When you discover incorrect information on your credit report, it can be frustrating to file the report. However, mistakes happen, so taking the necessary measures to remedy the false inclusion is critical. If you believe there is false information listed on your credit report that the reporting agency has refused or failed to remedy despite filing a report, it’s likely in your best interest to connect with a credit dispute attorney. This blog explores what you must know about these matters and how our inaccurate account information disputes lawyers can help you through these complex matters.
What Might I Need to Dispute?
Generally, when there is false information on your credit report, you should take the necessary measures to dispute this information. There are two main forms of inaccuracies you may need to dispute – those regarding your personal information and those regarding your financial information.
Incorrect personal information includes misspelling your name, an outdated home address, or a false social security number. While these errors do not directly impact your credit score, you’ll find that their inclusion on your report can often result in you being denied loans, as the information on your application will not match what the lender sees on your report.
Additionally, any errors regarding your financial information should be remedied. This is because things like falsely reporting a late payment, listing duplicate accounts, or including debts that were forgiven during a bankruptcy filing can have a direct impact on your credit score. As a result, it can impact whether or not you are approved for loans and even where you can live.
When Should I Reach Out to a Credit Dispute Attorney?
Generally, when you discover an error on your credit report, you can file a dispute with the reporting agency directly to have the erroneous information removed from your report. This includes printing out a hard copy of the report, highlighting and explaining why the information is incorrect, and attaching supplementary evidence to help prove the information is false.
Once the report is received by the agency, they have 30 days to conduct an internal investigation to determine whether or not the information is correct. If it is not, they must fix the report.
However, if you find that despite providing necessary evidence, your dispute is still denied or ignored, you may be unsure how to proceed. As such, it’s in your best interest to connect with an experienced attorney who can assist you in having the information removed. Additionally, if you’ve suffered damages because of the agency’s error, you may be able to pursue financial compensation.
When you locate an error on your credit report that the reporting agency won’t fix, Loker Law, APC can help. Our firm understands that this can be an incredibly challenging matter, which is why we are dedicated to helping you navigate these times. Connect with us today to learn how we can assist you in this process.
