How to dispute account status with the credit bureau

Under the Fair Credit Reporting Act, credit bureaus should correct any inaccurate detail within a period of 30 days. So, if you find an inaccurate account status on your credit report, you can get it corrected by sending in a letter to the credit bureau. Here's a sample letter to dispute your account status.





* Disclosures:
  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
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