Monday, September 21, 2009

Get Wrong Stuff Off Your Credit Reports

Once you've gotten your buying behavior in line, start on your current credit reports. Examine each of them for any false information on it. If there's any wrong information, challenge it in writing. And keep a copy. They have to come up with a result within 30 days. If they don't, they're required to take it off. Did I tell you to keep a copy? Well, keep a copy. And while you're doing that, keep a copy.

Studies have found very high error rates by these credit reporting agencies. They don't have the staff, or care, enough to check out all the data they get sent. So it's not totally improbable that there would be some information on there that's not right. This will improve your credit score just by having this stuff off there.

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