A Credit Report Error: How to Challenge It

If you’re trying to build your credit score, the responsible thing is to check your official credit report regularly.  

A mistake on your credit report can lead to bad credit, even if you’ve been a responsible spender.

Keeping up with your credit report is vital. Mistakes are more common than you might think. 

Typically three credit bureaus (Equifax, Experian, and TransUnion) provide free, annual reports. However, due to the pandemic, you can access your credit report for free every week through April 2022.

Getting Your Credit Report

What Should You Look for in Your Credit Report?

First, check if all of your personal information is accurate and up-to-date. One common problem in credit reports occurs when someone accidentally creates aliases. 

If you’ve created aliases, it’s possible for the system to get confused and add another person’s credit information onto your file.

All of your account information – payment history, account balances, credit inquiries – will be listed on the report. While balances may not be entirely correct, they should still be pretty close. 

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