Did you know that your credit score is probably inaccurate?

According to a recent Public Interest Group Research study, more than 70% of Credit Reports contain errors. Oh sure the Credit Bureaus say to the public that only 20% of credit reports contain errors, but that’s a bunch of Credit Bureau bologna, because when they are in court under oath they admit that more than 50% of credit reports contain errors.

What kind of errors are probably on your credit report – and making you pay more for your home, auto loan, insurance, credit cards and student loans?

The study found that:

- 29% of credit report accounts contain serious errors that don’t belong including false delinquencies that can kill your credit score.

- 41% of credit reports contain personal demographic information that was incorrect, outdated, or misspelled.

- 20% of credit reports – 1 in 5!!!! were missing major credit loan mortgage or other information to demonstrate the credit worthiness of the consumer.

- 26% of credit reports contained accounts that were in incorrectly listed as open (or) “closed by credit grantor.” When your account is “closed by grantor” it looks like you did something wrong and that’s bad for your credit score.

We are happy to take a look at your credit report, identify the errors and let you know what percent chance we have of removing each negative line item.

Chat with us, or give us a call any time.

START CREDIT REPAIR NOW
Next Credit Bureau Secret: Your Scores are Not Accurate
Previous Topic: Your 69 Credit Scores