Here is a basic consumer tip that every professional in the finance industry can agree on: be vigilant about your credit report.
Several consumer institutions are reporting mistakes on about 25% of credit reports. That’s one in four consumers. (http://bangordailynews.com/2015/01/18/business/consumer-watchdog-says-credit-reports-for-1-in-4-mainers-are-wrong/ ; http://www.fool.com/investing/general/2014/12/29/the-best-reason-to-check-your-credit-report.aspx; http://www.wral.com/check-credit-report-regularly-to-be-ready-to-borrow/14368617/) If there is a mistake on your report, that mistake could be hurting your credit score and opportunity to get low-interest rate financing for a home or car.
These frequent errors are why you need to be vigilant about your credit report. In order to do that, we recommend joining a free monitoring site, such as creditkarma.com.
Today, each of the credit bureaus provides a free way to dispute credit report information online. Use any of the links below to dispute an entry on your report. The credit bureau will research your dispute and get back to you via email within 30 days.
If you are taking the above steps and experiencing problems with your credit report or just want a lawyer to handle the mess for you (at no charge to you), contact a reputable law firm well-versed in credit reports and knowledgeable about creditors and debts.
Kevin Fallon McCarthy
Latest posts by Kevin Fallon McCarthy (see all)
- Public Servants’ Second Chance at Federal Student Loan Forgiveness - April 10, 2018
- CREDIT CARD LOSS FOR SMALL BANKS AT AN EIGHT YEAR HIGH - March 22, 2018
- Rise of the Jumbo Student Loans - March 17, 2018
- Credit Card Market: Now and Then - February 23, 2018
- Make Your Credit Cards Work for You - January 23, 2018