Bankruptcy Basics: How to Dispute Information in the Credit Report
Credit reports often contain inaccurate information. It is a good idea for consumers to check their credit reports regularly, even when they are not experiencing problems. The information in a credit report affects the consumers’ credit scores and whether they can get a loan—and how much they will have to pay to borrow money. It can even affect employment and insurance. It is also helpful for consumers to make sure the information is accurate, complete, and up-to-date before they apply for a loan for a major purchase like a house or car, buy insurance, or apply for a job.