It is known that every single year millions of people all over the country make some mistakes when it comes to credit report filling. Several different researches have been made and they show that over 75% of the credit reports that were filled back in the year of 2004 have serious mistakes. Which means only one fourth of the population was able to fill in the papers with less or no mistakes at all. In order to avoid such issues it is always important to research how to properly fill in your credit reports!
If you do not know well, make sure you look online, there is always a great source of information there for you! In fact most of the common credit report errors could easily be avoided if the population paid more attention to the information given. Reviewing what you write there is simple, easy and does not cost a thing, plus it will also save you a lot of trouble in the near future.
If you would like to learn some more regarding the most common credit report errors check the below list and most importantly: make sure you do not make such mistakes and in case you do, learn how to never do them again!
Some Common Credit Report Errors
- Make sure the account information stated in your papers are truly yours. It is common to add different numbers or even to end up adding a bank account that has nothing to do with yours. Always review the information before actually delivering the papers. If some mistake regarding your account happens you will have to solve the issue before the government and it might take some precious time that could easily be saved.
- The older the account you add on your credit report is the better. Even if your account has some bad history credit do not hide it, it will avoid future issues in the future. Make sure you information regarding each account is updated, after all the government will check the information carefully and in case they simply believe something is wrong they will contact you and create some trouble. Keep in mind that the dates used should always be accurate, after all the older your bank account is the better. It is also important to know that if you have a bad credit history you will not have a good credit score in the end.
- If you add information that you are not sure if there is something wrong! You should only add information when you know that everything is correct. Always have your address up to date, after all credit bureaus might simply use your old address and assume it is your current address. Now if you state in your credit report your new information they will see it and will not use old information. This is by far one of the most common credit report errors and also one of the most troublesome ones.
- Make sure you do not have any wrong information regarding the collections and charge offs. Although this is quite rare this could end up making your final credit report terrible! If you do not pay attention you could literally have a great credit report turned into a bad credit nightmare. Of course the mistake can be solved but it will be extremely lengthy and time consuming, not to mention downright annoying.
- Make sure your social security number is truly yours! This might seem impossible, however there are hundreds of people that every year end up adding a different number and doing a totally wrong credit report. If you do that it will be as if no credit report was made and it will be a long road until you have the whole matter solved.
If you do not know how to get far away from Common Credit Report Errors have someone help you!
In case you are not sure how to do the whole thing correctly or even if you did fill in everything out correctly make sure you have someone experienced and helpful by your side, this usually is enough to deliver a quality and 100% correct credit report and get your scored back and correct as soon as possible. There is nothing worse than have to spend time, money and also patience trying to fix the mistakes that could easily be avoided throughout the whole process.
The common credit report errors are usually easy to avoid, since most of them simply involve adding wrong numbers, delivering inaccurate information or simply not adding the needed information at all. If you keep track of what you have filled as well as have someone else check the information for mistakes you will have all of the guarantees that you will not need to fix the whole thing in the near future.