Credit Letter: How To Write A Credit Letter.
You are working to establish your business or need some sort of financial help in your personal life? You will need to present your financial statements and show your stand in terms of financial stability. You rush to get your reports from EquiFax and other major rating companies. The reports by these companies give you a rating that helps determine whether you are eligible to get a loan. They analyse all your past financial records, transactions, etc. and make report that gives you a credit score. This score also helps you in credit repair
.
The major problem with these reports is that, the three major companies that make these reports get several applications very day asking for their reports. In this huge requirement they usually mess up with the report. Out of the 100 reports you can see mistakes in at least 90 reports. In order to raise your score you need to get these mistakes corrected by asking the companies to rectify the mistakes. For this you need to write a letter to the particular company. Here is a sample letter that will help you convey the mistakes in your report and get it sorted. The agencies get around 10000 letters every day.
July 8th 2011
Michael Mike
35th Park Street, Blvd 5
Lamington Pas Street
518250
To,
Equifax
Business Street,
518350
Ref: Inaccurate information in the credit report.
Dear Sir,
This with reference to the credit report number _ _ _ _ _ in the name of Michael Mike.
The report issued by you has some inaccurate information. This information is interrupting the overall score of my financial report. Some part of information in this report is inaccurate. As per the laws, only accurate information has to be included in these financial reports.
I have encircled these mistakes in the report and also provided the relevant documents to support my claim. These pieces of information is hampering the overall score of the report. It has denied me the required credit help and affected my transactions to a great extent.
With reference to the document proofs please cross check the information. Please provide me with a new reviewed report excluding this inaccurate information at the earliest. I would be thankful to you if you look in to this matter at its earliest .
Thanking you in anticipation.
Yours sincerely
Michael Mike
SSN#
(Sign)
In this way you need to return the original report back with this letter and any other document proof to get your new corrected credit report that will help you in credit repair.
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