5 Common Credit Report Errors — And How to Fix Them

Introduction

Your credit report is a vital part of your financial life. Lenders, landlords, and even employers may use it to make decisions about you. Unfortunately, credit report errors are far more common than most people think — and they can damage your score without you even realizing it. The good news? You have the right to fix them, and doing so can save you money and stress.

1. Misspelled Names and Wrong Personal Information

Small mistakes like a misspelled name, wrong address, or incorrect date of birth may seem harmless, but they can cause your report to show accounts that aren’t yours. Always review the personal information section and correct any errors with the credit bureau.

2. Duplicate Accounts

Sometimes a loan or credit card account appears more than once on your report, making it look like you have more debt than you actually do. This can lower your score. Contact the bureau and request the duplicate entry be removed.

3. Outdated Negative Items

Negative marks, such as late payments or collections, should only stay on your report for a set period (usually seven years). If they remain beyond that time, you can request their removal to boost your score.

4. Incorrect Late Payment Records

Late payment marks can significantly lower your score. If you have proof that a payment was made on time, dispute the error with both the bureau and the lender.

5. Accounts That Aren’t Yours

This is often a sign of identity theft. If you spot accounts you don’t recognize, contact the creditor immediately, place a fraud alert on your credit file, and work with the bureau to have them removed.Conclusion

Checking your credit report regularly and addressing errors quickly can improve your score and protect your financial reputation. If you need expert help, our Credit Repair service takes the stress out of the process, ensuring your report is accurate and working in your favor.