Latest News

https://www.greatbasin.org/loans/business-loans/ Read More February 24, 2017
We don’t charge you a monthly fee. We PAY you every month! Check it out:... Read More February 23, 2017
Our community-minded employees are at it again! Thanks for braving the weather to volunteer for... Read More February 21, 2017
Hailee has something to tell you![embed]https://www.youtube.com/watch?v=_-hkmn9ajT4[/embed] Read More February 21, 2017
Attention all business owners: Don’t miss our next FREE seminar this Wednesday the 22nd at... Read More February 20, 2017
www.GreatBasin.org Read More February 20, 2017
Work hard, play hard! Our 1st Annual GBFCU Employee Game Night was a hit, especially... Read More February 16, 2017
Congrats to Brandi for winning our Giveaway gift card to the Coconut Bowl! Read More February 16, 2017
Get .5% off your rate when you buy with Enterprise and finance with Great Basin!... Read More February 16, 2017
The Great Basin Family was feeling the love for Valentine’s Day! ❤️ Read More February 15, 2017

Dispute Credit

How to Dispute a Credit Report

Those who feel they have been denied credit because of inaccuracies can dispute a bad credit report online for free. The Fair Credit Reporting Act allows each person a free copy of their credit report once every year. The simplest way to get it is online at, www.annualcreditreport.com. Get a copy and check it for errors.

There are three credit reporting bureaus, Equifax, Transunion and Experian. Each has options on their websites to file a dispute on the credit report.

Determine which of the three is showing the error and file the dispute. Sometimes, this is all that is needed to resolve an issue. The credit bureaus are allowed 30 days to investigate a problem. If this does not settle the matter, the bureau may ask for the dispute to be sent to them in writing. Send them the information in a letter along with any supporting documents.

Once the decision is made to correct the problem, record every step along the way. Keep records of everything such as dates, details and times of conversations and the name of the person with whom the conversation took place. Keep the originals of any supporting documents, such as canceled checks, mailed to either the credit bureau or the creditor who issued the incorrect information.

It is estimated that as much as 80% of credit reports have erroneous information. When that information causes problems, the credit bureaus will make the correction, but only with factual documentation to show the information is wrong. Talk to the creditor involved and, if they confirm an error was made and agree to make it right, get that in writing as well.

Credit errors can be resolved but it is up to the individual to complete the resolution.