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Summary: Correcting credit reporting errors requires notifying the three credit reporting agencies of the mistakes and contacting any vendors who might have the inaccurate information on file. Be diligent when dealing with either Experian, TransUnion or Equifax reporting agencies with advice from a registered financial consultant in this free video on money management.
Patrick Munro's affinity for investing and financial matters began more than 20 years ago with business education and service throughout the ranks of the banking, insurance and...read more
"This is financial advisor, Patrick Munro, talking about how to correct credit report bureaus. There are three credit report bureaus that are out there reporting on your credit. They are Experian, TransUnion, and Equifax. They all report differently, and so therefore, you must monitor all three of them on a regular basis. My recommendation is to call up your credit report at least twice a year, and when you send off in a written format you will receive back your credit report from each of those bureaus. Go over it diligently line by line to make sure that everything is up-to-date. Make sure that if there is something not up-to-date that you put that in a written format and send it back to the bureau. Also, contact the vendor who may have the malicious information on the file, or information that is out of kilter, or out of whack, or in fact inaccurate. It's a management process. It takes time, and you must be diligent about how you file the paperwork. But, this is the best way to create, correct a credit report error with the various credit reporting agencies. I'm Patrick Munro, financial advisor."
eHow Article: How to Correct Credit Report Errors
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