Because your FICO® Score is based on the information in your credit reports, it is very important to make sure that the credit report information is accurate. You should review your credit report from each credit reporting agency at least once a year and before making any large purchases, such as a home or car.
You have the right to obtain one free credit report each year from each of the credit reporting agencies at www.annualcreditreport.com. Please note that your free credit report will not include your FICO® Score.
If you find an error
If you find an error on one or more of your credit reports, contact both the credit reporting agency and the organization that provided the information to the agency. Both parties are responsible for correcting inaccurate or incomplete information in your report as required by the Fair Credit Reporting Act.
In writing, tell the credit reporting agency what information you believe is inaccurate and request them to fix it. This is called initiating a credit report dispute. They will investigate and respond to you within 30 days. Include copies (not originals) of documents that support your position. Each of the three major credit reporting agencies offers you the ability to initiate a dispute online in order to correct errors in your credit report.
It’s also important to advise the appropriate creditor or other information provider, explaining that you are disputing the information provided to the credit reporting agency.
For more information on building, buying, selling or leasing commercial or residential property anywhere in the world, contact Nicole Tucker, licensed agent with Keller Williams, Dallas Preston Road office at 972-992-8204 or visit my website at http://www.NicoleRE.com.
Nicole Tucker ~ Making Real Estate Real Easy!
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