The Fair Credit Reporting Act is a federal law that regulates credit reporting bureaus and prohibits inaccurate or obsolete information from being reported in credit files.
You have a right to get a copy of your credit report any time, but you may be charged a fee. When you receive it, carefully check all the information, including all account numbers and payment records. Make sure that old accounts you closed are listed properly with the words "closed at the consumer's request."
You have the right to correct errors in your credit report. Enclosed with your credit report will be a form or letter explaining what to do if you find inaccurate information or items you do not agree with. Always dispute inaccurate information.
After you begin the dispute process, the credit bureau must check with the source of the information and send you an update. It must respond to your dispute in a timely way. In most cases, you should receive a response in 30 to 45 days.
If, after hearing from the bureau, you disagree with its response, you can add up to a 100-word statement to your credit report giving your side of the story.
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The Fair Credit Reporting Act is a federal law that regulates credit reporting bureaus and prohibits inaccurate or obsolete information from being reported in credit files.
You have a right to get a copy of your credit report any time, but you may be charged a fee. When you receive it, carefully check all the information, including all account numbers and payment records. Make sure that old accounts you closed are listed properly with the words "closed at the consumer's request."
You have the right to correct errors in your credit report. Enclosed with your credit report will be a form or letter explaining what to do if you find inaccurate information or items you do not agree with. Always dispute inaccurate information.
After you begin the dispute process, the credit bureau must check with the source of the information and send you an update. It must respond to your dispute in a timely way. In most cases, you should receive a response in 30 to 45 days.
If, after hearing from the bureau, you disagree with its response, you can add up to a 100-word statement to your credit report giving your side of the story.