Updating credit information letter
Two exceptions are personal update letters and the long-copy annual holiday letters sent by many families as a tradition to their relatives and friends.
A formal information letter is a letter of a personal nature written to someone who is either a stranger or someone who you know, but not well.
For example, one credit bureau may report that your previous employer is still your current employer.
Therefore, it is important to check for any inconsistencies in your credit report.
Could you please fill the enclosed application and forward it to us at your earliest convenience so that we may extend to you a 30-day payment term upon approval?
If you find incorrect information on your credit report, you can dispute the information with the credit bureau that issued the report.
Examine your credit report thoroughly from all three credit bureaus (Equifax, Experian and Trans Union), and note which credit bureau is reporting information about you that needs to be updated.
Credit bureaus may report certain information about you differently.
A credit report is a summary of a person's financial history.
A credit report typically contains information, such as all past and present debts, bankruptcies, payment histories, current and past employers, and current and past addresses.