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To remove negative marks on your credit report you must dispute the credit bureaus. You have two methods to do this.

1. Craft a dispute letter

You must write a dispute letter. In this letter you have to identify the listing you want removed and give a reason why the listing is inaccurate.

Reasons often include; not my account, amount is wrong, item is out of date and etcetera. You must send this letter to each credit bureau.

2. Hire a professional credit repair company.

If you choose this option the firm will create a dispute letter for you and send it to the bureaus. The benefit of a firm is they have advanced dispute techniques such as; creditor direct intervention, escalated dispute information requests, and debt validation.

I would suggest hiring a company if you have multiple negative listings on your credit history. However if you only have one or two negative listings you can remove them yourself.

Upon receipt of your “valid” dispute letter the bureaus will hold an investigation. If the negative mark can not be verified then the bureaus must remove it from your credit history.

You should know that it is common for credit bureaus to use stall tactics to avoid conducting an investigation. This is because the bureaus spend potential profits when they conduct an investigation.

The Fair Credit Reporting Act says the bureaus must investigate a disputed listing and if it is found unverifiable it must be removed from your report. The difficulty is getting the bureaus to find you dispute letter valid.

If you are struggling with this then I suggest hiring a professional. However with persistence you can get the bureaus to deem you letter valid.

It is common for investigations to result in removal of negative marks. This is because many lenders are unwilling to spend the time and money to verify a debt.

Which ever method you choose negative credit can be removed from your credit report. You do not have to wait the full seven years.