The Exact Action To Take When You Find Errors In Your Credit Report -

Home
>
Credit
>
The Exact Action To Take When You Find Errors In Your Credit Report

The Exact Action To Take When You Find Errors In Your Credit Report

There are times when you may be turned down for credit and you do not understand why.

According to the Fair Credit Reporting Act you are entitled to a free copy of your credit report if you have been denied credit because of negative items on your credit report within 60 days of the request for credit, if you are unemployed but looking for work, are on state benefits, or believe that your credit report is incorrect because of fraud.

You may also receive a copy of your credit report for a small fee at any time in which you want to review the information contain therein.

If you dispute any of the information on your credit report, there are steps that you, the credit reporting agency and the information provider must take to have the information corrected or deleted form your report.

1. You should contact the credit reporting agency and request that the inaccurate information be taken off. To do this you will need to send a letter of request and enclose a copy of the report with the incorrect information highlighted. Send your request certified mail and indicate that a return receipt is requested.

2. The Credit reporting agency will forward the request to the information provider at which time they will review and investigate the request. If the information cannot be verified, then they must remove it. They can either correct or deny the request to change the information. They will then send their findings to the credit reporting agency.

3. If the information provider finds that their was an error they will provide written proof of the change and send a copy of the report to you, the credit reporting agency and anyone who has requested a copy of your credit report in the last six months.

4. If the information provider finds that there was no error, you can request that the credit reporting agency send a copy of the disputes with any report that is requested by creditors. You can also provide an explanation of a negative report in 100 words or less that will be included in any reports to creditors.

Another alternative is to pay the debt, which would require the creditor to report the debt paid.

You should also be aware that negative reports will remain on your credit for up to seven years at which time they will be deleted in most cases.

There are some exceptions, these include, bankruptcy, which can be reported for up to 10 years, and loans or life insurance policies which are in excess of £80,000.00, or criminal convictions, which can be reported at all times.

Michael Sherriff has authored a number of best selling eBooks covering a range of topics. He is best known for the UK hot selling "UK Credit Secrets" which is revised and updated each year to ensure consistent accuracy.

If you ever wanted to know the legal, quickest and easiest route to repairing your own credit file without having to pay someone hundreds of pounds to do it for you then you must check out his web site at http://ukcreditsecrets.co.uk If you're quick you may still find the special offer he is running for the ebook. http://ukcreditsecrets.co.uk

In The News:

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.boston.com/business/personalfinance/articles/2008/12/02/credit_card_companies_to_pare_lendingcid=1276652801ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNEZDHJAuaSRpk4r71Jnr_a4-vMtCgimg src=http://news.google.com/news?imgefp=zA1ouGwEKnsJimgurl=cache.boston.com/resize/bonzai-fba/Globe_Photo/2008/12/01/1228186036_6490/300h.jpg width=75 height=80 alt= border=1brfont size=-2Boston Globe/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://money.cnn.com/news/newsfeeds/articles/djf500/200812021452DOWJONESDJONLINE000586_FORTUNE5.htmcid=1276652801ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNH7-o5p6X9WgZDk_uYbyK9PDyfwdgNext Stage Of bCredit/b Freeze May Hit Home Prices, bCredit/b Cards/abrfont size=-1font color=#6f6f6fCNNMoney.comnbsp;-/font nobr40 minutes ago/nobr/fontbrfont size=-1Second, over the next 18 months, well over $2 trillion in lines of bcredit/b from bcredit/b cards would be canceled as banks try to minimize their losses from b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.boston.com/business/personalfinance/articles/2008/12/02/credit_card_companies_to_pare_lendingcid=1276652801ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNEZDHJAuaSRpk4r71Jnr_a4-vMtCgbCredit/b card companies to pare lending/a font size=-1 color=#6f6f6fnobrBoston Globe/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.reuters.com/article/wtMostRead/idUSTRE4B01HI20081201cid=1276652801ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNFPRPBvB5p3Ry9zt_wt7OsP1BZYwgbCredit/b-card industry may cut $2 trillion lines: analyst/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da1KBBJn8ORc4%26refer%3Dhomecid=1276652801ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNFNLVZnRZ9Hd1NgoYUXEhHz5Im6GQUS Consumers Seen Facing â€˜Liquidity Squeezeâ€™: Chart of Day/a font size=-1 color=#6f6f6fnobrBloomberg/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.nationalledger.com/ledgerdc/article_272624044.shtmlcid=1276652801ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNFjUfRSziB1NWMcL8kO0OswRBo7sgnobrNational Ledger/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.consumeraffairs.com/news04/2008/12/credit_card_cutbacks.htmlcid=1276652801ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNG-ax4QxrYl5vEIX8RjE5n353TXFgnobrConsumer Affairs/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276652801hl=ennobrall 65 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Blackboard-Inc-Present-Credit-Suisse/story.aspx%3Fguid%3D%257BA0D50B0F-72E6-462F-B6BF-BAD78C0FF722%257Dcid=1276514178ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNHhjoARQMmUhmRhc9XHgPV-czQG8QBlackboard Inc. to Present at the bCredit/b Suisse Annual Technology b.../b/abrfont size=-1font color=#6f6f6fMarketWatchnbsp;-/font nobr8 hours ago/nobr/fontbrfont size=-1b.../b SVP of Treasury amp; Investor Relations, will present at the bCredit/b Suisse Annual Technology Conference in Scottsdale, Arizona on Wednesday, December 3, b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://newsticker.welt.de/index.php%3Fchannel%3Dfin%26module%3Dsmarthouse%26id%3D817619cid=1276514178ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNHci_OXxFIUBCwzhLWoKoUJTfDoZQAMD to Present at bCredit/b Suisse Annual Technology Conference/a font size=-1 color=#6f6f6fnobrWELT ONLINE/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Salesforcecom-Chairman-CEO-Deliver-Keynote/story.aspx%3Fguid%3D%257B4F10AEC3-E4F3-434D-BDB5-4CD617F44821%257Dcid=1276514178ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNFGRKUcATG8-DMmrxiiLMDkPWmXLQSalesforce.com Chairman and CEO to Deliver Keynote Presentation at b.../b/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Kenexa-Present-Credit-Suisse-Annual/story.aspx%3Fguid%3D%257B13A833C0-111F-4306-B527-6FD5A030DD37%257Dcid=1276514178ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNGq1p661hH8Bu3lqc6Suj6kc_mQtQKenexa to Present at the bCredit/b Suisse Annual Technology Conference/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/SuccessFactors-Chief-Financial-Officer-Participate/story.aspx%3Fguid%3D%257BA93A72F1-10F2-499E-97F3-FEDCB7964F5E%257Dcid=1276514178ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNHNu2qv_Y7lFIj3IkoWaJfa3e4lEQnobrMarketWatch/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Brocade-Corporate-Controller-Charles-Read/story.aspx%3Fguid%3D%257B43EBDDFA-AC9B-4C92-A6C7-14DEC7ECD0E9%257Dcid=1276514178ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNGJOfWx1s4KVyPLA1tBoAPsyCHtEwnobrMarketWatch/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276514178hl=ennobrall 107 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.itv.com/News/Articles/Suisse-to-cut-650-jobs-480641291.htmlcid=1276632914ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNEo__JKnYkOQv4q0kiy-TWkCN6_qgimg src=http://news.google.com/news?imgefp=WA7Gc5zx8-gJimgurl=www.itv.com/img/157x104/Suisse-to-cut-650-jobs-adc53adc-9240-4cd5-a081-1479af7d72da.jpg width=80 height=53 alt= border=1brfont size=-2ITV.com/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3Da_VSyM184lVE%26refer%3Deuropecid=1276632914ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNHpJiJrgpk-DyK_kgDFlJyruHQURAbCredit/b Suisse Drops After Report on Expansion of US Tax Probe/abrfont size=-1font color=#6f6f6fBloombergnbsp;-/font nobr9 hours ago/nobr/fontbrfont size=-12 (Bloomberg) -- bCredit/b Suisse Group AG fell as much as 7.5 percent in Zurich trading after a report that the US Justice Department widened a tax evasion b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.forbes.com/markets/2008/12/02/credit-suisse-ubs-markets-equity-cx_vr_1202markets08.htmlcid=1276632914ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNG6xbJCSRBgIBcRYnYGxU_Ydp1XzQbCredit/b Suisse Switches Tack/a font size=-1 color=#6f6f6fnobrForbes/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.reuters.com/article/ousiv/idUSTRE4B11X320081202cid=1276632914ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNEZNStKa7ddC_0JeCXx59SzB7zOrgbCredit/b Suisse to cut 650 investment banking jobs/a font size=-1 color=#6f6f6fnobrReuters/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.nytimes.com/2008/12/02/business/02tax.html%3Fref%3Dbusinesscid=1276632914ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNGjWrkq7zulTj5H5j5QFDYlzZ1epwUS Is Said to Expand Tax Inquiry/a font size=-1 color=#6f6f6fnobrNew York Times/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://uk.reuters.com/article/wtMostRead/idUKTRE4B11WT20081202cid=1276632914ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNHEpSiLxOzRp39Ys9hjmP9Y0phFiwnobrReuters UK/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.google.com/hostednews/afp/article/ALeqM5ifhP2AZSEhDUqPeMP_otgmWkiT1gcid=1276632914ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNHZKTmdw8mOCxPFXyE0TYxc-eA83AnobrAFP/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276632914hl=ennobrall 403 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.abcnews.go.com/Business/Economy/story%3Fid%3D6373992%26page%3D1cid=1276761658ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNE8hFdTQDTfYcfO38qTZNde4GEKLQimg src=http://news.google.com/news?imgefp=PI-XT8ScB3oJimgurl=a.abcnews.com/images/Business/ap_big_three_081202_mn.jpg width=80 height=60 alt= border=1brfont size=-2ABC News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaJQrO7TRuSjU%26refer%3Dhomecid=1276761658ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNH0QQklNa3IV80izu63zp8kVAtfgQFord Motor Asks Congress for $9 Billion bCredit/b Line (Update2)/abrfont size=-1font color=#6f6f6fBloombergnbsp;-/font nobr4 hours ago/nobr/fontbrfont size=-12 (Bloomberg) -- Ford Motor Co. today asked Congress for a bcredit/b line of as much as $9 billion, saying it expects to break even or be profitable before b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://money.cnn.com/news/newsfeeds/articles/djf500/200812021257DOWJONESDJONLINE000528_FORTUNE5.htmcid=1276761658ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNG-79rXE8TyZhVMyl14X6XHX-86iQUPDATE: Ford Asks For $9 Billion Backstop Loan; Aims For #39;11 Profit/a font size=-1 color=#6f6f6fnobrCNNMoney.com/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.dcexaminer.com/opinion/blogs/TapscottsCopyDesk/Easy_Credit_Isnt_So_Easy_Anymore_120308.htmlcid=1276761658ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNFbSiWvd2VBrwfuNn3_wN2XzPweiwEasy bCredit/b Isn#39;t So Easy Anymore/a font size=-1 color=#6f6f6fnobrWashington Examiner/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.latimes.com/news/printedition/suneditorials/la-oew-burtless-ikenson2-2008dec02,0,457572.storycid=1276761658ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNGEOhN7zrwdh2PzeNRfLRdAeImRqwAmerica without its automakers/a font size=-1 color=#6f6f6fnobrLos Angeles Times/nobr/font/fontbrfont size=-1 class=pa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://blogs.motortrend.com/6366593/government/is-ford-the-best-and-the-brightest-blue-oval-asks-for-9-billion-credit-line/cid=1276761658ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNFj6Bo8AlrqTgMwxWWJrq-HvpfqWQnobrMotorTrend Magazine/nobr/anbsp;- a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.kentucky.com/589/story/612553.htmlcid=1276761658ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNETA0yEnywekfy1TnAQtPL3OCyqpwnobrKentucky.com/nobr/a/fontbr/font class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276761658hl=ennobrall 2,277 news articles/nobr/a/font/div/font/td/tr/table

table border=0 width= valign=top cellpadding=2 cellspacing=7trtd width=80 align=center valign=topfont style=font-size:85%;font-family:arial,sans-serifa href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.economicnews.ca/cepnews/wire/article/170621cid=1276873961ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNFHiX_jBs95tvZaF7mIecAzsWIEsAimg src=http://news.google.com/news?imgefp=3qr1TO02A8sJimgurl=www.economicnews.ca/cepnews/img/article/missing.jpg width=80 height=60 alt= border=1brfont size=-2CEP News/font/a/font/tdtd valign=top class=jfont style=font-size:85%;font-family:arial,sans-serifbrdiv style=padding-top:0.8em;img alt= height=1 width=1/divdiv class=lha href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.google.com/hostednews/ap/article/ALeqM5iEfGOmri0AYSVa9giU4ORFSNAhJwD94QP1600cid=1276873961ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNEIoXv4Ron7E456X0Cad_tDFIpu-QbCredit/b fears creep even into cash-rich oil sector/abrfont size=-1font color=#6f6f6fThe Associated Pressnbsp;-/font nobr47 minutes ago/nobr/fontbrfont size=-1HOUSTON (AP) â€” Access to bcredit/b and the capital needed for exploration and production is the biggest obstacle facing oil companies in 2009, even more than b.../b/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://money.cnn.com/news/newsfeeds/articles/djf500/200812021315DOWJONESDJONLINE000543_FORTUNE5.htmcid=1276873961ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNFpvIM9p9_3toyy_mhvd-ibg_kabAOil Cos Avoid Budget Cuts Despite bCredit/b, Price Fears - Survey/a font size=-1 color=#6f6f6fnobrCNNMoney.com/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.marketwatch.com/news/story/Credit-Capacity-Top-Financial-Concern/story.aspx%3Fguid%3D%257B94320317-E616-4CAF-B72D-99E1FC488A2E%257Dcid=1276873961ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNHYAmKpDPiSG959AP7CnMciFIwBLQbCredit/b Capacity is Top Financial Concern of Energy CFOs, According b.../b/a font size=-1 color=#6f6f6fnobrMarketWatch/nobr/font/fontbrfont size=-1a href=http://www.citywebshopper.net/articles/includes/redirect.php?url=http://www.easybourse.com/bourse-actualite/marches/oil-cos-avoid-budget-cuts-despite-credit-price-fears--572306cid=1276873961ei=i5w1SamOMYPK8ATulrAJusg=AFQjCNHJ5pnKTPeQ2yynFKoRpQM-5bt2wwOil Cos Avoid Budget Cuts Despite bCredit/b, Price Fears - Survey/a font size=-1 color=#6f6f6fnobrEasyBourse.com/nobr/font/fontbrfont class=p size=-1a class=p href=http://news.google.com/news?sourceid=navclientie=ISO-8859-1rls=GGLG,GGLG:2005-22,GGLG:enncl=1276873961hl=ennobrall 55 news articles/nobr/a/font/div/font/td/tr/table

credit - Google News