Is your Credit Report Accurate?

Do you know if your credit report is accurate? On February 10, 2013, 60 minutes released an investigation called 40 Million Mistakes, Is your Credit Report Accurate? This investigation discussed a new governmental study that indicates as many as 40 million consumers have a mistake on their credit report and Steve Kroft finds it’s hard to get them fixed.

This study also finds that 20 million Americans have a mistake on their credit report which means that many Americans have more than one incorrect issue on their credit report.

See the video regarding the study: CBS News Credit Report Mistakes.  CBS will ask you to subscribe to their website to view it.

California Debt Harassment specializes in cases involving inaccurate credit reporting. Not many think of it until it happens, but a mistake on your credit report could be a reason why you do not get a lease, you don’t land a job or your cannot purchase your dream home.

The law allows a consumer a right to request that inaccurate information on a credit report be removed. The credit bureaus must conduct a reasonable investigation to ensure the accuracy of the credit item. If they fail this standard, there is something you can do. The Federal Credit Reporting Act offers the consumer a chance to approach the creditor or credit bureau for failing to properly investigate a consumer’s request to update incorrect credit items that are being reported.

If you have problems with your credit report and it is damaging you, please contact us today and California Debt Harassment Attorney will offer a free consultation regarding what you can do to approach your inaccurate credit reporting situation.