Vivix Credit Solutions offers a wide array of credit counseling and repair services, including the resolution of errors found on your credit report. For DIY disputes, there are procedures that must be followed, but are easy to do so if you are interested. Vivix Credit Solutions offers the following advice regarding finding and taking care of credit reporting errors.

Many of us are unaware of what information is on our credit reports and are only notified of problems once an application for credit is processed by a lender. However, it is extremely important that consumers be cognizant of what is being reported to the credit bureaus so they can take proactive steps to be sure their credit isn’t damaged. Vivix Credit Solutions offers expert credit counseling advice and recommends regular credit monitoring due to the effect that reporting errors can have on your credit score. Every American is entitled to one free credit report each year, although monthly or quarterly monitoring is available for a small fee.

Consumers must know that even the smallest error on their credit report can make them ineligible for financing, new housing, and even employment with companies who perform credit checks on applicants. These errors can include: address, name, social security number, account history, and more. Identity theft and fraudulent activity will show up on your credit report as well, which is why monitoring is recommended to protect your credit. Vivix Credit Solutions can help you determine if there are errors on your report and how to fix them, but you may also go through a DIY dispute, which is a request to the credit bureaus to have your record amended.

If you find suspicious names, unfamiliar addresses, or unknown accounts on your credit report, it is advisable that you submit a dispute as soon as possible. In addition, contact any creditors who may be affected by this possible fraudulent activity. There is a universal form letter that you can submit to the three top credit bureaus – Experian, Equifax, and TransUnion – and you will also need to attach any supporting documentation. Required documents include:

    State-Issued Drivers’ License – To prove your identity, including name and address.
    Social Security Card – To prove your social security number is as reported.
    Proof of Address – A current utility bill or other piece of mail to support your claim.

If you should need any help figuring out this process, please contact Vivix Credit Solutions.

It will take some time once your dispute request is received by the credit bureaus, but you will receive a letter stating their findings and resolution. If they find in your favor, your credit report will be immediately adjusted and your new credit score will reflect the changes. Vivix Credit Solutions recommends disputing items even if you are not sure they will be approved, as there is no penalty for a denial of the disputed item. Having these errors resolved will improve your credit rating and make it easier to receive the financing you need, when you need it.