How do I Remove Charge Backs Off of a Credit Report?

Removing chargebacks off a credit report is a crucial part of credit repair. A chargeback does not need to show up in your credit history because these charges are disagreements between you and store vendors for unfair purchases. When you know a purchase is erroneous, ask your card company to charge these funds back to the actual store, and you won't have to pay these costs. Unfortunately, this type of data tends to appear as a bill that is past due on your credit report, and will cause your credit rating to fall. If you find such a transaction in your credit history, you need to ask the credit bureau to eradicate the information.

Instructions

1

Obtain a copy of your credit history at no charge. Visit a government-sponsored website listed at ftc.gov/freereports to acquire this record of your credit. The information you receive will contain data from each of the major card organizations.

2

View the data and search for faulty information. When you find a chargeback, note the title of the store, the day of the transaction and the exact price of the purchase in question. You'll need to search through each section of the report to find any unpaid balances that have the same price as your disputed purchase.

3

Contact each credit card agency that lists the incorrect information on your report. Keep in mind that the same transaction will most likely show up on the records of each credit reporting agency, so make every effort to go through all of the data you receive. Once you have found the chargeback, simply go to the websites of the three major credit groups and let them know of these errors.

4

Send the credit card organizations the data they need. You have to provide all relevant documents to the three major agencies such as specific product purchase information, merchant dispute details and the date of chargeback acceptance. You will also have to send proof of purchase and any written communication between you and the store owner.