For you to dispute and remove an item on your credit report with TransUnion you must file a dispute. This is done through creating a letter yourself or hiring a credit repair service to do it on your behalf.
You need to know that you must dispute an item with each credit bureau. If you fail to do this and only dispute TransUnion then your Experian and Equifax credit report will still show the item.
You need to identify the item you are disputing and provide a reason as to why the item is inaccurate in your dispute letter. Reasons will include; not my account, information is wrong, account paid in full, item out of date and more.
Once TransUnion receives your dispute they will investigate the item. They will contact the collection agency or lender and verify the account, the dates on the account, and the account balance.
If the account can not be verified then it must be removed from your credit report. Frequently investigations result in the deletion of bad credit.
Should your item be verified a service with lawyers on their staff can use advanced dispute techniques to remove negative items. These techniques include; debt validation, escalated dispute information requests, and creditor direct intervention.
Many people are concerned with credit repair being legal or not. Credit repair is in fact legal the Fair Credit Reporting Act that Congress passed gives the consumer the right to dispute any item on their credit report that they feel is inaccurate.
We suggest you save all copies of your communication with TransUnion. In addition we discourage you from disputing items online or over the phone. We have found this to be an ineffective method of disputing bad credit items.
Be aware that the 100 word statement that you can place on your credit report is never a good thing to fill out. In the past this is where consumers could provide a brief explanation as to why an account became delinquent.
Today if you fill in this statement then you are only verifying the accuracy of the item. If you try and dispute that item in the future your disputes will be deemed frivolous and ignored.
In sum to dispute an item with TransUnion you must create a dispute letter or have a service do it on your behalf. You do not have to just live with blemishes on your credit report they can be removed before seven years ticks away.
