40 Million Affected by Credit Report Mistakes – 60 Minutes Investigates
We see it firsthand – consumers seriously affected by mistakes on their credit report which are almost impossible to correct. 60 Minutes conducted an investigation and aired a great segment recently regarding how these mistakes affect individuals (40 Million according to a new government study), the difficulty in getting Equifax, Transunion, and Experian to correct the mistakes, plus the Fair Credit Reporting Act violations that are rampantly occurring.
Because your credit carries such weight in your financial well-being, this is an important topic to stay well informed on. Mistakes on your credit report can cost you money, increase interest on loans you are given, and can prevent you from obtaining credit or landing a job.
Check out the video and download our Free Credit Report Dispute Kit to stay on top of your credit.