Consumers should be aware of mistakes in their credit Report. This was pointed out by Linda Sherry, National priorities Director of Consumer Action. Beware! Once somebody you do not know calls to inquire on someone’s debts, your address, correct spelling of your name or any information about you, this could enter on your Credit Report. Unsolicited incoming calls are usually the start of alterations in your Credit Report.
This, after many victims complained of overdue debts, rented apartment which they do not have any knowledge of, unpaid bills and services which were never delivered and many other changes which affected their financial status.
Survey shows that up to now, there have been a surging number of complaints over negative information found in their credit report. Just like what happened to Bruce A. Summerfield of Blackwood, N.J, where he was surprised to find out in 2007, he had not paid $1,075 he owed to AT&T as reported by Equifax. This shows that even Credit reporting Agencies may tag wrong information in your Credit report and should be among those to be checked every now and then.
Angie from Dallas suffered from the same fate when she found out that her Credit Report has been altered because of wrong entries. “There are millions of people who are not given credit or a job due to one of those mistakes,” says Mr. Mierzwinski, who is the director of consumer program in the U.S. Researc
No one knows what goes on the minds of lenders and credit card report viewers when they look through the data in the credit reports. Credit card holders maybe biting their nails as their future lenders are skimming through the details. Others would ignore the situation thinking that they have been doing good credit management and there’s nothing to be afraid of.