Experian Dispute

11/08/2011 15:11

Experian is a credit card information company that is British. In the mid 1990's they entered the U. S. market when they bought TRW Information Systems. Here is some additional information about them and how to file an Experian dispute if you need to do so.
To explain exactly what Experian is, it is BCP-810 easier to explain what they do. When you apply for a loan, whether it is a credit card, car loan or mortgage, the place where you are applying will request a report on your past credit history. Experian, along with TranUnion and Equifax are the three biggest companies that collect information for these reports. Some lending institutions only use one of them while others will use two or all three. These three companies charge a fee to the financial institutions for these reports. This is quite different than it was even 20 or 30 years ago when you went to get a loan. It used to be that local banks kept records on their customers but didn't have access to any other information. Now any financial instution around the world can access your credit history.
The information contained in these reports will help determine if you are eligible for a loan and the interest rate you will have to pay on the loan. You may BCP-420 have seen advertisements for free credit reports or free credit scores. These are the companies that provide those reports also. Understand that most of these offers only give you a free report after you sign up for some type of paid service.
You can get a copy of your credit report directly from Experian by contacting them. Their fee is currently $15 fo this report and it will be mailed to you. It is not a bad idea to get a copy of your credit report every year or two so you can see if there is anything on it that doesn't belong. If you do see something that isn't correct, you can file a dispute. It is a good idea to file a RCDD dispute on any item that is even slightly questionable on your credit report. Remember that having poor credit will cost you more in interest when you do get a loan or even in some cases keep you from getting approved for a loan. Filing an Experian dispute is pretty easy and straightforward. Go to their web site and find the link for disputes. Then just follow the instructions.