Consumer Credit File Rights Under State and Federal Law
Read this page before you generate or mail a letter. It is a consumer-rights notice. It is not a contract for paid credit-repair services.
The wording below follows the substance of the disclosure Congress required for credit repair organizations in 15 U.S.C. § 1679c. We publish it because you should have the same facts even though the letter tool is free and we do not treat Quantyra Labs LLC as a credit repair organization.
You have a right to dispute inaccurate information in your credit report by contacting the credit bureau directly. However, neither you nor any “credit repair” company or credit repair organization has the right to have accurate, current, and verifiable information removed from your credit report. The credit bureau must remove accurate, negative information from your report only if it is over 7 years old. Bankruptcy information can be reported for 10 years.
You have a right to obtain a copy of your credit report from a credit bureau. You may be charged a reasonable fee. There is no fee, however, if you have been turned down for credit, employment, insurance, or a rental dwelling because of information in your credit report within the preceding 60 days. The credit bureau must provide someone to help you interpret the information in your credit file. You are entitled to receive a free copy of your credit report if you are unemployed and intend to apply for employment in the next 60 days, if you are a recipient of public welfare assistance, or if you have reason to believe that there is inaccurate information in your credit report due to fraud.
You have a right to sue a credit repair organization that violates the Credit Repair Organizations Act. That law prohibits deceptive practices by credit repair organizations.
You have the right to cancel a contract with any credit repair organization for any reason within 3 business days from the date you signed it.
Credit bureaus are required to follow reasonable procedures to ensure that the information they report is accurate. However, mistakes may occur.
You may, on your own, notify a credit bureau in writing that you dispute the accuracy of information in your credit file. The credit bureau must then reinvestigate and modify or remove inaccurate or incomplete information. The credit bureau may not charge any fee for this service. Any pertinent information and copies of all documents you have concerning an error should be given to the credit bureau.
If the credit bureau’s reinvestigation does not resolve the dispute to your satisfaction, you may send a brief statement to the credit bureau, to be kept in your file, explaining why you think the record is inaccurate. The credit bureau must include a summary of your statement about disputed information with any report it issues about you.
The Federal Trade Commission regulates credit bureaus and credit repair organizations. For more information:
Federal Trade Commission
600 Pennsylvania Avenue, NW
Washington, DC 20580
https://www.ftc.gov
Additional facts about this Service
- You can pull your nationwide files weekly at no charge at AnnualCreditReport.com.
- You can also dispute online or by phone with Equifax, Experian, and TransUnion. Mail is not the only legal method.
- Quantyra Labs LLC does not charge for letter generation, does not mail letters for you, and does not contact the bureaus as your representative.
- Accurate negatives are not removed by sending a letter that simply asks for deletion.
- freecreditdispute.org is a self-help tool. Nothing on the Service is legal advice or a guarantee.
If we ever charged for credit-improvement services
If Quantyra Labs LLC later offered a paid service that a court or agency treated as credit repair, you would also have, before any contract or payment: a written contract, the three-business-day cancellation right, and a ban on payment before services are fully performed. We are not offering that paid service as of the effective date.