Updating credit information letter speed dating and the rules of attraction
Whatever route you take – digital or paper – it’s important that you document everything you do and keep those records.
Never take an error on your credit report lightly — these errors can affect your credit score.
Before we go on, it’s important to note that you should really be reviewing your credit report from all three CRAs.
That’s because lenders don’t have to report to all three, which means your three reports could show different information.
Although you only have to send the dispute letter to the appropriate CRA, you can opt to send it to your financial institution as well (the one with an account showing an error on your credit report) if you want to.
In the meantime, you’ll be able to check their website for updates.
Knowing you can do this online, you might be wondering why it’s worth the extra effort to do it by mail.
Finally, if you have more than one error, they might be easier to track if you send individual dispute letters for each one.
Once your CRA gets the letter, they have 30 days to resolve the issue.