How to remove a charge-off from a Credit Report?
If you are looking for an answer on how to remove a charge-off from a credit report, then this one is for you. You can remove a charge-off account from the credit report under any of the following circumstances. Using a special dispute letter, and using the specific dispute reasons.
Using the specific dispute reasons are listed below :
How to remove a charge-off from a credit report if the account is unrecognizable? You can dispute the account if the account in question is one you do not recognize. In this case, you will need to dispute the account as “no knowledge of account”.
Fraudulently Opened Account
Are you certain the account is indeed fraudulent, where an identity thief opens an account without your knowledge? Then you will need to file identity theft reports. You will need to file these with the Federal Trade Commission and the local authorities. After which you will need to forward these reports to both the creditor and the credit bureaus. From there you can order to dispute the account as opening a fraudulent account.
Fraudulent Charges on Account
Did you incur fraudulent charges on an account you were opening leading it to be late? Then you can dispute the item under the Fair Credit Reporting Act under the provisions afforded to fraud victims. You will need to file the requisite fraud reports, as said in the section above for opening fraudulent accounts. You will be disputing this item as “ incurring fraudulent charges” and would specifically need to point out the fraudulent charges. And then you will need to submit the fraud reports to the credit bureaus and the creditor.