I recently requested my credit report for the first time and found that I have ONE derogatory item. I looked up what it was and it was a credit card payment that was infact lost in the mail system a few months ago. Once I was contacted on the situation of being late I issued another payment out and had it paid as quickly as possible. I'm always on time with my payments with all my bills. Is there any chance that I can fight this error and have it removed? Or should I write the 100 word or less letter stating what is true to explain the error on my report? This is the only bad mark I have and it is like a knife going through my heart. Any words of advice out there???
Sure... you really have two options, but before I go into them, did you request your credit report from all three national companies? Equifax, Experian and Trans Union? They freqently list different tradelines. If you haven't you may want to check the other two.... Now, you have two ways to tackle this... First- directly with the creditor. If you still have an active account, this is going to be your best option. Call your normal customer service number and ask to be transfered to the division handling credit reports. Plead your case with them and beg for them to remove the info. If you're a good customer, you will find youself with a good chance. You may also want to mention that you weren't 30 days late, but somewhere between 1-29.... Second, request an investigation with the credit reporting agency. If this is an open account, it most likely will be verified quickly and thus remain in your file. You will need to request an investigation with each of the big three cras if it is listing. Good luck!
BKev... thanks for your kind words of wisdom. Yes, I requested the three combo report and it is showing on all three. =( I will look into ASAP.
