Should I use 623 letter or Good Will

[rfsilverio]

I recently disputed some issues on my credit report. Unfortunately a few items came back "verified".

Of these there are 2 accounts (1 credit card and 1 line of credit) that have serious delinquencies which are now being reported as closed and paid.

I have 2 credit card accounts with a couple (no more than 2 each) 30 day lates and 1 installment account with 2 30 day lates.

I was thinking of doing a 623 letter for the 2 serious deliquent accounts and a good will letter for the others.

Is this suggested or should I just do the 623 letter for all accounts.

Thanks in advance

[Lian]

Disputes, be they through the CRA under section 611(a) or directly to the furnisher of the information under section 623(a)(8), are to address identified items that have been inaccurately or incompletely reported to your credit file.
What is the asserting inaccuracy or incompleteness of their reporting?

Additionally, disputes do not necessarily require the deletion of prior reporting. If the asserted inaccuracy can be corrected, then an update can be provided without deletion of the disputed information. So, again, whether to use the dispute process, and what can be expected as a result of their investigation of your dispute, depends on the information being disputed, and the inaccuracy asserted. That is a case-by-case determination. Additionally, if you have previously disputed their reporting, and its accuracy has been verified, then any subsequent dispute can be dismissed without investigation unless it provides substantially new information. Were these two accounts previously the subject of a dispute?

If the dispute process is not appropriate, then the GW process is the remaining way to get information deleted prior to its normal exclusion date.