| There are 5 steps you need to take if you discover | | | | 5. Write a letter including you name and address |
| that some of the information on your credit report is | | | | 6. Identify every single item you're disputing on your |
| wrong, and you need to take these steps as oon as | | | | report |
| you possibly can. | | | | 7. Explain clearly why you are disputing this information |
| First off you should be aware that the lending agency | | | | 8. Request in writing that you need this information to |
| who submitted the information is ultimately responsible | | | | be deleted or corrected |
| for correcting it but it's your responsibility to bring it to | | | | 9. Include a copy (not the original) of your credit report |
| the attention of the credit reporting agency, so they | | | | 10. Circle the items that you are disputing, for clarity, |
| can notify the lender that corrections need to be | | | | and expediting purposes |
| made. | | | | Now send the copied documents along with the letter |
| 1. If you see inaccurate information on your credit | | | | (by way of certified mail, with a return "receipt |
| report you should | | | | requested") to the CRA that reported the |
| 2. Gather all the documents you have, that you feel | | | | misinformation. |
| proves the reported information is wrong. | | | | When you receive the return receipt make a note of |
| 3. Double check the information that you have against | | | | the effective date on it, as the CRA is required to |
| that of the credit report | | | | investigate what you are questioning, and will usually |
| 4. Make copies of all relevant pages, and highlight the | | | | take care of the request within a 30 day time-frame. |
| information which is pertinent to the matter | | | | |