Monday, February 15, 2010

Today I have an unheard of, little-known dispute strategy that can work in situations where the credit bureaus have determined that the prior dispute was"verified as belonging to you".  This is also good to use as a specific strategy and unique approach because it goes well beyond the general reasons for disputing such as "not mine", or "I was never late", etc. In fact, even if the credit bureaus rejected your "not mine" dispute, and concluded that the item in question was verified as belonging to you, there is no reason that you cannot dispute the item again.
Only this time around, you are going to get very specific and force the credit bureaus to actually do some work and investigate. (typically they use codes and rarely do they do anything that even remotely resembles investigating).
So instead of sending a general dispute letter claiming that the item isn't yours or that you have no knowledge of the account, you will attack specific listings and figures reported in the account.  Here are some examples of what I mean:
The item is being reported as an "open" account. This is not accurate, please delete this.
The item has never been 90 days late, please remove it.
The account is being listed as an "installment account". This false, please remove it.
This account is showing an inaccurate balance. Please correct the balance amount, or remove it.
The end of the 7 year reporting period should be listed as 6/2010. Please correct or remove this.


I think you get the idea.  Be specific with inaccuracies with the tradeline. Many tradelines are incomplete as well as inaccurate.  When you force the credit bureaus to actually look into the account, they have to put in work, which they usually try to avoid.  You are also avoiding being catagorized or considered in the group of "Not mine" disputes, so they are doing more than checking whether the creditor confirms it belongs to you or not.  And keep in mind, at no point did you claim the listing doesn't belong to you...you want to hold the creditor and the credit bureaus to the law under the FCRA.  And that means if they cannot prove that the listing is complete and/or accurate, it MUST be removed from your credit report.  Give this powerful method a try.  You will find it is very effective. You can find little-known methods like this and many, many other rare techniques that most people have no clue even exist----> RightHere

No comments:

Followers