Credit Report News, Tips & Advice
Website CertifiedPrivacy Protected
Credit Report News, Tips & Advice « Credit Reports > Credit Report Tips > Tips on How to Fix an Error-infested Credit Report

Tips on How to Fix an Error-infested Credit Report

By Karen Anderson
Published: Wednesday, March 24th, 2010

Have you ever been rejected or not granted of your request for a loan to buy a house or a car, or to open a new credit? Or are you paying a very large amount of money for the loans you have? If your answer to either of these questions is yes, then you might have errors on your credit report.

What are these errors on your credit report? Information found in your credit report, information of your unemployed and debt-infested brother, or credit accounts of another person who happens to share the same name with you, or another person’s information got mixed up with yours because of a mistake on the entering of Social Security Number by a credit bureau staff, and others are considered errors on your credit report.

If you checked your credit record, which by the way a copy can be obtained from the three major credit bureaus ( Equifax, Experian and TransUnion), and found such erroneous information, you have the right to remove these errors. And aside from removing these errors, here are other helpful credit report tips that you could do to fix your credit report.

The first credit report tip is to understand how these kinds of mistakes should be handled. If the information you find in your credit report is truly wrong or inaccurate, the creditor must inform the major credit bureaus in order to make necessary corrections. And the information that are undecided and that can not be confirmed should also be removed.

Another credit report tip is to study carefully all the information in your credit report that you find inaccurate. You might not recognize it easily but these errors might be signs that you are already a victim of identity theft. When reviewing your credit report, it is a good idea to give a doubtful mind to information or data even though they may seem no to impact your credit score. This is because you may never know if it is already a case of identity theft. Like for example, information regarding a strange address under your name, and the likes.

And the next credit report tip is if you think that this erroneous information on your credit report is a sign or signs of identity theft, then don’t hesitate to inform or call the three major credit bureaus in their following hotlines: Equifax (1-800-525-6285), Experian (1-888-397-3742), and TransUnion (1-800-680-7289). You should also file a complaint with the Federal Trade Commission, either online or through this number 1-877-438-4338. After doing such it is also advisable to close all accounts that may have been accessed by identity thieves.

A fourth credit report tip is to seek legal help or assistance. Depending on how serious the errors you find on your report, you might need an attorney. The National Association of Consumer Advocates can be a good start in finding legal assistance.

And the last credit report tip that you could do is to relax and calm yourself. It will take time for these errors to me cleaned up or to be fixed. Once the error or errors are at last been corrected, request for your free credit report again at your next possible opportunity and make sure that it hasn’t resurfaced on your credit report again. And if in case it did resurface, at least you won’t have to start all over again. Just resend all the copies of your previous documents to the credit bureaus and point out the error or errors.

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.