A credit report is an essential document required to maintain one’s reputation in the credit market. Further, it represents a person’s financial credibility in terms of their credit history. This makes it essential for an individual to keep a check on one’s credit score and keep it error-free. A credit report could be made error-free by the following ways:
By cross-checking information: It is essential to fill in the details correctly To keep a report error-free. Therefore before finalizing important information like personal details, loan details, and bank and payment information accurately.
Ensure Verification: A credit report can even be applied for through online portals. These portals ensure the facts before concluding results by visiting the required banks. Therefore that proper verification with the bank takes place.
Keep patient: In case there is any dispute with the credit report, it is resolved within 30 days by filling dispute forms. Also, the credit bureau takes no charge of correcting credit reports. Once the disputes are solved, the credit report is updated accordingly.
Therefore, credit decisions could be wiser by solving disputes if any, and by keeping the credit report updated. An individual should check the credit report from time to time.
Read More : How to fix errors in Credit report?
Credit score 