Tennessee Sample Letter for Request for Free Credit Report Based on Denial of Credit

State:
Multi-State
Control #:
US-0095LR
Format:
Word; 
Rich Text
Instant download

Description

This form is used by an individual to request his or her free credit report from any credit reporting agency based on denial of credit.

How to fill out Sample Letter For Request For Free Credit Report Based On Denial Of Credit?

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FAQ

The credit report you get when you're denied credit is in addition to the annual credit report that you can order once a year from the three credit bureaus through AnnualCreditReport.com.

By law, individuals are allowed to check their own credit report even if they have a credit freeze in place. All you have to do is request a free credit report, just as you would if your credit were not frozen.

You are entitled to a free copy of your credit reportYou have the right to get a free copy of your credit report within 60 days of being denied credit. Simply contact the credit reporting agency that provided the credit report and ask for a free report. You can also get a free credit report every 12 months.

Your letter should identify each item you dispute, state the facts, explain why you dispute the information, and ask that the business that supplied the information take action to have it removed or corrected. You may want to enclose a copy of your report with the item(s) in question circled.

Yes, you can still get a free credit report when your application is declined, but you can only get a free report from the credit reporting company that provided the report upon which the decision was based.

Getting rejected for a loan or credit card doesn't impact your credit scores. However, creditors may review your credit report when you apply, and the resulting hard inquiry could hurt your scores a little. Learn how to wisely manage your next application and avoid unnecessary hard inquiries.

6 Things You Should Do If You've Been Denied CreditReview the Reason for the Denial.Plead Your Case.Check Your Credit Report and Credit Score.Address Credit Concerns.Apply With a Different Lender.Continue to Monitor Your Credit.Maintain a Long-Term Mindset.

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Tennessee Sample Letter for Request for Free Credit Report Based on Denial of Credit