Lesson 1, Topic 1
In Progress

Dispute Letter Introduction

Brayan August 16, 2022

Dispute Letter Introduction

By sending these dispute letters, you are asking the credit bureaus to validate your records. These records include copies of the original contract you signed agreeing to the payment terms. Most companies do not have these records available. We use this tactic because the Fair Credit Reporting Act protects consumers from misinformation being used against them. 

Remember to keep track of when you sent the dispute letter. The FDCPA requires credit bureaus to resolve the issue within 30 days. If they do not mark the item as disputed or have attempted to solve the issue within 30 days, they may be liable for damages up to $1000 per occurrence.

Disputing Process

You will need to edit your letters to describe the reason why you are disputing the item. 

Reasons to dispute: 

✔ Inaccurate   

✔​​​​​​​ ​Incomplete  

✔​​​​​​​ ​Unfair           

✔​​​​​​​ ​​​​​​​​Unverifiable 

If you have “public records” you need to dispute ( judgement, bankruptcies, and/ or liens) you will dispute straight to the credit bureaus. For all other items, you will dispute straight with the creditor (who you borrow money from).