How to Add Remarks to Credit Report

In 2003, the Fair and Accurate Transactions Act (FACTA) amended the Fair Credit Reporting Act of 1970. The changes brought forth by FACTA primarily benefit consumers. Not only did consumers become entitled to a free copy of their credit reports every year, but also, a new provision was created. This provision allows consumers to add remarks--typically called a consumer statement--to their credit reports. You can use this opportunity to say almost anything; however, its primary purpose is to enable you to explain negative accounts or incidents of fraud.

Instructions

1

Obtain a copy of your credit report from all three bureaus; if your statement or remark is about a particular account, make sure you provide the statement to each bureau the account is reported to.

2

Type a short letter to each credit bureau. Include a section specifying the remarks or comments you want to add. Limit your remarks or comments to 100 words or less; this is the maximum each bureau will accept.

3

Obtain the address for each credit bureau. Visit each bureau's website to find the mailing address.

4

Wait a maximum of 30 days for a response. The bureaus should send you a confirmation once the remark or statement has been added to your credit report. If you have not heard back within 30 days, contact the bureau by telephone.