Section 609 of the Fair Credit Reporting Act stipulates that you may use a 609 letter to ask credit reporting agencies to erase unfavorable information from your credit file, even if it’s true.
— Section 609 of the Fair Credit Reporting Act stipulates that you may use a 609 letter to ask credit reporting agencies to erase unfavorable information from your credit file, even if it’s true.
To raise your credit score, many are tempted to seek out a simple, but questionable, remedy in the shape of a 609 letter. However, is it even effective? Here is critical information.
What does section 609 include?
A consumer’s ability to request a copy of their credit report and see the information included within it is outlined in Section 609 of the Fair Credit Reporting Act (FCRA). Although Section 609 doesn’t state directly that you have the right to challenge information that is incorrect, it does acknowledge your ability to see all of the information in your credit file.
Section 609 grants you the privilege of making a request, including:
- Everything your consumer credit files include.
- Where that information originated.
- Anyone who has looked at your credit record in the previous two years will be considered a potential employer (unless it was to complete an investigation).
- Organizations that have made inquiries that are not of a hard nature in the previous year.
What a 609 Letter Is and Isn’t Able to Do
When the credit reporting agency gets your Section 609 letter, it will either reply by providing you the contract with your signature on it that supports the furnisher’s claim or inform you that the original contract is not available.
The agency may remove the information from your file without your intervention. However, if the erroneous information persists, you will need to take the next step and dispute it with the credit reporting agency once again. On the dispute form, state unequivocally that the information cannot be confirmed by you or the credit reporting agency and must be deleted. That should be all it takes!
If the credit reporting agency is able to provide the original contract with your signature, the information will stay on your credit report until it falls off your credit record after the timeout period has expired. Records of late payments, defaults, charge-offs, and debts transferred to collection agencies may only remain on a credit report for seven years. A Chapter 7 bankruptcy will remain on your credit report for 10 years from the date of filing.
Know that section 609 provides you the ability to seek information, but not expressly to dispute, on the things included on your credit reports. Sections 611 and 623 of the FCRA deal with such issues. However, several customers have discovered that after they sent the Section 609 letter, the credit reporting companies removed the unverifiable material.
How Is a 609 Dispute Letter Legal?
Your rights under the FCRA allow you to request a 609 letter to assist correct any inaccurate or incomplete information in your credit report. Unfortunately, even if the furnisher verifies the information’s correctness, it may still be re-added to your file.
Even if the credit bureaus remove information from your file, you’re still responsible to settle any valid obligations.
If the facts are accurate, it is likely that your credit report will still include this information. However, you may also seek information from the credit agency under Section 609 of the Fair Credit Reporting Act.
A 609 letter contains no information that’s private, but it does require your own paperwork.
For instance, here’s a sample of a common 609 letter: 609 Letter Template
Should I Hire a Credit Repair Company If I Know How To Dispute?
A 609 letter has several phases, as you can see, and it’s vital to be comprehensive and exact. Do not hesitate to ask for aid if you are in a hurry to get a credit card or a loan, or if you are just irritated with the procedure and need assistance.
There are also other methods that can be used to increase your credit score, renting furniture, purchasing a car, house, or even getting approved for a loan at a jewelry company can also raise your credit score, the section 609 dispute letter isn't the only solution to getting a better score.
You may theoretically tackle these issues on your own, but it may be worth it to hire a reputable credit repair service.
When you’re looking for a credit repair service, search for a company with a good reputation that will check your credit reports and provide you a free consultation call to discuss your credit concerns. You can opt to have the agency deal with the matter for you if you’d like.
The credit restoration agency will handle all your verification and dispute needs, from drafting letters to making follow-ups. In essence, it will operate as a liaison with the credit reporting bureaus on your behalf.
If the credit repair business manages to fix the error in your credit file, the incorrect information will be removed. The next step is when you’ll get updated copies of your credit reports, and that’s when the process is complete.
The Section 609 Dispute Letter Was Created to Keep You Safe.
You are protected by the FCRA from credit report information that cannot be verified, which may damage your credit history and ratings. If you have the time and resources to utilize a Section 609 letter, you should.
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If you’re in a hurry to increase your credit scores but don’t have the time to put in the work, credit repair companies may assist you with reducing worry and frustration, so they may be worth considering. The key is to ensure that your credit reports include accurate and up-to-date information. It is crucial that you do not wait to take action. You have the privilege and obligation.
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