Credit reports can make or break you with regard to loan approvals, interest rates on mortgages, and approval of credit cards. Errors in the report such as wrong listings from services such as Global Payment Check Services (GPCS) can surely inflict harm on one’s credit health.
This guide will take you through disputing the errors and addressing the inaccuracies in the report. If you require help, CreditSage is a trusted credit repair company that can manage the whole dispute process on your behalf to ensure the credit report shows only the truth.
Getting to Know Global Payment Check Services
Before we dive into disputing the errors with Global Payment Check Services, we need to understand what this service is and how it may appear on your credit report.
Global Payment Check Services (GPCS) is a processor that provides electronic check services to consumers. In simple terms, GPCS is an intermediary between merchants and consumers who are processing payments made via checks. These services might show up on your credit report due to miscommunication or an error in reporting.
When Would GPCS Show in Your Credit Report
If you have ever used a check payment service, it is feasible for an account with Global Payment Check Services to show on your credit report. However, it does not end here; possibilities of error do exist. One such error could be that an account would show on the credit report, even though you never used GPCS' services. Such mistakes can have a blow on the credit and, therefore, misrepresent your accounts as they stand in your financial history. You have got to take action sooner to resolve the GPCS item, whether it is negative or incorrect when listed, so that it correctly captures your credit standing. This can prepare you to challenge some of the errors present and protect your credit health.
A few unfortunate consequences could be a wrong reporting that is sent to the credit agency regarding GPCS whereby late payment, missed payment, or account in collections would lower the possibility of your credit worthiness in the eyes of potential lenders, which, therefore, would shut you out of getting credit in the near future.
The following sections explain in detail the steps to approach the resolution to have Global Payment Check Services removed from your credit report, making sure you have an accurate and healthy credit file.
Thoroughly Scrutinize Your Credit Report for Errors
The very first step towards the removal of the Global Payment Check Services from your credit report would be to have a detailed review of your credit report. Keep reviewing your credit report for inaccuracies.
Pulling Your Credit Report
You are entitled to one copy of your credit report from each of the three major credit bureaus: Equifax, Experian, and TransUnion, once per year, free of charge. To check these reports, you have to go to AnnualCreditReport.com. You want to get a complete report from each bureau so that discrepancies can be noted regardless of where they show up.
Once you have the credit reports in your possession, take a closer look at all the entries listed under the accounts section. Pay particular attention to any items pertaining to Global Payment Check Services or other financial institutions. Errors with respect to this service can present themselves in many forms, which include wrong dates, missed payments, or accounts that you have never even opened.
Identify Inaccurate Information
As you are going through your credit report review, search for any discrepancies under the Global Payment Check Services listing. For example, you might see issues like:
- unfamiliarity with an account listed with GPCS
- late payments or missed payments that you don't recall making
- balance or outstanding debts that don't belong to you
- accounts that have closed or settled but still show as active or unpaid.
If any of these appear on your report, they might show possible errors and become subject to dispute.
Take Careful Notes on Specific Errors
For every error found, you should document all the details. Take a screenshot or print out the section of the disputed report; you will need this to file a dispute. Collecting all of the necessary information will help you present a clear and concise case to the credit bureaus. Reviewing your credit report is a key first step to initiating the dispute.
After finding them, forward the errors, and this is where CreditSage can provide you guidance through the remainder of the dispute course.
Dispute the Error
The minute you spot an error connected to Global Payment Check Services on your report, the next move is to dispute it with the credit bureaus. Disputing an error can be done online, over the phone, or by mail. Here is how to do it.
Filing Dispute Online and by Mail:
The quickest and most convenient way to dispute an error is to file your dispute online with the credit bureaus. All three major credit bureaus, Equifax, Experian, and TransUnion, have online portals for filing disputes.
- Equifax: Go to the Equifax website, log in, find the error you want to dispute, and provide additional comments for the issue.
- Experian: Go to Experian and click 'Dispute' under 'Credit Report,' then follow the prompts for disputing.
- TransUnion: Visit TransUnion's website and log into your account. You can then view items in dispute and explain your situation.
In filing a dispute, include as much information as you can to back your claims. Such would include bank statements, payment history, and anything else that may reinforce your case. If one is uncertain about the correct information to be provided, CreditSage can take care of the process, ensuring that the dispute is circumstantially detailed and surely documented.
Mailing is the other method of disputing errors, wherein formal letters can be mailed to each of the credit bureaus. While disputing by mail, relevant copies of documents need to be attached, accompanied by a clear statement of the error. Send disputes via certified mail for proof of delivery.
Wait for the Investigation
When you present your dispute, federal law requires credit bureaus to investigate your complaint within 30 days. They are expected to reach out to the source of the information and request for verification. If verification is not possible, it will be deleted from your credit report.
After the investigation, you will be notified by the credit bureau of the results. If your dispute succeeds, your report will reflect the changes as a positive alteration to your credit history. On the other hand, you have the right to appeal the decision or supply additional evidence to strengthen your case if the process fails.
Lodge a Complaint with Global Payment Check Services Directly
If the credit bureau fails to provide adequate resolution, you might be left with no option except to directly contact GPCS to press for correction of the errors on your credit report.
First thing is to find the contact details of the GPCS. Its contact information must either be on your credit report or can be found online. You can call them or submit your dispute via their website. While making contact, make it very clear as to what the error is and add documentation to support your contention of invalidity.
Ask for Re-examination of the Account and Keep Detailed Records
Request GPCS management to reexamine the account and correct any errors. If necessary, they might be able to directly change the information with the credit bureaus. If so, it will effectively clear up the error on your credit report.
Document each and every communication that you have with Global Payment Check Services. This will include phone calls, emails, and any written correspondence. Keeping a record of your efforts will become essential in case you need to escalate the matter further or pursue other avenues for correction.
Consider Partnering with CreditSage
If you have attempted to dispute the charge but have found no relief, or for any reasons you simply prefer to seek professional assistance, partnering with CreditSage will be wise decision. Our team of credit experts is experienced in dispute process management. Our team of professionals will be able to go from instigating minor errors to constant follow-ups with credit bureaus and creditors toward an accurate credit report.
Benefits of Working with CreditSage
Specializing in credit report disputes, CreditSage helps you through the painful process of removing erroneous information such as Global Payment Check Services from your credit report. CreditSage affords you the following:
- Save time and effort: We handle the entire process for you and won't let you miss one step.
- Get expert advice: Our team understands every knuckle of credit reporting laws and, based on your situation, gives you tailored advice.
- Improve your credit health: We assist you in raising disputes in the most time-efficient and effective manner. The result is an accurate credit report you've kept nourished—a key layer to your overall financial health.
Contact CreditSage Today
If you have taken the courage to exercise control by cleaning out your credit health, you’re not far from successfully cleansing away unworthy designations on the report. CreditSage can help you with this process efficiently and even assist you in maintaining a healthy credit report after all the dispute is completed.
We give direct and free assistance on all assessment measures and provide assurance of legal guarantees on your credit report. Once you successfully follow these processes to dispute and remove Global Payment Check Services from your report, then you are guaranteed a thriving credit health and peace of mind that comes with a clean credit record.