Description

An inaccuracy in your credit report is any information that is incorrect, incomplete, or outdated. This can include things like:

• A misspelled name or address
• A wrong account number
• A late payment that you actually made on time
• A debt that you don’t owe

If you find an inaccuracy in your credit report, you have the right to dispute it. You can dispute an inaccuracy by writing a letter to the credit bureau that is reporting the inaccuracy. Your letter should include:

• Your name, address, and Social Security number
• The specific inaccuracy that you are disputing
• Why you believe the inaccuracy is wrong
• Any supporting documentation, such as copies of bills or statements

The credit bureau is required to investigate your dispute within 30 days. If the credit bureau finds that the inaccuracy is correct, they will not remove it from your credit report. However, if they find that the inaccuracy is wrong, they will remove it from your credit report and notify the creditors who have been reporting the information.

You can also dispute an inaccuracy directly with the creditor who is reporting the information. The creditor is required to investigate your dispute within 30 days and take any necessary action to correct the inaccuracy.

If you are unable to resolve an inaccuracy with the credit bureau or the creditor, you can file a complaint with the Consumer Financial Protection Bureau (CFPB). The CFPB is a government agency that enforces the Fair Credit Reporting Act (FCRA), which is the law that protects consumers from inaccurate credit reports.