Review Your Credit Report for Inaccuracies

to review a copy of your credit report right now,

Each credit reporting agency follows their own format, but they provide the information which will help you decode your credit report.

For each credit report, carefully note any records which you believe to be inaccurate, incorrect, erroneous, misleading or outdated. It does not matter whether the information is negative, neutral, or even positive, if it is in anyway erroneous it should be removed.

List All Inaccurate Items

Once you have noted each questionable item, you should list them. Rank the most damaging information first, followed by the next most damaging, etc., until those items which are neutral. Do this for each credit report, as they may not all have the same questionable information on them.

The following ordered list should give you an idea of the significance of derogatory information:

Deceased status
bankruptcy
foreclosure
loan default
repossession
court judgments
collections
past due payments
late payments
credit inquiries
blended files and file variations

You will find that some of the questionable information is duplicated on one or both the other credit reports. You should send a dispute letter to each of the three major credit reporting agencies, for each questionable item appearing on their report.

The Credit Industry

The Inaccuracies in Credit Reports

The Fair Credit Reporting Act * FCRA

The steps required to restoring your good credit

Getting a copy of your credit report

Review Your Credit Report for Inaccuracies

Correcting Inaccuracies

Collection Agencies and your credit file

How to settle a debt and negotiate a settlement

Negotiating your credit rating

Building New Credit

Dealing With Debt