ask as to
why the account is still being reported under dispute.
Mention the section 611-a-1-A and 611-a-1-B of the Fair
Credit Reporting Act requires the investigation to be
completed within 45 days max. This will prompt the
representative to figure out why the report is inaccurately
reporting the account in dispute.
Step 3: Talking With A Rep

8. Do not allow the representative to pass the dispute to the
original creditor because under federal law, the credit bureau
is responsible for removing the account if you are not
responsible for any money owed to the account.
Step 3: Continued

9. If you are responsible for the accounts in dispute, you will need to pay the
creditor but you need to document the process. Send a certified letter
outlining all the account information and request a receipt of payment so
then you can use that information to remove the account in dispute from
your credit report.
Step 4: Pay The Account

10. If you are among the many that are thinking about ways to
improve my credit, you can get strategic advice from
ImproveMyCreditUSA.com!
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