15 Jul What Documents Do I Need to Remove Bad Credit Report Marks?

What documents do you need to apply to remove bad credit report marks? Usually, it depends on what you would like to dispute. For example, disputing a name change would require different documents than an address change or payment dispute.

Credit clearance is just one of the ways one could regain agency over their credit reports. It shows creditors that you are serious about rebuilding your credit reports. Plus, it helps increase your score by numerous points, especially in the case of debt review or judgment removal, which can clean your credit report fast.

Read on and discover exactly what documents you need to remove derogatory marks on your credit report and why.

In most cases, you’ll generally need to submit:

• An identity document
• Proof of address
• A credit dispute letter
• A credit report

Other cases, like name and address disputes, require additional documents. Let’s take a closer look at how to remove marks like debt review from your credit report.

Personal Information Disputes

You might need to dispute many sorts of information, like name and address changes.

Name disputes

If you have recently changed your name, you’ll need to provide an unabridged marriage certificate if you were recently married and an identity document.

Address disputes

If you’ve moved to a new address, you should present a utility bill, like an electricity or water bill, to prove that you live where you say you do.

Derogatory marks

Disputing derogatory marks, like removing debt review, isn’t difficult. It’s as easy as presenting supporting evidence that you have paid all your debts and are in good standing with your creditors.

If you’ve recently undergone debt review, you should present your clearance certificate issued by your debt counsellor. If you’ve paid up the debt that caused judgments, defaults, repossession, or bankruptcy, you’ll need to present a statement from creditors stating that you have paid them back.

General documents

You’ll need to submit the credit clearance documents outlined in the above bullet points: your identity documents, like a smart ID or passport, a credit clearance letter, a credit report, and proof of address. Here’s why.

Identity document

You can present a passport or Smart ID card to the bureaus. This is so they can confirm your identity. This way, if an ill-willed imposter tries to dispute information, the bureaus can halt them in their tracks. It’s a security check.

Credit Clearance Letter

Writing a credit clearance letter doesn’t have to be a schlep. It’s as easy as discussing what you would like to dispute and presenting evidence supporting the dispute. Check out our credit clearance letter example.

Proof of Address

Bureaus like Experian and Transunion ask for proof of address to confirm your identity once more. You could submit a bank statement or utility bill, like a water or electricity bill.

Credit Report

Lastly, you should submit a credit report as the basis for your dispute. You can get a free online credit check from Credit Boost.

Disputing inaccurate information on your credit report helps you get back in control of your finances. With a renewed credit report, you can focus on getting back to building your credit. The removal of derogatory marks will instil confidence in creditors. You’ll get better lending rates, insurance premiums, and even access to better employment and rental opportunities.

Ready to take charge of your money? Contact Cape Town Legal Consultants, one of the best credit clearance companies, now for expert help clearing your credit.