The journey to getting your credit health in tip-top shape takes preparation and persistence. It starts with taking a hard look at where you stand and determining where you’d like to land.
Errors on credit reports can do a real number on your credit scores. Many consumers emerge from the arduous dispute process frustrated and confused. But recent changes by the three national credit reporting agencies should give consumers some relief when disputing credit errors.
Civil judgments can be reflected on your credit reports and negatively affect your credit scores. Credit reporting companies regularly update your records, which is why consistent reviews of your credit reports are important.
One in five consumers has had an error on at least one of their three credit reports, illustrating just how important it is to check your report for mistakes. But what errors should you check for, and what should you do if you spot one?
An error-free credit report can mean the difference between being approved or denied for a loan. It’s up to you to confirm that your credit reports contain your correct history.