Common Credit Report Errors
- Mistaken or merged accounts – your account information may be mixed up with another person’s.
- Outdated information – anything older than 7 years
- Clerical Errors – Always make sure that the details of the accounts are accurate
- Identity Theft
- Background Check Errors and Employment Report Errors
One in every five Americans has a mistake on their credit report!
Credit report errors can keep you from getting a loan or credit, prevent you from getting housing, and even prevent you from getting a job. Always make sure that the details of the accounts on your credit reports are accurate. Make sure that all of the accounts listed on your credit report are your accounts. Victims of identity theft will find accounts opened in their name that they have never even heard of or seen before. It is extremely important to check your credit report each year to ensure all of the accounts listed are ones that you have opened.