Whoever said wishes don’t come true hasn’t explored our offers!
  • Loading your search...
  • Credit bureaus in the country collect individual data and prepare a credit report. They also calculate the credit score using their proprietary algorithm. However, there could be errors in your credit report that can hamper your chances of getting a loan approval.

    Dispute on Your Credit Report

    The errors in your credit report can range from incorrect personal information to wrong credit accounts. You should rectify the errors in your credit report at the earliest to avoid further problems. Let’s take a look at some of the common errors in your credit report.

    1. Incorrect personal details - Once a month, you should review your CIBIL report for any typographical or clerical problems pertaining to your name, residence, age, date of birth, and PAN Card information. Another frequent mistake that harms the credit score is having multiple accounts in the applicant's name.
    2. Days Past Dues (DPD) - Days Past Due, or DPD, refers to how many days have passed since an account's due payment was supposed to have been made in a particular month. If your DPD shows anything other than "000" or "XXX," it signifies you have missed a payment or payments, which lenders can read unfavourably. If you have been paying on time and discover inaccuracies in your DPD, you should have them fixed right away because failing to do so could result in the loan being rejected.
    3. Outstanding loans/incorrect balance - To accurately grasp the credit facilities that have been made available, the actual amount due and the outstanding balance must match. Since it is used to determine credit scores, information on unpaid loans should be accurate. To prevent a drop in the CIBIL score or the rejection of the loan application, any of these mistakes should be reported right away.
    4. Credit accounts error - There could be loans or credit card accounts that have already been closed (i.e., fully paid off) but haven't been reported to CIBIL by the lending company. There may be ownership mistakes with some of the open accounts included in your CIBIL report that are truly not yours. These might represent fraudulent use or the outcome of administrative mistakes. Incorrectly labelling an account as "written off" or "settled" can also have a detrimental effect on your credit score and how lenders perceive you.
    5. Over-due for paid accounts - Even if you have made all of your previous repayments on time, your CIBIL report may still reflect an outstanding balance that has already been paid in full or payment history defaults.

    Here’s how you can dispute errors in your credit report.

    • Fill the form

      You can raise an online dispute with the credit bureau to dispute errors. Visit the dispute resolution section and fill the form to fix the error. It should be noted that you will need to submit the nine-digit number provided on your credit report which contains the disputed details.

    • Process

      Once you submit your online complaint form, the credit bureau will verify the dispute by approaching the bank. It should be noted that credit bureaus cannot make changes in the credit report on their own.

    • Dispute resolving period

      Generally, it takes around 30 days for your dispute to get resolved. As per laws, banks have to come up with a formal resolution for a dispute within 45 days of the issue being raised. You will be noticed about the result once it is resolved via an email.

    How to Dispute Errors in your Credit Report?

    your report is wrong, including submitting documents to support your claims. It is important you have all the records for the data you have sent. Given below are the addresses of the credit bureau if you decide to send your complaint by mail:


    Equifax Information Services LLC

    P.O. Box 740256

    Atlanta, GA 30348



    P.O. Box 4500

    Allen, TX 75013


    TransUnion LLC Consumer Dispute Center

    P.O. Box 2000

    Chester, PA 19016

    Process to send your mail to Credit Bureau in case of any error in your credit score

    Given below are the steps to follow when you send in a mail to Credit Bureau to dispute any errors in your credit score:

    • Make a request to the credit bureau to have any erroneous or missing information corrected or removed.
    • It ought to include your entire name and address.
    • a list of all the mistakes you would like fixed and a justification for each one.
    • copies of the paperwork you need to support your request; please do not send originals.
    • A copy of your credit report with the errors you want fixed circled should be included.
    • Send your letter using certified mail and purchase a "return receipt" so that the credit bureau has a copy of it on file.
    • Keep copies of every document you submit. Keep in mind that credit bureaus also accept phone or online disputes:

    What occurs following a dispute with a Credit Reporting Agency?

    Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

    This Page is BLOCKED as it is using Iframes.