Tips to Disputing your Equifax Credit Report


BY The Lenders Network

tips to experian dispute

Equifax allows consumers to dispute items they believe are inaccurate. They have 30 days to investigate the items you dispute, if they cannot validate the information they must remove the item in question. In this article we will be going over some tips to disputing your Equifax credit report to get the best results.

Filing an Equifax credit dispute by mail

Create custom dispute letters, do not use template letters

how to dispute your equifax credit report

When mailing in a dispute letter to Equifax make sure you write the letter geared towards your specific situation. By using template letters word or word, you risk the chance of having your dispute thrown out and deemed as frivolous. A frivolous dispute is when a credit bureau believes you are disputing items on your credit report that are accurate, hoping they will be removed. When you use a template letter that other people have used, or that a credit repair company has used it will be recognized by text recognition software that Equifax uses.

If your dispute is flagged for being frivolous, Equifax will not investigate the accounts. Here are some sample dispute template letters you can follow, but remember these are just templates. Change the verbiage and customize the letter specifically towards your situation so the credit bureau does not red flag your dispute.

Always use Certified mail for Disputes with Equifax

mailing dispute letters to credit bureau

Sending your credit dispute to Equifax by certified mail is very important. Because the credit reporting agencies are regulated by the FTC, if they fail to follow the guidelines there can be penalties. One of the guidelines the FTC states is that a credit bureau has 30 days from the ate they receive a credit dispute to conclude their investigation. If Equifax does not end their investigation and send you updated results in 30 days, you have no proof. However, by sending your dispute certified, you will have the exact date and time Equifax received the letter. This is evidence you can use if you need to file a complaint with the CFPB.

If you mail your credit dispute, Equifax will always mail you the results. Allow up to 7 days after the 30 day time window has leaped to receive your results by mail. Typically, the total time it takes from the time you mail your dispute until the time you receive the results is approximately 45 days.

Include the following to your dispute letter to Equifax:

  • First and Last Name
  • Mailing Address
  • Date of Birth
  • Social Security Number
  • Copy of your Drivers License
  • Copy of a phone bill, utility bill, or bank statement with your name and address
  • Describe a reason for each account of why you believe it’s inaccurate

Equifax Dispute Address (Updated for 2017)

Equifax Information Services LLC
P.O. Box 740256
Atlanta, GA 30374

Disputing your credit report with Equifax by phone

Equifax also allows you to file a credit dispute by phone. Make sure you have a copy of your Equifax credit report on hand. Highlight all of the accounts you are disputing so you don’t have to scan the report for the accounts you are disputing. Remember that all 3 credit bureaus will not have the same accounts listed for you. Sometime a credit will report an account to one credit bureau instead of all three.

Reason for account disputes with Equifax

  • This account is not mine
  • I don’ot recognize the account
  • The balance is incorrect
  • This account was paid full
  • Late payment is not correct, I was never late

Equifax Disputes Phone Number

Phone: (800) 846-5279 – 8am – 7pm CST

Filing your Equifax Dispute Online

online equifax dispute

The quickest and most popular way of disputing items with Equifax is online. You can go the Equifax dispute center. There you can enter the items you wish to dispute. Go through and list each account and the reason for the dispute.

  • I do not recognize this account
  • Account was closed
  • Paid in full, should not be in collections
  • Account included in bankruptcy
  • I was never late on this account
  • Other (explain)

Equifax dispute online URL: https://www.equifax.com/personal/disputes

Going online is the quickest way to dispute with Equifax. You will need to mark each account you are disputing along with a reason. Once you hit submit, the 30 days begins. You will be notified via email of the results of your dispute.

Not all disputes will be removed. If you get even one or two negative accounts deleted, it can have a significantly positive impact on your FICO score. If the accounts are verified and remain on your Equifax report, you can continue to dispute them. Don’t give up. If you stay persistent you will see great results.

Tips on disputing your credit report with Transunion

Tips on disputing your credit report with Experian

How to remove late payments from your credit report

 

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