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Can you give me a sample letter to get an incorrect item removed off my credit the item is correct but the balance is not?
Wiki User
∙ 9y ago
Just write a simple letter explaining the discrepancy. Make sure you send the letter to the company that shows the incorrect amount and to the credit bureau.
Wiki User
∙ 9y ago
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How can a repossession with a zero balance affect a credit score and can it be removed?
A repossession will significantly lower your credit score, regardless of the balance. It will take around 7 years before the repossession is removed from the credit report.
What should you do if a collection item is on a report as unpaid for 3 years and the balance owed is incorrect?
First, call the creditor and ask them to correct it. Then, dispute the error with the 3 credit bureaus.
Can you have a loan you co-signed removed from your credit?
No. You cannot have it removed from your credit history. If the primary borrower defaults you must pay the balance of the loan your own credit will be ruined.
Will a judgment be removed from a credit report if it is paid?
No. It will show that you had a judgment on your credit report for up to seven years, but it will show a zero balance.
How do you remove multiple addresses from credit report?
Addresses are kept on credit reports as a record of residence. These are not your primary address, and can not be removed. If it is incorrect or has never been your address, then you can have it removed by contacting the credit reporting agency. So, if you have in fact lived at one of the addresses, it is on your credit report to stay.
Is it true you are responsible for correcting any errors on your credit report?
Yes, if there is an incorrect information in your credit report, you have the right to dispute it and if proven correct, the credit bureau will not report it again.
Is it correct for the loan amount of a foreclosed property to appear on a credit report?
what ever the balance was at the time of foreclosure will report on your credit report
Is a credit balance an unpaid balance owed?
a "credit balance" is money that you have.
Can an chapter 7 be disputed through a credit bureau due to an incorrect SSN?
Not if the bankrupcy actually belongs to the person on whose report it shows. The credit bureau will simply correct the SS#.
What if a balance sheet doesn't balance?
This can mean that either you got the maths wrong, or that the business has not accounted for one or more transactions. Ex: Company purchased $2,000 in equipment in cash. You Debit the equipment, but forget to Credit the cash balance. That incorrect transaction would cause the accounting equation to be incorrect. The accounting equation is... Assets = Liability + Owner Equity
Is interest earned a debit or credit?
All earnings and revenues has credit balance as normal balance so interest earned also has credit balance as default normal balance.
Is contributed capital normally a credit or debit balance?
it is a credit balance
