What is a credit report dispute?

A credit report dispute is a process that you can use if you find incorrect information on your credit report. When you submit a dispute, the credit reporting agencies are required to investigate the information on your credit report, and if they find that something is inaccurate they must remove it from your report. In order to dispute a credit report, you must first review your credit report with the three main credit-reporting bureaus in Pennsylvania. The bureaus are Experian, Equifax, and TransUnion. Once you have reviewed your credit report and found something that you believe is inaccurate, you can submit a credit report dispute. When you submit a dispute, the credit reporting agencies have the duty to investigate the information on your report and determine if it is accurate or not. To do this, they may contact the information provider, which is the organization that provided the information. The information provider has 30 to 45 days to investigate the dispute and respond with a resolution. If the dispute is successful, then the inaccurate information will be removed from your credit report. If your dispute is not successful, then you can obtain a free copy of your credit report and dispute the inaccurate information again. This time, you should include additional documentation to support the dispute. If the credit-reporting agency does not remove the inaccurate information after re-investigating, you may have the right to file a complaint with the Pennsylvania Department of Banking and Securities.

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What is a credit report dispute?

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