623 Letter

What is 623 letter?

A 623 letter is a document that is typically used to dispute inaccuracies on a credit report. It is a formal letter sent to the credit bureaus highlighting errors found in the credit report and requesting for their correction.

What are the types of 623 letter?

There are two main types of 623 letters: The first type is a dispute letter which is used to challenge inaccuracies on the credit report. The second type is a validation letter which is sent to request proof of the debts listed on the credit report.

Dispute letter
Validation letter

How to complete 623 letter

Completing a 623 letter is a simple process that involves the following steps:

01
Gather all necessary information, including your personal details and the inaccuracies found on the credit report
02
Compose a formal letter addressing the credit bureau, clearly stating the errors and requesting for their correction
03
Provide any supporting documents or evidence to strengthen your case
04
Send the letter via certified mail with a return receipt requested for proof of delivery

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Video Tutorial How to Fill Out 623 letter

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Questions & answers

If disputing erroneous data with the credit reporting agencies hasn't generated the desired results, your next step may be to write what's known as a “609 letter” to the credit reporting agencies.
4) 623 credit dispute letter A business uses a 623 credit dispute letter when all other attempts to remove dispute information have failed. It refers to Section 623 of the Fair Credit Reporting Act and contacts the data furnisher to prove that a debt belongs to the company.
Section 623 of the FCRA and Regulation V generally provide that a furnisher must not furnish inaccurate consumer information to a CRA, and that furnishers must investigate a consumer's dispute that the furnished information is inaccurate or incomplete.
In short, a 609 letter is a method of requesting credit bureaus to remove false or negative information from your credit report. The Fair Credit Reporting Act (FCRA) makes this dispute method possible. Read on to learn what Section 609 is and how to effectively write a 609 letter to a credit reporting agency.
If disputes are successful, the credit bureaus may remove the negative item. Any accurate or verifiable information will stay on your credit report—a 609 letter doesn't guarantee its removal. However, you may increase your chances of removal if you follow a 609 letter template and provide enough information.
The idea behind the 609 letter is that if the credit bureaus can't produce certain records required to verify a given debt, then they must remove that debt from your credit report. So basically, 609 letters give you the information you need to draft follow-up letters to dispute any errors under sections 611 and 623.