https://www.youtube.com/embed/4UzTyerX03g – In this video, I'' m gon na show you how to contest your credit report and remove unreliable charge-offs
using accurate dispute. (smooth beat-driven music) Now in this dispute series,
there'' s 4 elements to this dispute series. After you see this one, I want you to go through
and click on the next one and after that the next one
and then the next one up until you make it through the
entire disagreement series. So let'' s get to it, again, like I said, accurate contesting on how to get rid of an inaccurate charge-off. All right, so the first thing we desire to look at when we'' re. taking a look at a credit report, I ' m taking a look at a credit. keeping an eye on report right now, is we desire to
want to. If the info on the credit report is accurate, see. Now the Fair Credit Reporting Act states that the credit bureaus must report all info accurately. Now that suggests all of.
Let'' s take a look at this. You must ask yourself this concern, is this area of the.
Experian is stating another thing, and Equifax is stating something else. Based off of that alone, you can argue that the credit monitoring report is not reporting the info accurate. Now instead of you going and saying “” Hey, this charge-off is not mine””, or “” This charge-off is incorrect””, you put on'' t have to do that any longer because as you can clearly.
see, the information on this particular credit.
report is irregular. So let'' s take an appearance at another one. Let ' s have a look at the.
charge card details at the top, account type. Again, like I said previously,.
the Fair Credit Reporting Act states that any info.
on the credit report should be reported accurate, and if the credit bureaus.
can'' t repair the information, it should be deleted.Now if you take a look at.
this exact same credit report, now it'' s the very same exact credit report. We'' ve already found two inconsistent reporting of data on this particular credit report. Now like I said previously, I'' m showing you how to.
conflict a credit report utilizing accurate methods and not lying or not being misleading.
to the credit bureaus. You wear'' t need to do that', like that ' s an old way of disputing.And still a lot of gurus.
out there teach you this method of challenging which.
you put on'' t have to do that'since that ' s not the. When you have incorrect info on the credit report already, appropriate method of contesting.
Now more than likely,. Is the credit bureau when you contest this. going to actually repair it? More than likely no, so those are grounds for them to erase it if they put on'' t fix this reporting to the credit keeping track of business. As you can see right here Trans Union, it states credit card.Experian, it says credit card, but there'' s absolutely nothing.
reporting here for Equifax. Now like I said before, all throughout the whole.
three credit bureaus, it must say charge card. So that'' s an argument right there to disagreement with the credit bureaus. Well, why are you reporting.
this on Trans Union and Experian however not.
reporting it on Equifax? This is unreliable. Repair it or erase it; that'' s it.
All right, so let ' s take. Now on Trans Union it states.
no for the same account, and once again, we'' ve already found 2 problems with this account.For Trans Union it states zero. For Experian it says absolutely no, now on Equifax it states you owe $35. Now what is incorrect with this image? Now I thought the credit bureaus are expected to report.
details 100% accurate, and as you can see once again, they'' re making errors again. I would not state that.
this account is not mine. I would not say that this.
doesn'' t come from me. I will simply dispute based on the truths that I see right here. Now when you send out in the disagreement letter for this particular account, the credit bureau has.
1 month to investigate.Now what'' s gon na occur,.
they'' re either gon na respond back to you with remedied details, or they'' re gon na react back to you with erased information, or they'' re gon na react. back to you that this product has already been confirmed.
with no correction. Now, if they react back.
to you with no correction, did they actually follow the law.
and do a true examination? Now some may argue that the.
credit tracking report is different from the.
Credit bureaus? The credit monitoring report, they'' re getting the information. Let ' s take another look at another one.
Now these easy issues. on these credit reports can trigger havoc on your credit report.It can trigger havoc on your credit rating, since the credit tracking business are basing your score off the information that they get from the credit bureaus, and if the credit bureaus.
are not reporting the information appropriately to the credit monitoring, see the credit monitoring business are simply displaying the data that they'' re getting.
from the credit bureaus.And if the credit bureaus are not reporting the.
details properly, then technically this details that you see is inaccurate. That is the base of your argument. If you take an appearance at this one, look at the date open,.
Experian 07/04/2016, I'' m sorry, Trans Union, 07/04/2016, Experian 07/01/2016, incorrect, take a look at that, two different dates. I indicate, where do you get.
these two various dates? I imply, this information is coming straight from the credit bureaus, so why is Trans Union reporting this open date one, one date, and then Experian is.
reporting it another day? And then if you come over to Equifax, Equifax 07/01/2016, so.
these 2 are precise but this one is wrong. You see, so you don'' t have. to misrepresent yourself when you are contesting a credit report.Because I'' ve already discovered several concerns with this one account that the credit bureaus must investigate. I put on'' t care if you. send out one conflict letter disputing one field, a field is this, and after that you send a second dispute letter disputing a second field, I put on'' t'care since it ' s not your fault. that this information is unreliable.'It ' s the credit bureau ' s fault that they are reporting. inaccurate information. Let ' s check out another one. Last reported is incorrect.
Now here we go again, the. last reported date is wrong. We got Trans Union, 11/07/2016, Experian, 11/07/2016, and then here we go again,.
Equifax, 11/01/2016. So once again, the data is not consistent throughout the board. Whether you'' re utilizing a. credit monitoring report or you'' re using an initial.
report from the credit bureaus, I will still contest based on the data that I see in front of me.The credit bureaus have a responsibility by the Fair Credit Reporting.
Act to report all information in your credit report as 100% precise, and if they don'' t, then.
you have every right to contest the information.
with the credit bureau. All right, so here'' s what. I desire you to do right now. Here'' s what I desire you to do today. I desire you to inform me, how have you contested charge-offs with the credit bureaus? What are your methods of trying.
And we'' re not talking. Go ahead and type your comment right now inside of the remarks.
section of this video, and tell me right now, and I will respond to.
all of your comments. Now the next thing I want you to do is I desire you to click.
on the Subscribe button so you could be alerted each and every single time I bring out a brand-new video. I want you to be notified.
since I desire you to go through this whole series of challenging information on your credit report.Now go on and click.
the card that you see throughout this screen.
to go to the next video where I teach you how to.
conflict a credit report, and eliminate incorrect late payments. As found on YouTube – Creative Commons License.
Now the Fair Credit Reporting Act specifies that the credit bureaus must report all info accurately. We'' ve currently found 2 irregular reporting of information on this specific credit report. More than most likely no, so those are premises for them to delete it if they don'' t repair this reporting to the credit keeping track of business. That'' s an argument right there to dispute with the credit bureaus. It ' s the credit bureau ' s fault that they are reporting.