their [credit] report will play a big part on their finances
New York, NY (PRWEB) February 12, 2018
A credit report is an important part of a consumer’s personal finance journey and National Debt Relief aims to help with people manage it better. The article titled “4 Easy Steps To Disputing Your Credit Report” released January 31, 2018, gives people some valuable tips to help them understand and dispute any errors they might find.
The article starts off by explaining how important a credit report is to consumers. Regardless if they like it or not, their report will play a big part on their finances. This helps lenders determine if people are worthy of getting a loan. This report is being used by lenders themselves, creditors, potential employers, as well as potential landlords.
The article shares that consumers must understand that monitoring and be able to dispute credit reports start from having a copy in the first place. This means they need to order a copy of their own report. Most people would already be thinking twice because of the cost. However, they can order one copy of their report from major credit reporting bureaus once every 12 months because of the Fair Credit Reporting Act.
Once consumers obtain a copy of their credit report, they can now start looking errors. The article explains that this can include debt obligations being reported past the time by which it is allowed or even being reported incorrectly. This can be credit card debt that does not belong to the person, discrepancy on who closed a specific account, and even errors in personal information.
The article also shares that once consumers obtain a copy of their credit report and identify the errors, they need to notify the reporting agencies about it. The article points out that it is best for consumers to notify the credit-reporting agency in writing about the error/s in their report. They need to send supporting documents to prove their claim. This also creates a paper trail they can easily follow-up.
To read the full article, click https://www.nationaldebtrelief.com/disputing-your-credit-report/