draexo

Credit Report Dispute Letters

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I have found this forum to be very helpful.

I have a question that seems to be "debatable" when I search.

In regards to disputes with the "Big 3" CRA's, I have about a dozen accounts for each I need to dispute.  Thoughts on a single letter for each item (12 per agency) or one letter for all (1 per agency)?  

 

 

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The minimum wage/paid-by-the-hour clerk that will enter your disputes into their computer system has a quota.  They have to deal with X number of letters per hour.  Which means, they only have a limited time to give each letter.  When that time is up...they move on to the next.  12 disputes in one letter means they'll probably only do the first 3 or 4 and then move on.

On the other hand, if they receive 12 different letters at the same time from what they see as the same person...they might ignore some of them.

Bottom line...its a crap shoot.  Dispute online if you can.

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12 minutes ago, draexo said:

I can dispute online.  Is it as effective?

 

It’s best to order hard copies of your CR from each CRA and dispute in writing.  Your disputes should point out specific information you deem to be inaccurate.  It’s best to provide proof of your claims.  

Note that a dispute will not result in the deletion of an entire TL.  It only results in the deletion or correction of the piece of information shown to be inaccurate.

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1 hour ago, draexo said:

So why bother to dispute anymore?  Seems like nothing will get deleted.

Incorrect information will be corrected or deleted, but they aren't going to remove a valid entry just because you write a letter. I've had two experiences with dispute letters. In one case it caused a problem with a mortgage because a "dispute" was somehow worse than a debt. That could have been an outlier, as the finance guy was sketchy and was looking for an easy close. The other case involved Cavalry suing for a different amount than they were reporting. In that case a dispute is the first step required in order to catch them in an FCRA violation. 

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On 5/23/2019 at 7:13 AM, draexo said:

I have found this forum to be very helpful.

I have a question that seems to be "debatable" when I search.

In regards to disputes with the "Big 3" CRA's, I have about a dozen accounts for each I need to dispute.  Thoughts on a single letter for each item (12 per agency) or one letter for all (1 per agency)?  

 

 

Can you provide details of what type of accounts are they? collections? Credit cards? charge offs etc...

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