|HOW TO DISPUTE A CHARGE ON YOUR CREDIT SCORE|
|Posted on: Nov. 03, 2016 in Credit, Credit Score, Car Loans, Debt|
You already know that you should be reviewing your credit report regularly. You are entitled to a free credit report from each of the three major credit bureaus on an annual basis. You could request all of them at once each year. Or, you could request one from each bureau every four months and keep a closer eye on things.
The more frequently you review your report, the more likely you are to spot inaccuracies or fraudulent activity. These items can have a negative impact on your score that you do not deserve! If you do find something on your report that you feel is not correct, here’s what you can do:
It’s important to note that it can take up to 30 days for your situation to be reviewed by the credit bureau. Often it will take up to three months for a creditor to resolve your issue. You may be entitled to an additional free report from the credit bureau with which you disputed the charge in order to verify that the disputed charge has been rectified. This entitlement can vary by state, so it’s best to check with the specific credit bureau for more details.
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