Clearing Mistakes on Credit Reports
Has an error on your credit report prevented you from getting a loan? There are way you can clear errors that could harm your credit rating.
Quite often, it is not until you apply for a loan that you learn that there is a problem with your credit report. And sometimes, that problem is through no fault of your own.
If you learn that an error has been made on your credit report, here is what you can do:
• Contact all three credit reporting bureaus for a copy of your report. Although the information should be relatively the same on all three reports, sometimes, an error will occur with only one credit bureau.
• Write a letter to the creditor that has reported erroneous information, and ask them to correct it with the credit reporting bureau.
• Also forward a copy of the letter and documentation that you have submitted to your creditor to the bureau reporting the error and ask for their help in getting the error corrected.
• Do not just assume that the error has been corrected. Order a new report from all three bureaus to be sure that the error has been removed from your record.
If you run into problems getting a mistake cleared, contact a supervisor at the credit reporting agency, the agency reporting the error, or our Call 4 Action office for further assistance.