Dispute Bad Credit Report — DIY Guide

https://www.youtube.com/iDispute

WHAT IS THE FAIR CREDIT REPORTING ACT?

The Fair Credit Reporting Act is a federal law that regulates credit reporting agencies and compels them to ensure the information they gather and distribute is a fair and accurate summary of a consumer’s credit history.

WHAT IS THE FAIR DEBT COLLECTION PRACTICES ACT?

The Fair Debt Collection Practices Act is a federal law that limits the behavior and actions of third-party debt collectors who are attempting to collect debts on behalf of another person or entity, and which makes it illegal for debt collectors to use abusive, unfair, or deceptive practices when they collect debts.

WHAT IS THE FAIR AND ACCURATE CREDIT TRANSACTIONS ACT?

The Fair and Accurate Credit Transactions Act is a federal law that contains provisions to help reduce identity theft, such as the ability for individuals to place alerts on their credit histories if identity theft is suspected. The Act stipulates requirements for information privacy, accuracy and disposal, and limits the ways consumer information can be shared.

WHAT IS CREDIT CARD ACCOUNTABILITY, RESPONSIBILITY, AND DISCLOSURE ACT?

The Credit Card Accountability, Responsibility, and Disclosure Act is a federal law designed to protect credit card users from abusive lending practices by card issuers. Its primary goals are the reduction of unexpected fees and improvements in the disclosure of costs and penalties.

WHAT IS THE DODD-FRANK ACT?

The Dodd-Frank Act created an independent watchdog system to monitor information given to consumers and ensure consumers receive clear and accurate credit information. It also forces big financial institutions to be more transparent and accountable.

NOW, YOU WILL LEARN SIX STEPS YOU CAN TAKE TO FIX YOUR BAD CREDIT

STEP 1 — GET YOUR FREE CREDIT REPORT
Each of the consumer reporting agencies is required by federal law to provide you one free credit report per year. So, you’ll need to start credit repair by getting a credit report to determine what exactly needs fixing.

HOW TO GET A COPY OF LEXISNEXIS REPORT

LEXISNEXIS PROVIDES PUBLIC RECORDS DATA SERVICES, SUCH AS BACKGROUND SCREENING, CONTINUOUS RESIDENT MONITORING, CONTRACTOR SCREENING, CUSTOM LEASES, DRUG AND ALCOHOL SCREENING, EMPLOYMENT ELIGIBILITY VERIFICATION, FINGERPRINT SCREENING, MEDICAL COMPLIANCE, AND RENTAL PAYMENT HISTORY.

https://www.youtube.com/watch?v=Z9YYZkLMqs0

HOW TO GET A COPY OF CHEXSYSTEMS REPORT

CHEXSYSTEMS IS A CONSUMER REPORTING AGENCY THAT GATHERS INFORMATION ABOUT PROBLEMS YOU’VE HAD WITH CHECKING ACCOUNTS. CHEXSYSTEMS REPORT UNPAID NEGATIVE BALANCES AND FEES, SUSPECTED FRAUDULENT ACTIVITY, ACCOUNT INQUIRIES OR APPLICATIONS FOR BANK ACCOUNTS, AND ANOTHER CHECKING ACCOUNT HISTORY.

https://www.youtube.com/watch?v=DRrLUaZ4vIc

HOW TO GET A COPY OF SAGESTREAM REPORT

SAGESTREAM IS A CONSUMER REPORTING AGENCY THAT PROVIDES CONSUMER REPORTS TO AUTO LENDERS, UTILITIES, AND MOBILE PHONE SERVICE PROVIDERS, CREDIT CARD ISSUERS, RETAILERS, AND OTHER SERVICE PROVIDERS.

https://www.youtube.com/watch?v=mwC_M7PxlFc

HOW TO GET A COPY OF ADVANCED RESOLUTION SERVICES REPORT

ADVANCED RESOLUTION SERVICES IS A CONSUMER REPORTING AGENCY SUBSIDIARY OF VISA U.S.A, THAT ASSISTS FINANCIAL INSTITUTIONS IN EVALUATING RISK, MINIMIZING LOSSES, AND ANALYZING CARDHOLDER ACCOUNTS. THE FEDERAL LAW PERMITS THIS COMPANY TO PROVIDE CERTAIN TYPES OF CONSUMER INFORMATION TO FINANCIAL INSTITUTIONS FOR SPECIFIC PURPOSES ALLOWED BY THE FAIR CREDIT REPORTING ACT.

https://www.youtube.com/watch?v=fKNqWeBhoCA

HOW TO GET A COPY OF EQUIFAX REPORT

EQUIFAX IS A CONSUMER REPORTING AGENCY, DATA AGGREGATOR, DATA BROKER, AND ANALYTICS FIRM. THEY PROVIDE DETAILED INFORMATION ON THE PERSONAL CREDIT AND PAYMENT HISTORY OF INDIVIDUALS, INDICATING HOW THEY HAVE HONORED FINANCIAL OBLIGATIONS SUCH AS PAYING BILLS OR REPAYING A LOAN.

https://www.youtube.com/watch?v=PQL2BeLhHv8

HOW TO GET A COPY OF TRANSUNION REPORT

TRANSUNION COLLECTS AND AGGREGATES INFORMATION ON OVER 200 MILLION FILES PROFILING NEARLY EVERY CREDIT-ACTIVE CONSUMER IN THE UNITED STATES.

https://www.youtube.com/watch?v=YUAzcVL1-Zk

HOW TO GET A COPY OF EXPERIAN REPORT

EXPERIAN IS ONE OF THE THREE LARGEST CONSUMER CREDIT REPORTING AGENCIES, ALONG WITH EQUIFAX AND TRANSUNION.

https://www.youtube.com/watch?v=ymOjDRBvnBI

HOW TO GET A COPY OF INNOVIS REPORT

INNOVIS IS A PROVIDER OF CONSUMER DATA SOLUTIONS AND IS CONSIDERED A CONSUMER CREDIT REPORTING AGENCY IN THE UNITED STATES.

https://www.youtube.com/watch?v=Iwzph3s4MLA

HOW TO GET A COPY OF TELECHECK REPORT

TELECHECK IS A CHECK VERIFICATION COMPANY THAT KEEPS RECORDS OF CHECKING ACCOUNT ABUSE. HOWEVER, THE ABUSE THAT IT LOOKS AT IS THE ACCOUNT OWNER WRITING A BAD CHECK OR A DECLINED CHECK, RATHER THAN OTHER ISSUES THAT COULD OCCUR DURING THE PROCESSING STAGES FOR A PAPER CHECK.

https://www.youtube.com/watch?v=s0oo9fGqvuM

HOW TO GET A COPY OF MICROBILT/PRBC REPORT

MICROBILT PERFORMS MANY DIFFERENT VERIFICATION SERVICES FOR BUSINESSES. CREDIT SCREENING, BACKGROUND CHECKS, RENTAL REPORTS, CRIMINAL SEARCHES, AND MUCH MORE.

https://www.youtube.com/watch?v=4YM8cruUxLs

IMPORTANT: Always keep a copy of the document, certified mail receipt, payment receipt, so you have a record.

Here are some resources you’d find helpful:

⚖️ CHECK IF YOU HAVE BEEN IMPACTED BY AN EQUIFAX BREACHING DATA INCIDENT HERE: https://eligibility.equifaxbreachsettlement.com/en/Eligibility

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