Easy Ways To Fix An Error On Your Credit Report

By Jill Cullen

Few people know it's even possible to erase an error on their credit report. If you try and find info about this, you will stumble upon commercial sites that do not give accurate and independent information most of the time.

You only need to get a couple of things about erasing errors on your credit report. Let's go into a few of the crucial points in this article

First off, you get a copy of your own credit report. You can get this from the main bureau. Every American citizen has a right to a credit report every year and they'll send it out to you.

Next, you need to carefully look over the credit report. This has to be done carefully. If you see any real errors, put them on paper. If you're unsure, write it down too. You need clarity about what is in your credit report.

If you've written down the mistake or mistakes you've found in the credit report, you have to send a letter to the responsible credit bureaus. Do not write e regular e-mail. Write a letter with real ink, one that's really printed with a real postage stamp. It's a hassle, but it's worth it.

Don't stop after that. Follow up after your letter. Credit bureaus will check it out themselves most of the time, but it never hurts to check and make sure they handle it promptly.

If you don't receive word from the credit bureaus, and you've followed up, you may have to file a complaint with the FTC. As a consumer, the FTC is there to protect you and it's your right to use this.

Erasing errors on your credit report can be a hassle and annoying, but upgrading your credit makes a giant difference when applying for a loan or a mortgage. Take the necessary time, do your preparation and you'll do fine.

About the Author:

Jill writes about financial matters and credit scores. She also writes about geld lenen zonder bkr and doorlopend krediet in Dutch.