What if the information on my credit report is wrong?
It’s estimated that around 70% of all credit reports have some type of mistake or inaccuracy, so there’s a good chance that you may have a mistake on your credit report that could impact your ability to buy a home, purchase an automobile or even get a job.
Finding a mistake on your credit record and attempting to fix it can be a daunting task, and the wrong time to find out about it is right when you’re about ready to buy that brand new car.
Contacting the proper credit bureau, filing a claim, waiting as long as 30 days for a reply and then filing an appeal if your claim is rejected can be time consuming and overwhelming. Not only that, but if the mistake or inaccuracy shows up on all three of the major credit bureaus, you’ll have file a claim at each one separately.