Submitted by Naomi M on Mon, 09/24/2007 - 16:55.
Sample Deletion and Dispute Letters
Here’s a collection of sample derogatory account deletion and dispute letters to send to the credit bureaus or creditors.
Includes my comments on what NOT NOT TO INCLUDE to keep from getting your letter "red-flagged."
In today's credit markets, obtaining a real estate loan for commercial or residential property with good terms is more challenging than ever.
If you have fair or poor credit, you can forget about getting a loan for the most part. You need to remove negative credit items and have a good FICO score.
This section of the website has been developed to educate you on what really works and what’s a waste of valuable time to get derogatory credit items removed from your credit report.
The letters that most people send to the credit bureaus or creditors quickly get "red-flagged" and tagged as "frivolous" - which means your letter gets ignored.
I’ve taken the time to make comments on the most common dispute letters in the sample collection to help you avoid getting "red-flagged."
What You’re Up Against with the Credit Bureaus and Creditors
Such sample letters that Demand Validation of Debt, Account Not Mine, Remove Inquiry by Creditor, Threat to Complain to the FTC and more are typically “boiler-plate” letters that the credit bureaus receive by the thousands each day.
Guess what happens with the majority of the letters the bureaus and creditors get?
They get put in the huge stack labeled “frivolous” dispute letter. Then they send you a “boiler-plate” letter in response to your “boiler-plate” dispute that says something like:
“We have researched the credit account. Account # XXXXX. The results are: Equifax verified that this belongs to you.”
Or, if you use a credit repair company such as the ones that advertise on the internet, like Lexington Law Firm, (which I tested out for a client with disappointing results) to send dispute letters, the response is, “We have received a recent request regarding your credit information that does not appear to have been sent directly to us by you. As a precautionary measure, we have not taken any action on your alleged request.”
These are actual statements I’ve read myself on credit reports.
Now what do you do? Where’s your leverage to keep disputing the derogatory account? You can keep writing a dispute letter on the same derogatory item and hope they fail to respond within the 30 days to catch them in a violation of the law. Then what do you do?
This is a very frustrating way of trying to remove negative credit items.
WHAT DOES WORK
Here’s the good news. There is an effective method to dispute and remove negative credit items that works.
I did a lot research to find an authority on credit repair strategies that really work. For more details on the recommended guides, Click Here to review the Credit Repair and Debt Reduction "How To" Guides.
I highly recommend you obtain your personal copy of the The Credit Report Audit System.
The expert and author of this DIY credit repair system has put together a step-by-step instruction guide that he developed after he spent over 12 months interviewing former executives from the major credit bureaus, lending institutions, collection agencies and even FICO.
He studied their businesses inside and out to find the flaws in their systems. Using this information he created a blueprint to exploit their weaknesses. After years of testing, he has perfected the process.
In the off-chance the credit bureaus, creditors or debt collectors are extremely stubborn after using the strategies in The Credit Report Audit System, you will need to sue them in Small Claims Court. It is fast, cheap and effective to use small claims as your ultimate "deletion" tool.
Details on using Small Claims against your creditors is found in the guide, Good Credit is Sexy. (yes, I know it’s a funny title)
You’ll learn how to sue your creditors and win. Winning in this case means two things: [1] Get the derogatory item deleted from your credit report and [2] collect fines from $1,000 and up for each violation of the law they commit against you. How’s that for getting even!
Best wishes in your efforts to restore your credit,
Naomi M
Includes my comments on what NOT NOT TO INCLUDE to keep from getting your letter "red-flagged."
| Most Requested Sample Dispute & Deletion Letters | |
| # Click the Links for DIY: Repair Credit | DIY: Get Rid of Your Debt | |
| No 1: Remove Inquiry by Creditor | |
| No 2: Validate Debt From a Collector | |
| No 3: Letter
to validate debt item to creditor or credit bureau Followup after 30 days |
|
| No 4: Letter
to validate debt item to creditor or credit bureau Followup after 60 days |
|
| No 5: Dispute Derogatory Credit as "Not Mine" | |
| No 6: Dispute Items to Credit Bureau | |
| No 7: Dispute Items to Credit Bureau Example #2 | |
| No 8: Creditor Deletion Letter Demanding Creditor or Credit Bureau to Validate Derogatory Credit | |
| No 9: Letter
to validate debt item to creditor or credit bureau Followup after 60 days |
|
| No 10: Disputed Items To Credit Bureaus Example #4 | |
| No 11: Intention to File a Complaint with the FTC | |
| No 12: Intention to File a Complaint with the FTC Example #2 | |
| No 13: Letter of Intent to File Complaint to FTC Example #3 |
In today's credit markets, obtaining a real estate loan for commercial or residential property with good terms is more challenging than ever.
If you have fair or poor credit, you can forget about getting a loan for the most part. You need to remove negative credit items and have a good FICO score.
This section of the website has been developed to educate you on what really works and what’s a waste of valuable time to get derogatory credit items removed from your credit report.
The letters that most people send to the credit bureaus or creditors quickly get "red-flagged" and tagged as "frivolous" - which means your letter gets ignored.
I’ve taken the time to make comments on the most common dispute letters in the sample collection to help you avoid getting "red-flagged."
What You’re Up Against with the Credit Bureaus and Creditors
Such sample letters that Demand Validation of Debt, Account Not Mine, Remove Inquiry by Creditor, Threat to Complain to the FTC and more are typically “boiler-plate” letters that the credit bureaus receive by the thousands each day.
Guess what happens with the majority of the letters the bureaus and creditors get?
They get put in the huge stack labeled “frivolous” dispute letter. Then they send you a “boiler-plate” letter in response to your “boiler-plate” dispute that says something like:
“We have researched the credit account. Account # XXXXX. The results are: Equifax verified that this belongs to you.”
Or, if you use a credit repair company such as the ones that advertise on the internet, like Lexington Law Firm, (which I tested out for a client with disappointing results) to send dispute letters, the response is, “We have received a recent request regarding your credit information that does not appear to have been sent directly to us by you. As a precautionary measure, we have not taken any action on your alleged request.”
These are actual statements I’ve read myself on credit reports.
Now what do you do? Where’s your leverage to keep disputing the derogatory account? You can keep writing a dispute letter on the same derogatory item and hope they fail to respond within the 30 days to catch them in a violation of the law. Then what do you do?
This is a very frustrating way of trying to remove negative credit items.
WHAT DOES WORK
Here’s the good news. There is an effective method to dispute and remove negative credit items that works.
I did a lot research to find an authority on credit repair strategies that really work. For more details on the recommended guides, Click Here to review the Credit Repair and Debt Reduction "How To" Guides.
I highly recommend you obtain your personal copy of the The Credit Report Audit System.
The expert and author of this DIY credit repair system has put together a step-by-step instruction guide that he developed after he spent over 12 months interviewing former executives from the major credit bureaus, lending institutions, collection agencies and even FICO.
He studied their businesses inside and out to find the flaws in their systems. Using this information he created a blueprint to exploit their weaknesses. After years of testing, he has perfected the process.
In the off-chance the credit bureaus, creditors or debt collectors are extremely stubborn after using the strategies in The Credit Report Audit System, you will need to sue them in Small Claims Court. It is fast, cheap and effective to use small claims as your ultimate "deletion" tool.
Details on using Small Claims against your creditors is found in the guide, Good Credit is Sexy. (yes, I know it’s a funny title)
You’ll learn how to sue your creditors and win. Winning in this case means two things: [1] Get the derogatory item deleted from your credit report and [2] collect fines from $1,000 and up for each violation of the law they commit against you. How’s that for getting even!
Best wishes in your efforts to restore your credit,
Naomi M
