Frequently Asked Questions: REMOVING ITEMS FROM CREDIT REPORT
Our readers want to know...

"Will removing delinquent items from my credit report improve my credit score?"

There's a good chance that if you have a credit report, there could be inaccurate or outdated credit entries in it. Experts note that more than half credit reports in the U.S. contain at least one erros. That possibly could be why your credit score is lower than it really should be. Removing these delinquent items from a credit report can definitely improve your FICO credit score.

Full details on how to repair your credit can be found in the FindHow2.com 'Credit Repair Guide.'

You can get a free copy of your credit report once each year from each of the big three credit bureaus -- TransUnion, Experian, and Equifax. Once you have copies of your credit reports, take the time to carefully study all three reports thoroughly, looking for:

  • incorrect dates
  • inaccurate amounts due creditors
  • mistaken account numbers responsibility
  • misplaced explanatory comments

If you find errors in your credit history, write to the credit bureau and dispute the entries. This site can help teach you about removing late payments from a credit report yourself. Send dispute letters by registered mail so that you will have proof of your letters being received. You will also have the option to dispute items online, using a special code the reporting bureaus e-mail you.

You should receive your updated report within 30-45 days. Pay careful attention to whether or not all of the corrections and deletions you requested are now reflected on the new report.

If you aren't satisfied with the final results, you are within your rights to add a 100-word statement to your credit report indicating your side of the story. We offer you a free example of this type of credit dispute letter later in this article.

There are the basic steps to cleaning up your credit reports, and thereby improving your ability to borrow money for investments, long-term beneficial purchases, college education, a new car or a new home, etc. Follow our free advice for rebuilding credit scores by 60-90 points. This info regarding repairing and raising your credit score will lead you step-by-step through these easy to learn procedures:

Step #1 -- Request credit report from each credit reporting agency in your area.

Step #2 -- Dispute all inaccurate entries in writing and mail to respective agencies.

Step #3 -- Review updated credit reports you'll receive in 60-90 days. Detect any items which were not removed into another letter (basically repeting Step #2 until erroneous entry has been removed.) Mail this letter 120 days from last updated report you receive.

Step #4 -- If all else fails, you can write a 100-word statement entry that explains your side of the story for entries you cannot get removed by any other means.

Read FindHow2.com's 'Credit Repair Guide' to learn how to repair your credit.


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