Mastering Credit Repair Disputes

Get Organized

Get Organized

If you are starting a credit repair effort you must get organized. Soon you will be sending dispute letters to the credit bureaus, and if you want your disputes to succeed you must have discipline and determination. You need discipline to organize your effort and to keep meticulous records of all of your outgoing and incoming correspondence. You also need determination, as you will soon discover that that the credit bureaus may resist your initial attempts, necessitating an organized ongoing campaign.

Three Separate Jobs

Organizing your credit repair project is not difficult. It may take effort to set up, and discipline to maintain, but it is essentially simple. Start by making three separate folders. You will want to segregate all of your communications with each bureau as you will inevitably be disputing common issues with each bureau and do not want to get them mixed up. In fact, you may want to think of your credit repair project as three separate jobs.

Use Unique Identifying Information

As you review your credit reports you may notice that errors are inconsistent between the bureaus. One bureau may report an error while the others do not. Or there may be cases where an error shows up on three bureaus but reports differently; even the account number may be different. If you want your credit repair to bear fruit you must reference the specific identifying details of the error so the bureau can match your dispute with the account as it shows in their records.

Customize Your Letters

In the spirit of treating your credit repair task as three unique projects, the letters you draft must be customized to the issues you find on each bureau report. As mentioned, the erroneous accounts must be referenced using the exact identifying information you find on the individual bureau. But beyond this, it is also important to make sure that the text of the letter is brief, clear, and appropriate to the individual dispute. There is good reason for this.

The Bureau Process

When a credit repair letter is received by the credit bureau it is sent to a processing center. At least two of the bureaus have moved their processing centers out of the country. Dispute processors are trained to scan your letters, identify the issue, translate the problem into a two digit code, and enter it into their software. And they are expected to do this in a matter of seconds.

Keep it Brief

When you prepare your letters be concise. Keep the bureau process in mind. Longwinded dissertations will not help your case. In fact, there is every chance that a detailed explanation of an issue will cause the processor to reject your dispute off hand. Condense the reason for your dispute to the simplest verbiage possible. For example, if the account is not yours, just say so.

The Battle Begins

Once you get your credit repair in gear and letters have been sent and responses are coming back it is time to steel yourself for the next phase, the battle. This is where your determination will be tested. It is almost inevitable that some of your requests will be met with denial. This may take several forms. Your letter may be rejected as frivolous. You may be asked for identification, even if you provided it the first time.

Stand Your Ground

Learn to stand your ground. Remember that the credit bureaus are processing millions of dispute letters, so do not take anything personally. If your dispute was rejected there is a very reasonable chance that it was never even read. So do not read anything into the rejection. But you must respond calmly and press your case. Whatever the stated cause of the rejection was address it briefly, refute it, and reaffirm your dispute. Credit repair requires some fortitude, but stand your ground and you will prevail.

Copyright 2010 Ian Webber. All Content. All Rights Reserved.

by: Ian Webber

POST COMMENT

Ps3 Repair Guide - How To Get Your Ps3 Fixed About Car Repair Services in Dallas Ps3 Repairs - How To Get Your Ps3 Fixed Playstation 3 Repair - How To Get Your Ps3 Fixed Patient's Guide To Minimally Invasive Mitral Valve Repair HP Printer Repair: Get Help from Experts Credit Repair - Is It Really Possible? Los Angeles computer repair service providers for major computer issues Windows DLL Errors – How to Detect and Fix Windows DLL Errors with Free Tips Sash Windows London Runtime Error Problem – How to Instantly Repair Runtime Error In Minutes Make Your Old PC Brand New With Computer Repair New Jersey in This Christmas Runtime Error 67 Problem – How to Instantly Repair Runtime Error 67 In Minutes