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Credit Contest Letters

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					These Credit Contest Letters are a collection of letters that can be written to contest
reports, notices and inquiries to your credit. Included in the collection are letters to a
credit union or reporting agency, letters to a business and letters to debt collectors.
These documents include information from the Fair Debt Collection Practices Act and
the Fair Credit Reporting Act to help further and display your knowledge of U.S. credit
law. Use these letters to dispute reports on one's credit.
                           Credit Contest Letter – Dispute of Items on Credit Report
[DATE]
[NAME]
[ADDRESS]
[COLLECTOR NAME]
[COLLECTOR ADDRESS]
[ACCOUNT NUMBER]



Dear [NAME OF COLLECTOR/COMPANY]:
I recently obtained a copy of my credit report from your agency and found the following error:
Item 1: I dispute [COMPANY NAME] account number [ACCOUNT NUMBER], for the reason that [REASON FOR
DISPUTE].
I am requesting that the item be [ACTION REQUESTED] to amend the information and demonstrate that I have
[Reason for dispute].
Item 2: I dispute [COMPANY NAME] account number [ACCOUNT NUMBER], for the reason that [REASON FOR
DISPUTE].
I am requesting that the item be [ACTION REQUESTED] to amend the information and demonstrate that I have
[REASON FOR DISPUTE].
I have enclosed copies of [ITEMS YOU HAVE COPIES OF] supporting my position. I have coordinated each by
account number to make clear which documents correspond with which piece of evidence. Please reevaluate
these matters and change the disputed items as quickly as possible.
In compliance with state and federal legislation, I expect to hear back from you within 30 days on this matter.
Thank you.


Sincerely,



[SIGNATURE]
[PRINTED NAME]




                  Credit Contest Letter – First Letter to Business Claiming You Owe Money
[DATE]
[NAME]
[ADDRESS]
[COLLECTOR NAME]
[COLLECTOR ADDRESS]
Dear [NAME OF COLLECTOR/COMPANY]:
I am writing in response to your [METHOD OF CORRESPONDENCE] on [DATE]. I am disputing this debt
because I do not believe I owe what you claim.
This letter has been sent within 30 days and I am fully aware of my rights under the Fair Debt Collection Practices
Act and the Fair Credit Reporting Act. Under the FDCPA, I know these three things to be true:
    1. You must obtain verification of the debt or a copy of the judgment against me and mail these items to me
       at your expense because I have disputed this debt in writing within 30 days of receipt of your dunning
       notice.
    2. You cannot add interest or fees except those allowed by the original contract or state law.
    3. You do not have to respond to this dispute, but if you do, any attempt to collect this debt without validating
       it violates the FDCPA.
This is the first I have heard from yours or any other company on this matter. Therefore, in accordance with the
FDCPA, Section 809(b): Validating Debts:
(b) If the consumer notifies the debt collector in writing within the thirty-day period described in subsection (a) that
the debt, or any portion thereof, is disputed, or that the consumer requests the name and address of the original
creditor, the debt collector shall cease collection of the debt, or any disputed portion thereof, until the debt collector
obtains verification of the debt or any copy of a judgment, or the name and address of the original creditor, and a
copy of such verification or judgment, or name and address of the original creditor, is mailed to the consumer by
the debt collector.
I respectfully request that you provide me with the following information:
    1.   The amount of the debt;
    2.   The name of the creditor to whom the debt is owed;
    3.   A verification or copy of any judgment (if applicable);
    4.   Proof that you are licensed to collect debts in [NAME OF STATE]
Also, be advised that I am keeping records of all correspondence from you and your company and I will not
hesitate to report violations of the law to my state’s Attorney General, the Federal Trade Commission and the
Better Business Bureau.
I have disputed this debt; therefore, until validated, you know your information concerning this debt is inaccurate.
Thus, if you have already reported this debt to any credit-reporting agency or Credit Bureau, you must immediately
inform them of this dispute. Reporting information that you know to be inaccurate or failing to report information
correctly violates the Fair Credit Reporting Act § 1681s-2.


Regards,

[SIGNATURE]
[PRINTED NAME]
                      Credit Contest Letter – Hardship Letter


[DATE]
[NAME]
[ADDRESS]
[COLLECTOR NAME]
[COLLECTOR ADDRESS]
Dear [COLLECTOR/COMPANY NAME]:
I am writing this letter to explain why I am currently [CURRENT SITUATION: IN DEBT, BEHIND ON PAYMENT,
ETC.].
While I make no excuses for my situation, I am hoping that you will grant me additional time because of my current
economic hardship. I was recently [REASON FOR ECONOMIC HARDSHIP], and these circumstances
[DESCRIBE WHY YOU WERE UNABLE TO PAY].
I have always paid my bills in a timely fashion, and this is a very embarrassing situation for me. I have always
prided myself in paying on time, and I have taken action to save money in order to guard against other unforeseen
occurrences such as this one.
Although I cannot pay the amount owed, I would like to [ALTERNATIVE ACTION: GOOD FAITH PAYMEN,
PROMISSORY NOTE, DEDICATE PORTION TO 401K, ETC.]. Currently I can reasonably afford to commit to
paying [$ AMOUNT] per month for the next [PERIOD OF TIME], at which point I believe I will be able to pay a
larger amount.
This letter is to inform you of my current economic hardship and request that you grant me a small amount of time
to get my finances in order. After this time, I can assure you that I will resume paying dutifully the amount I owe
your company. It would mean a great deal to myself and my family.


Sincerely,


[SIGNATURE]
[PRINTEND NAME]




                       Credit Contest Letter – Cease and Desist Attempts for Collection


[DATE]
[NAME]
[ADDRESS]
[COLLECTOR NAME]
[COLLECTOR ADDRESS]
[ACCOUNT NUMBER]



Dear [COLLECTOR/COMPANY NAME]:
I am writing this letter to formally request that you cease and desist in your efforts to collect on the above
referenced account. I wish to act upon my legal right not to deal with collection agencies. I will only deal with the
original creditor of this account.
You are hereby instructed to cease collection efforts immediately or face legal sanctions under applicable federal
and state laws.
I request that you give this letter your full attention and formally cease and desist in your actions immediately.


Sincerely,


[SIGNATURE]
[PRINTED NAME]




                      Credit Contest Letter – Notice of Intent to File Formal FTC Complaint
[DATE]
[NAME]
[ADDRESS]
[COLLECTOR NAME]
[COLLECTOR ADDRESS]
[ACCOUNT NUMBER]
Dear [COLLECTOR/COMPANY NAME]:
This letter shall serve as formal notice of my intent to file a complaint with the Federal Trade Commission (FTC),
due to your failure to respond to my previous [NUMBER OF LETTERS] letters requesting a correction to my credit
file.
Enclosed are copies of letters and mailing receipts you have received from me through registered mail, a dispute
letter dated [DATE OF FIRST LETTER], as well as a follow-up letter dated [DATE OF SECOND LETTER].
I am sure that you are aware of the Fair Credit Reporting Act's requirement to respond to a consumer's credit
report disputes within 30 days, and that the FTC investigates complaints for failure to respond. I have advised you
on two separate occasions, more than [NUMBER OF DAYS] days ago and again [NUMBER OF DAYS] days ago,
that you are reporting inaccurate information about me. For the record and your benefit, I will restate my dispute:
[CREDITOR OR ACCOUNT NUMBER]
[ITEM DESCRIPTION]
I will file this complaint with the FTC unless your agency [DESCRIBE SOUGHT ACTION].
The item above is negatively affecting my credit and I am insisting that this matter be resolved immediately. I have
enclosed a copy of your organization’s credit report dated [DATE OF REPORT] and circled the items described
above for your convenience.
If you do not immediately take steps to resolve this issue, I will be forced to file a formal complaint with the FTC.
Additionally, I may file civil litigation against your company.
I also expect you to supply me with a description of the procedure used to determine the accuracy and
completeness of the disputed information. Please also include a corrected credit profile for all creditors who have
received a copy within the last six months and the last two years for employment purposes, plus the contact
information (name, address, and telephone number) for each credit grantor or other subscriber who received a
copy of my credit profile within the last six months.


If you have any questions, I can be reached at [PHONE NUMBER] or via email at [EMAIL ADDRESS]. I look
forward to resolution of this matter.


Sincerely,


[SIGNATURE]
[PRINTED NAME]

				
DOCUMENT INFO
Description: These Credit Contest Letters are a collection of letters that can be written to contest reports, notices and inquiries to your credit. Included in the collection are letters to a credit union or reporting agency, letters to a business and letters to debt collectors. These documents include information from the Fair Debt Collection Practices Act and the Fair Credit Reporting Act to help further and display your knowledge of U.S. credit law. Use these letters to dispute reports on one's credit.
This document is also part of a package Ultimate Professional Letters Collection 19 Documents Included