Under the Fair Credit Reporting Act, consumers are entitled to an accurate and complete credit report. In reality though, many reports can contain errors. If you discover an error, you have the option of disputing the information in the report with the credit reporting agency. Some consumers make the mistake of filing a blanket dispute, thinking that it will improve their chances of having their report improved. Blanket disputes, however, do not have to be investigated at all.
3 Signs You’ve Filed a Blanket Dispute
When it comes to filing a dispute with a credit reporting agency, sometimes less is more. It is important to stick to the information that you legitimately believe to be erroneous or inaccurate. If you do not, and instead file what the credit reporting agency deems to be a “blanket” dispute, the agency may opt not to investigate the reported errors. Here are three signs that your dispute could be considered a blanket dispute:
- You dispute everything contained in your report, without regard to what you believe is inaccurate.
- You dispute most, but not all, of the information contained in your report.
- You ask repeatedly for the credit reporting agency to investigate the same item, but provide no new information verifying why the information on the report is wrong.
For many consumers, disputing errors on a credit report can feel like an overwhelming and frustrating process. Fortunately, we are here to help you resolve the issues involving your report. Credit is very important and essential to your ability to do things such as make large purchases, rent a home, or find a job. We encourage you to contact us today at 804-282-7900 for more information about making sure that your credit is accurate.