Remarks appear on your credit report to provide additional information about one of your accounts. Remarks can be positive, negative, or neutral, depending on the account and situation.
Here we consider the meaning and purpose of a “Account information disputed by consumer” remark on your credit report, and what you can do about it!
What “Account Information Is Disputed By Consumer” Remark Means
The remark “account information is disputed by the consumer” simply means the consumer has disputed information being reported to their credit bureau.
This remark serves as an indicator that your dispute is under investigation, however, the information reported is in accordance with the rules set out by the Fair Credit Reporting Act (FCRA). This means the disputed information will remain on your report pending the investigation results.
The FCRA requires credit bureaus to post the remark “account information is disputed by consumer” within five business days of receiving your dispute.
What Does This Mean For You?
This remark is temporary and should be removed once the necessary updates have taken place. Additionally, It has no negative impact on your credit score. The credit bureaus will have 30 days to investigate and respond to your dispute once they receive your dispute letter.
The remark “account information is disputed by the consumer” is a neutral remark with no adverse effects on your credit report. It is required by the FCRA and serves as an indicator that your report is being investigated. The remark should be removed pending the results of the investigation.