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What to expect when you file a dispute
When you file a dispute the credit reporting agency has 30 days to
investigate, act, and respond to you, by law. If you send additional
proof during the 30 days, their response time goes up to 45 days.
After investigation, the bureau will send you a response stating that
the disputed information is corrected or verified as true. They will
also send you a copy of your report with the updated information.
Do not expect correct negative information to be removed when
you file a dispute, even though this can happen if the bureaus fail
to act within the stipulated time frame.
Will a dispute change your credit score?
It depends. Changing your personal information will not change
your credit score. Only information that affects your accounts will
produce such changes. Examples include:
● Accounts that was paid off but still showing balances
● Accounts reported as yours but they are not
● Accounts reported as late when you have proof saying otherwise
● Negative items that have passed the regulatory period (chapter
7 bankruptcy of more than 7 years.)
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