How to use the template: 1. In the sample letter, fill in your personal information.The letter is a request from Emma Baluyot to settle her debt with Althea Financing for 150,000 pesos. Updated March 15, 2024. You can go to the websites for each of the three credit bureaus and use their form to dispute derogatory entries. Use this sample letter to dispute incorrect or inaccurate information that a business supplied to credit bureaus. A letter of explanation is your chance to answer any questions a lender might have about your loan application. A credit dispute letter includes personal information and enclosures that help credit bureaus investigate mistakes. These are the actual letters I have sent. I'll note the situations for each letter in red.