CREDIT DISPUTE LETTER TEMPLATES

INTIAL DISPUTE LETTER

*****Insert Bureau Address Here*****

RE: Request for Deletions of Inaccurate Credit Information

Name:________________________________________________

Current Address:___________________________________________________________

___________________________________________________________

Social Security Number:___________________________________

Date of Birth:______________________________________

To whom it may concern:

I have received a copy of my credit report and find the following items to be in error. Attached is a copy of my credit report.

Item and Account Number:______________________________________

Nature of Dispute:_____________________________________________

Item and Account Number:______________________________________

Nature of Dispute:_____________________________________________

Item and Account Number:______________________________________

Nature of Dispute:_____________________________________________

By the provisions of Section 611 of the Fair Credit and Reporting Act of 1970, I demand these items be deleted from all current and future credit reports. Please forward the names of any individuals and/or organizations you contacted so I may follow up with them directly.

I shall assume that 30 days constitutes a “reasonable time” for reverification of these entries. Through our interpretation of Section 611(a), it is understood that the failure to reverify these items within 30 days constitutes a reason to promptly drop the information from the credit report.

Pursuant to Section 611(d) of The Fair Credit and Reporting Act, please send notification that these items have been deleted. Please send an updated credit report to my address that is listed above. The provisions of section 612 state that there is no charge for this notification.

Very respectfully,

X___________________________________

*****Sign above and remove this line*****

 

FOLLOW UP DISPUTE LETTER

Full Name

Current Address
Current Phone Number

Attention: {insert credit reporting agency name}

{add CRA address here}

RE: Dispute Letter Dated {place the date of your initial letter here}

Dear {credit reporting agency}

This letter is a formal notice that you have failed to respond in a timely manner to my letter dated, {place the date of your initial letter here}, and deposited by registered mail with the Post Office on that date. For your benefit, and as a gesture of my goodwill, I will restate my dispute:

Line Item: {insert name of creditor, account number or line item number}

Item description: (found on your credit report)

The item: is completely (insert appropriate word: inaccurate, incorrect, incomplete, erroneous, misleading, outdated) and needs to be corrected immediately. I have enclosed a copy of your organization’s credit report dated {insert date of report here} and for your convenience, circled the item described above.

The Fair Credit Reporting Act requires you to investigate and respond to my dispute within 30 days, yet you have failed to do so. I feel it necessary to remind you that you may be liable for your willful non-compliance and that I am maintaining a careful record of my communications with you on this matter, in case your continued non-compliance forces me to file a complaint with the FTC. (See Title 15 USC 41)

Please do not delay further! {insert the appropriate word here} (Delete, Update, Correct) the information identified above and send corrected credit profile to me and to all creditors who have received a copy within the last 6 months, and the last 2 years for employment purposes.

If your re-investigation was negative, please supply the description of the procedure used to determine the accuracy and completeness of the information to my address listed above.

Sincerely,

Signature
Your Printed Name

 

DEBT VALIDATION

Date

Your address

xxxxxxx

Creditor address

xxxxxx

Dear (Creditor name),

Please document materials that (creditor name) conferred to credit reporting agencies for me, (your name), for account number XXXXXXX. Since it is possible that serious problems may be present within that dissemination, I demand that your company provide these materials promptly. Also, please demonstrate that this debt was not claimed as a loss with any insuring entity. This request is for more than just a simple statement without detail. Rather, I must requisition a careful documentation, including statements, contracts, copies of checks, and any other pertinent information. Should you be unable to comply with my request during this reasonable period, data dissimenated by your company to the three credit reporting agencies should be regarded as unreliable, and may evidence (creditor name)’s desire to ignore consumer protection law. In that case, you should recall such items as soon as possible.

Thanks sincerely for your assistance.

Sincerely,

(Your name)

 

CEASE AND DESIST

Your Name
Your Address

Collector’s Name
Collector’s Address

Mr./Ms. Collector,

I am writing in response to your constant phone calls!

According to the Fair Debt Collection Practices Act, [15 USC 1692c] Section 805(c): CEASING COMMUNICATION: You must refrain from all communication with me after being notified in writing that I no longer wish to communicate with you. Therefore, I demand that you stop calling me at any location what so ever!

In accordance with the federal FDCPA, now that you have received this “stop calling” letter, you may only contact me to inform me that you:

§  are terminating further collection efforts;

§  invoking specified remedies which are ordinarily invoked by you or your company; or

§  intend to invoke a specified remedy.

Be advised that I am well aware of my rights! For instance, I know that any future contact by you or your company violates the FDCPA and that since you already have my location information, calls made by you or your company to any 3rd party concerning me violates section 805(b)2 of the FDCPA.

Be advised that I am keeping accurate records of all correspondence from you and your company, including tape recording all phone calls. If you continue calling me I will pursue all available legal actions to stop you from harassing me and my family.

Signature
Your Printed Name

 

STATUTE OF LIMITATIONS/EXPIRED DEBT

Your Name
Your Address

Collector’s Name
Collector’s Address

RE: [insert account number or name of account or name of debt]

Dear [insert collector's name or company name],

This letter is in response to your [letter dated xx-xx-2005] (copy enclosed) or [phone call on xx-xx-2005], concerning the collection of the above referenced [account or date].

I do not believe I owe what you say I owe therefore I dispute this debt. I am well aware of my rights under the Fair Debt Collection Practices Act (FDCPA) and my state laws so I hope to save both of us a great deal of time by letting you know that not only do I dispute the validity of this debt, I have also checked with my State Attorney General and verified that the Statute of Limitations for enforcing this type of debt through the courts in (insert your state or the state in which the contract was signed) has expired. Therefore, should you decide to pursue this matter in court I intend to inform the court of my dispute of this debt and that the “statute of limitations” has expired.

This letter is your formal notification that I consider this matter closed and demand that you, or anyone affiliated with your company, stop contacting me regarding this or any other matter except to advise me that your debt collection efforts are being terminated or that you or the creditor are taking specific actions allowed by the FDCPA or my state laws.

Be advised that I consider any contact not in accordance with the Fair Debt Collection Practices Act a serious violation of the law and will immediately report any violations to my State Attorney General, to the Federal Trade Commission and, if necessary, take whatever legal action is necessary to protect myself. Be advised that I tape record all phone calls and violations of the FDCPA can result in you or your company being personally fined up to $1,000 per incident.

(Sign above name)
Printed Name

 

OFFER TO PAY DEBT IN INSTALLMENTS

(Enter Date)

(Enter Your Name and Address)

(Enter Creditors Name and Address)

 

Dear (Creditor Name),

I am writing in regards to the debt I owe (creditor name).  Recently I have come into financial hardship and wish to pay off my debt in installments.  I am reaching out to show (creditor name) my intention of paying this debt and hope we can reach an agreement.

The terms of my debt are (mention all terms of your debt such as total balance, percent interest etc. here).

I have attached documentation to emphasize my claim of hardship (attach a quarterly income /expense report, emergency medical bills and/or other supporting documentation).  Using the attached documentation I propose to pay (enter amount you can pay per month on your debt) each month until the debt is paid in full.

Thank you for your understanding and taking the time to consider my proposal.  I look forward to keeping an open line of communication until my debt is settled in full.

 

Sincerely,

(Your name)