The most common way of dealing with an erroneous credit report is to directly challenge the information with the national credit reporting agency. Agencies such as Equifax, Experian, and Transunion can be contacted in many different ways including email, letter or by phone. Your communication should clearly identify each item in your report you dispute, state the facts and explain why you dispute the information, and request that it be removed or corrected. When the credit bureaus receive your dispute, they are obligated by the Fair Credit Reporting Act to list the offensive item as being “in dispute.” They are also obligated to contact the counter party, usually a bank or collection agency, and verify the accuracy of the information in dispute. This process usually takes place within a 30-45 day timeframe. If the counter party cannot verify the dispute, the reporting agency must remove the item from your credit report. Unfortunately, this information is not necessarily spread across all reporting agencies, so if you have an erroneous item with all three agencies, you will have to dispute with each one.