Complete Description:Your credit report contains information about where you live, how you pay your bills, and whether you’ve been sued or arrested, or have filed for bankruptcy. Credit reporting companies sell the information in your report to creditors, insurers, employers, and other businesses that use it to evaluate your applications for credit, insurance, employment, or renting a home. It's important to make certain your credit report is correct! This article explains how to dispute and correct inaccurate information in your credit report. It includes a sample dispute letter.