A Derogatory record is an account that has had a history of late payments. To have it removed you must write to the creditor that issued the record and dispute the history along with copies of any proof you have as is your right under the Fair Credit Reporting Act. You should also send copies of your dispute to the credit bureaus that have the derogatory record. If you have proof the derogatory record is incorrect, then upon requesting in writing and providing copies of the proof, the record must be cleared under the FCRA and if it is not, you file a complaint with the Federal Trade Commission and can sue for up to $1000 per violation if they find the creditor is in violation.
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