Let's say you have a dispute over some issue related to your credit – you paid the right amount, but the creditor says you owe debt – and want to check the status of that dispute. There are simple ways for a person to go about obtaining information about a credit dispute, which will hopefully assist in expediting the resolution of the dispute.
Be aware that resolving a dispute will take time
According to Equifax, resolving a dispute can take as many as 30 days. This means that a person will have to be patient regarding the outcome of their credit dispute. Something that can be helpful during this period when an agency works on resolving a credit dispute is making sure you didn't make any mistakes when you started the investigation proceedings. Making a mistake – easy enough to do – with regard to your current credit status and history and starting an investigation over it can be can require enormous amounts of time and money. So, if you have any doubts about the credit dispute, make sure you have done the appropriate amount of research.
Starting dispute online may lead to email updates about dispute's status
Of course, if the dispute is a genuine one, keeping in mind the way in which you started the request for the dispute will be helpful. Experian noted that a dispute request that begins online will lead to the individual who started the dispute receiving emails about its ongoing status. If you're tech savvy and want to be continually kept abreast about the status of your credit dispute, applying online may be the way to go. However, if you would feel stressed receiving various emails – given the negative feelings many people have about a deluge of emails – it may be better to request the credit dispute in such a way that you will find out the final results of the credit dispute, rather than learning about the process incrementally via email, like asking a credit bureau to contact you once the investigation has been completed.
Another factor to consider is the ability email provides in terms of keeping records about the credit dispute. It will enable you to cross-check records related to the dispute, should another issue pop up in the future. Email is an easy tool to use, and learning how to store a number of emails is also something that's simple to do, whereas written records can easily get lost among various pieces of clutter.
Many ways to start credit dispute
According to Lexington Law.com, starting a credit dispute can be done in various ways. The source listed sending a letter to a credit bureau, phoning the bureau and a number of other ways to start the dispute. This will be helpful to keep in mind, especially if you feel that you will not be able to express yourself forthright in a written form, such as a credit dispute.
So if you think that you will be able to convey the reason behind the initiation of the credit dispute better in a verbal manner, phoning the credit bureau may be the perfect route for you to take. This should be taken with a grain of salt – while you may be able to express yourself more clearly over the phone, written records are essential. This means that you should ask permission to record the phone call, or have a friend or loved one dictate what you say on the phone.
The source also indicated that any form of information, even though it is negative, if accurate cannot be disputed. This means that your credit dispute should only be started if there are serious grounds for believing that inaccurate or erroneous information is being displayed on your credit report.