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This means that the credit report is a once-and-done type of document. A user cannot reuse the credit report for purposes other than the reason it was originally pulled.
Highlights: Most negative information generally stays on credit reports for 7 years. Bankruptcy stays on your Equifax credit report for 7 to 10 years, depending on the bankruptcy type. Closed accounts paid as agreed stay on your Equifax credit report for up to 10 years.
You may request your reports: Online by visiting AnnualCreditReport.com. By calling 1-877-322-8228 (TTY: 1-800-821-7232) By filling out the Annual Credit Report request form and mailing it to: Annual Credit Report Request Service. PO Box 105281. Atlanta, GA 30348-5281.
Reusing previously used credit reports creates issues with the FCRA, fair lending, and repayment loan calculations if you don't pull a credit report for each new credit transaction. The credit reports could also be inaccurate and not have up-to-date fraud alerts.
There may be several reasons an account may appear to be on your Equifax credit report more than once. Some lenders and creditors issue different types of accounts using similar account numbers, which may look like the same account.
You can request and review your free report through one of the following ways: Online: Visit AnnualCreditReport.com. Phone: Call (877) 322-8228. Mail: Download and complete the Annual Credit Report Request form.
You can receive free copies of your credit reports every 12 months from annualcreditreport.com. This is the only authorized online source under federal law that provides free credit reports from the three major national credit reporting companies? Equifax, Experian, and TransUnion.
The 609 Dispute Letter theory is if you ask the credit bureaus for information they clearly cannot produce as part of your dispute letter, like the original signed copies of your credit applications or the cashed checks used for bill payment, then they would have to remove the disputed item because it's unverifiable.