1. If you spend more than 50% of your credit limit every month, this indicates to the Credit Bureau that you do NOT have enough cash on hand to meet your monthly expenses. This will identify you as a high credit risk and will actually reduce your credit score by 60 - 70 points overnight (Fair Isaac).

2. If you miss 1 or 2 payments on your credit card debt, the issuing company will skyrocket your interest rate to a whopping 27% - 30%!

3. Out of a random sample of 3 million American consumers (included in Experian's National Score Index), 51% of them have at least 2 credit cards and 14% of them have 10 or more credit cards.

Follow Up Debt Dispute Letter

If the debt collector hasn't responded to your initial debt dispute letter after 30 days, it is a good idea to follow up and request for a debt validation document. Use this letter to follow up on the progress.
Note: Use this letter ONLY after you have sent an initial dispute letter.

Click here to get an MS Word format version of this letter. A .doc file will open up and save it to your Desktop. This way you can easily retrieve the file.

Date Today (mm-dd-yyyy)

Your Name
Your Address

Lender's Name
Lender's Address

Dear (Mr. Debt Collector),

I am responding to your (letter or phone) dated (dd-mm-yyyy) in reference to the collection of the debt (Account # of Debt Owed). This letter is also in reference to your phone call on (dd-mm-yyyy).

On (Date of Your Initial Dispute Letter), I sent you a letter clarifying that I do NOT owe the debts you have claimed against me. Therefore, in conformity with Debt Collection Practices Act, 15 USC 1692g, Section 809(b), Debt Validation:

"(b) If the consumer notifies the debt collector in writing within the thirty-day period described in subsection (a) that the debt, or any portion thereof, is disputed, or that the consumer requests the name and address of the original creditor, the debt collector shall cease collection of the debt, or any disputed portion thereof, until the debt collector obtains verification of the debt or any copy of a judgment, or the name and address of the original creditor, and a copy of such verification or judgment, or name and address of the original creditor, is mailed to the consumer by the debt collector."

In my initial dispute letter, I had asked you to provide me with the following information:

amount of total debt
name of creditor who owes the debt
provide a proof or verification of debt
proof that you are legally allowed to collect debts in (Your State Name)

I had also asked you to notify my credit bureau or collection agency that I am officially disputing this debt in written letter format. If you do NOT inform the Credit Bureau of this dispute, you will be again violating my rights under the Fair Credit Reporting Act § 1681s-2.

I have not received any response from your side. For your benefit, I have attached a copy of my initial dispute letter and a receipt that proves you have received this letter on (dd-mm-yyyy).

If you try to recover this debt from me without first validating it, you are violating my rights under the Fair Debt Collection Practices Act (FDCPA).

(Your Signature)
(Your Printed Name)