Credit Repair Dispute Letters
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Credit Repair Dispute Letters
Hello, and welcome to the Credit Repair Training Academy. In this video, I’m going to teach you the various techniques and tips on how to write a powerful dispute letter. Now I’m pulling this information right from the Credit Repair Training Academy class.
Now when it comes to writing a powerful dispute letter to assist you with removing inaccurate information off of your credit report, so you can – what? Improve your credit score. You have to know how to write a great dispute letter. Like you have to know what to put inside of that dispute letter, right? Because you’re communicating to the Credit Bureau. So that’s the whole purpose of writing a great dispute letter.
Now there’s a couple of things that you need inside of a letter when you’re preparing it, to send it to the credit bureau. So we’re talking about the Credit Bureaus now. We’re not talking about the collection agencies or the creditors.
Now when you are preparing your dispute letter for the first time, your credit repair dispute letter for the first time – you want to make sure that you have your first name, last name, date of birth, social security number, current address and the date. Now that’s the first block of information that you want on your dispute letter.
Now your dispute letter doesn’t have to be really fancy at all. All it needs is these basic elements that I’m getting ready to describe to you right now, alright? So – again – first name, last name, date of birth, social security number and current address and date.
Now you also want to put the account number for the accounts that you are challenging. You want to write down the creditors name and the account number that’s associated with that particular creditor.
Then you want to tell the Credit Bureau the reason why you feel this account is inaccurate. Build your argument. Explain, give examples on why you feel that this account is inaccurate, okay? Because you have to tell the Credit Bureau exactly what you want.
Now once you explain to the Credit Bureau why you feel the account was inaccurate, you tell the Credit Bureau what to do next. So now you’d tell them what to do. Tell them they need to fix it, remove it, correct it. That’s what you have to tell the Credit Bureau.
You have to give them the reason for this item being inaccurate, and then you have to turn around and tell them what they need to do from there. Because if you don’t tell them what they need to do, they won’t know what to do from that point, alright?
So if you have any proof that will support your argument on why the Credit Bureau’s need to remove this inaccurate information, then you want to submit that proof along with your letter. It’s very important that you follow these steps.
Now here’s some things you don’t want to do when you’re sending out a dispute letter to the Credit Bureaus. You don’t want to threaten the Credit Bureaus. You don’t want to really use legal language in your dispute letters when you’re first sending out these letters.
Now maybe 4 dispute rounds later, if the Credit Bureaus are not following the law, then maybe you can start mentioning lawyers, filing complaints – this sort of thing. But in the very beginning, you want to be friendly in your letter, and you’re just asking the Credit Bureau’s to remove or correct inaccurate information that’s on your credit report.
So don’t threaten them. Don’t harass them in the letter. Don’t seem or appear angry in your letter, because that’s not going to change your situation. They get 10 000 letters a day, and you are one of those 10 000 letters that go to the Credit Bureau’s.
And the Credit Bureau employees don’t even see the letters. They actually go through a computer, and the computer is the one who processed these letters. So you don’t have to get really fancy when it comes to writing a dispute letter.
Just send supporting documents with you if you have them. Explain to the Credit Bureau the reason why you feel this item’s incorrect. Tell them what to do. Give them that block of information that I just mentioned. And you can send it certified mail. If you’re doing it for yourself, send it certified mail. That way you know for sure that that Credit Bureau received your dispute letter.
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