Credit Report Disputes Credit Score Personal Finance

Help! My Credit Report Dispute Was Rejected

Request a statement of dispute be added to the credit file.
You can also request that a copy of the 100-word statement detailing your side of the story be included in your credit file and distributed to recent recipients of your credit report. Expect to pay a nominal fee for this service.

Improve your credit profile
Take control of your future credit health by:

  • Making timely payments and getting current on all your delinquent accounts. (If money’s tight, reach out to your creditors to inquire about payment arrangements).
  • Accelerating your debt repayment efforts and minimizing expenses to stay out of debt.
  • Maintaining a healthy balance of installment and revolving accounts.
  • Only applying for new credit as needed.
  • Also, enroll in a free credit monitoring service to keep tabs on your credit profile.

Understand reporting timelines
Monitor your credit report to ensure negative items are no longer reflected once the reporting period lapses. The reporting guidelines are as follows:

  • Late payments, collection accounts and public records (7 years)
  • Bankruptcies (10 years)
  • Unpaid tax liens (indefinitely)

Credit counseling
As a last resort, you can solicit the assistance of a non-profit credit counseling agency. Look for companies that offer practical, legal solutions to help rebuild your credit and establish a solid financial plan to solve money woes for a minimal fee. Also, check their ratings with the Better Business Bureau and scour the web for consumer reviews.

Ever had a dispute rejected? What steps did you take to move forward?

About the author

Allison Martin

Allison Martin

Allison Martin is a digital content strategist and personal finance junkie. Her work has appeared on on a number of reputable sites, including The Wall Street Journal, Investopedia, Daily Finance, MSN Money and Credit.com. She also travels around the nation facilitating financial literacy workshops for nonprofits, governmental organizations, colleges and universities.

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