Here at My Financial Corner, we offer two types of services. One of which we dispute inaccurate information with the CRA's only and if that does not work, we go to bat with the CA's.
Federal Law provides every consumer the right to "dispute" or "challenge" any item on their credit report for accuracy and verifiability.
Two common problems consumers have is that the CRA's are reporting inaccurate information. You may ask what is considered "inaccurate" information. Inaccurate information is things such as:
Dates on accounts are wrong
Account numbers don't match
High credit limits are off
Payments you made are wrong
Then we have items that should be "Verifiable" Which means they must be able to prove it. Yes prove it! For example:
Collections accounts - Can the collection agency document that account?
Do they have your signature on a contract?
Do they have proof services were rendered to you?
These are very important facts when reviewing items that are incorrect or non-verifiable.