How to fix credit card errors
- Topics:
- Commercial Lending
- Tags:
- Business Operations,
- Credit Card,
- Error,
- Fair Credit Reporting Act,
- Financial Services,
- Litigation,
- Omission,
- Sales,
- Sales Channel
- Source:
- Business Week Online
FREE Registration is required
Overview: The Fair Credit Reporting Act is again your friend when it comes to fixing errors in your credit report. Errors in your credit report include mistakes but they also include omissions. It's possible that actions you've taken to pay off a debt or clear up a delinquency, for example, are not showing in your credit report.. Bureau has a slightly different version of your credit report. You may find an error or omission exists in one of your reports but not others. Credit bureaus compete with each other, which can result in them having disparate information about you. This article explains about investigation of an error or omission, which includes Document your claim, Send copies, Keep records etc.If information in your credit report is accurate but negative, or your claim cannot be substantiated, you will be at the mercy of the calendar. Under the law, credit information can remain on your credit report for seven years, and 10 years if you've filed for personal bankruptcy.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: HTML | Date: Sep 2003 | Pages: 1
People who downloaded this item also downloaded
 |
Building Credit After Bankruptcy: Three Strategies |
