The best time to dispute erroneous credit report items is when companies merge, says reader Thomas. It’s a little gray hat but hey, power to the people.
“I’ve found that the best time to clean up problems in credit history is when companies merge with or are bought out by other companies. Frequently, a lot of the payment history details are lost when IT systems are merged. I had a student loan I didn’t realize was back in repayment, and it caused me problems for years. Then that student loan company was acquired by another. For the third time, I disputed the information and it was deleted because the new company was unable to provide any details or evidence.”
— BEN POPKEN