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Building a Culture of Support and Success page 1
Bizarre Bipartisan Beasts
The Cost of a Fresh Start page 2
First to File, First to Prepare
Air Fryer Chicken Flautas page 3
The Hidden Errors That Drag Down Your Credit Score page 4
WHAT TO DO WHEN YOUR CREDIT REPORT IS WRONG BAD DATA, BAD SCORE
KNOW WHAT’S BEHIND YOUR SCORE. You probably have a pretty good idea of where your credit score sits, but have you ever explored your full credit report to understand where that number comes from? Too often, we just trust the number and take it at face value. Unfortunately, mistakes can end up on our credit report and be detrimental to our score. Without action, those inaccuracies will continue to affect and lower your score. FIND AND RESOLVE CREDIT REPORT ERRORS. It’s not always obvious what to do when you notice something wrong with your credit report. The first place you should start is with the credit bureaus responsible for investigating disputes. Equifax, Experian, and TransUnion all have webpages and phone numbers specifically for reporting credit disputes. Understand that this is not always an immediate process. It could take 30 days to see a correction, but if you want the fastest, most
accurate results possible, consider submitting a dispute by certified mail. This requires a return receipt, which provides a paper trail if things go quiet or remain unresolved. CONTACT THE CREDITOR. Another option is to file a dispute directly with the creditor or debt collector reporting the false incidents. Like the credit bureaus, these groups have an obligation to investigate and respond to any disputes. They could have inaccurate account balances, or it could be a creditor you’ve never even interacted with. You’ll need to contact them to correct it, and, once again, the best way to do so is by certified mail. GET EXTRA HELP. While we’d like to think filing a dispute is enough, sometimes you have to call in the big guns and get professional help to see results. If this is the route you need to take, don’t delay. Your credit is tied to just about everything in your life.
Our credit scores seem to follow us everywhere we go. Whenever we need to make a large purchase, apply for a credit card, or start utilities at a new property, someone will likely run your credit to make sure you’re financially stable and trustworthy enough to receive the loan, credit, or services. If your credit score takes a dip, it can take years to recover lost points, but here are four tips to help remedy the situation sooner rather than later.
4 • BrucePA.com
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