It is a wise idea to review your credit report a minimum of once per year to find fraudulent accounts and errors. Identity theft victims often first learn that their identity has been comprised when they go over their credit report. If you do discover fraudulent accounts or errors, know that you have a right to dispute your credit report. Under the federal Fair Credit Reporting Act (FCRA), the three primary credit reporting bureaus--Equifax, TransUnion and Experian--have to correct errors on your credit report. The creditor at fault (such as a mortgage provider or credit card company) must also make corrections.
Step 1
Print out two copies of your disputed credit report. Circle every item that is erroneous.
Step 2
Write a letter to the bureau that issued your credit report. Make sure to date your letter and include your name and address. Write in detailed language to describe the exact errors on your report and the reason these items should be erased. Include any information or documents that could support the credit report you printed out in the first step.
Step 3
Make a copy of your credit report, letter and supporting documents so you have access to all the information you send for your dispute.
Step 4
Mail your credit report, letter and other accompanying documents by certified mail to the credit reporting bureau (see Resources to find the address of each credit reporting bureau). Ask for a return receipt from the post office so you can know when your letter is received.
Step 5
Write another letter to the creditor who is at fault. If, for example, your credit report states that Huntington Bank issued your credit card and this is false, send the letter to Huntington Bank. Explain exactly why the information they sent is false and ask that they update their records. Repeat Steps 3 and 4.
Step 6
Wait for a reply from your credit reporting bureau.
Step 7
File a complaint through the Federal Trade Commission if you do not hear from your creditor within 45 days. Continue contacting the creditor at fault by writing and phoning until you receive an appropriate written reply.
Step 8
Request that your creditor include a copy of the dispute you sent with your future credit reports to allow future creditors to know that you have disputed the credit report, if the creditor states your dispute is frivolous.
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