Tips on Following up Disputes
A lot of consumers feel annoyed, irritable and agitated as they wait for the responses to their credit disputes. They are made to wait long periods of time for the results of the investigations of the three credit reporting firms over the errors they have seen on their free credit reports. And the long wait leaves them worried and overanxious about their credit standing. After all, they know for a fact that a single inaccurate entry on their credit records can prevent them from receiving low-interest credit deals in the future. Still, the three credit reporting agencies may be slow in investigating credit disputes. This is because they handle so many complaints on a daily basis that at times they fail to provide timely responses to consumers. There are even instances that they do not respond at all. This causesfrustration and agitation to credit consumers. They do not know whether their claims have been found valid or not. They are clueless whether or not they need to get bad credit repair services just to rebuild their credit history. And worse, these individuals all feel uncertain about their financial as well as credit prospects. So, what should you do to ensure immediate action on your credit dispute? Well, the easiest way to achieve this is by sending a follow up dispute letter. By filing this letter with the three credit bureaus, you can be assured that they will immediately work on resolving your case. This way, you won't need to attend bad credit repair sessions, and you won't need to worry about your credit standing anymore. But what should you write on your follow-up letter? And are there tips that you can use to write an effective follow-up letter of dispute? The answer to these questions can be found on the next part of this article. Four Tips on Writing a Follow up Letter
Your dispute letter must show that you are well- aware of your rights as a credit consumer. The letter of dispute that you will be writing must mention the important provisions of the Fair Credit Reporting Act regarding the obligations of the credit bureaus to respond to your dispute. Tell the three credit reporting agencies that their inaction to resolve your case is a direct violation of your rights. And should they continue ignoring your letter of dispute, you will be filing a formal complaint against them with the Federal Trade Commission.
Give the credit bureaus the benefit of the doubt. Of course there are circumstances beyond the control of the three credit reporting agencies. They may have misplaced or neglected your initial letter of dispute because of the bulk of documents that they handle each day. Remember that they do not only receive and manage credit disputes. They also issue free credit reports to consumers. Thus, you need to give them the benefit of the doubt. Mention in your follow-up letter that you are willing to give them another chance to send you a written notice regarding the status of your credit dispute.
Mention all the documents that you have attached to your follow- up letter. You also need to enumerate all the documents that you have enclosed to your letter. Remember that these attachments are important as they support your credit dispute. So, see to it that after your signature, you will list down all the documents that you will be mailing to the credit bureaus.
Use a courteous yet firm tone. You need to acknowledge in your follow up letter the fact that the three credit reporting firms are the only authorized agencies which can handle credit disputes. However, you must also firmly state that you want them to respect your rights as a credit consumer. By using a courteous yet firm tone, you can push the credit bureaus to immediately act upon your case.