Discovering that the information on your credit report is incorrect can be incredibly overwhelming. Many people are unsure how to proceed through these challenging times. Luckily, you can file a credit dispute to have this information removed. However, there are mistakes consumers commonly make during this process that can impact the outcome of their dispute. The following blog explores what you should know about these matters and why it’s in your best interest to connect with an inaccurate account information disputes attorney for further assistance.
Why Might I Need to File a Credit Dispute?
In the event you discover incorrect information on your credit account, understanding your rights as a consumer is critical. Incorrect information on your credit report can impact your financial future, as it may lower your credit score, causing you to be denied loans.
Additionally, if there is false or outdated personal information, it can impact your ability to secure a loan. For example, if your name is wrong on your credit report, you may be denied a loan, as the information on your application may not match what’s on your report.
What Mistakes Should I Avoid When Filing?
If you want to file a credit dispute, it’s essential to take the correct steps when doing so. Unfortunately, many people assume that when they file a dispute, as long as they point out the error, the credit reporting agency will do the investigating to determine whether or not the information is false. However, this is far from the truth. In reality, when filing a credit error dispute, you need to print out a hard copy of your credit report, highlight and explain the error in detail, and attach proof of the mistake.
Another common mistake many make when filing a credit dispute is setting multiple copies of the same report. Unfortunately, when you repeatedly send the same report, it can be marked as frivolous. As such, the error won’t be remedied. If your first dispute is denied, resubmitting the report with additional information can help your claim is critical.
Should I Connect With an Attorney for Assitance?
In the event, you need assistance filing the credit dispute, it’s in your best interest to connect with an experienced credit reporting attorney. If the agency continues to deny your claim despite providing substantial information, a layer can help you through these matters.
When there are errors on your credit report, the team at Loker Law can help. Our dedicated legal team understands the impact this can have on your life. As such, we are dedicated to helping you navigate these matters to ensure your credit report is accurate and holding reporting agencies accountable for their errors. Contact us today to learn how we can assist you through these matters.
