What is a credit report dispute?

A credit report dispute is a way to challenge information on your credit report. In California, the law allows you to dispute errors, inaccurate or outdated information in your credit report. This is important because your credit report is one of the factors lenders use to determine your credit worthiness. When a lender pulls your credit report, if there is any incorrect or outdated information, it can potentially result in a lower credit score or higher interest rates. When you dispute credit report information, you submit a dispute with the credit bureau containing the inaccurate information. The credit bureau then has 30 days to investigate the dispute and provide an answer. If the dispute is valid, the credit bureau will make the necessary corrections. If the dispute is not valid, and the credit bureau determines no errors were made, the credit bureau will explain why and the information will stay on your credit report. It is important to note that credit repair law in California does not allow you to challenge or dispute information that is accurate and up to date. The law only allows you to dispute information that is inaccurate, incomplete or out-of-date. When doing a credit report dispute, it is best to include any available documents that can help to support your claim. This can include proof of payment, letters, or other records.

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What is a credit report dispute?

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