| If you are a victim of credit card fraud you want to fix | | | | or was changed, the consumer reporting company |
| it as soon as possible. Let's say for example, that you | | | | can no longer return the information into the credit card |
| want to fix this credit dispute report that you filed. You | | | | holder's files if these weren't proven to be complete or |
| can, actually, by doing the following. | | | | accurate. |
| Report the incident to the consumer reporting | | | | Upon your request, the consumer reporting company |
| company (Equifax, TransUnion, Experian). You can | | | | also sends out notices of the corrections for the report |
| have it in writing to record it and also for future | | | | in a six month duration. The credit card holder can |
| reference. Report the information that you feel is | | | | have copies of the report sent to anyone who has |
| inaccurate. Include copies of documents that support | | | | been able to get one in the past two years. This is for |
| your statement that these records are fraudulent. Give | | | | employment purposes. If the investigation was not |
| copies because it is hard to replace original records. | | | | resolved and there is still a dispute between the credit |
| Aside from giving out your complete name and | | | | card holder, the consumer reporting company and the |
| address, the letters you write must strongly identify | | | | credit card service provider, the credit card holder can |
| every item on your report with the claims of your | | | | request for a copy of the statement to back up his |
| credit dispute fix report. It should also clearly state the | | | | claims of fraud. |
| facts and explain why exactly you are disputing | | | | The reason why we're suggesting that all complaints |
| information that has been reflected on your bill. | | | | and reports be done in writing is that then there is a |
| Since a credit dispute to be fixed requires a written | | | | written record of all disputes as well as the results of |
| report, you should enclose copies of the report | | | | the credit. At least, by having these written down, |
| indicating the items by circling your dispute. Send your | | | | there are documents that fully support your position. |
| later by certified mail in order for you to record what | | | | Many credit card service providers require documents |
| the reporting company gets in their mail. Most | | | | that can back up the credit card holder's claim of a |
| importantly, you have to keep copies of these letters | | | | mistake occurring in his bill. |
| and reports. It is the task of the consumer reporting | | | | Just make sure that your report regarding negative |
| companies to investigate the items you have | | | | information is accurate. A consumer reporting |
| presented in question. This must be done within 30 | | | | company can get feedbacks based on the accuracy |
| days upon the complaint was filed. That is unless the | | | | of the negative information printed in your bill for |
| dispute is considered to be a waste of time because | | | | duration of seven years. |
| of their irrelevance. | | | | Information regarding unpaid bills against the credit card |
| All data that is relevant to the investigation must also | | | | holder can be reported by the credit card service |
| be forwarded to the credit card service provider to | | | | provider even after seven years have passed. There |
| double check the inaccuracy that the credit card | | | | is no time limit when it comes to reporting criminal |
| holder is stating. After the information has been double | | | | convictions. As instructed by law, credit repair |
| checked and compared, the consumer reporting | | | | organizations are required to give the credit card |
| company then decides whether the credit card holder | | | | holders copies of the consumer credit file before they |
| will be liable for payment regarding the damages or | | | | sign any contract that binds them with the credit card |
| not. | | | | service provider; there should also be a written |
| After the completion of the investigation, the consumer | | | | contract that states the obligations and rights of the |
| reporting company's job is to give the credit card | | | | credit card holder to the credit card provider and vice |
| holder the results in writing and also a copy of the | | | | versa. If all these procedures are done, then there is a |
| report, just in case the dispute is brought up again and | | | | possibility that the credit dispute can be fixed as soon |
| the results change. If a particular item has been deleted | | | | as the report has been filed. |