1. Why Your Credit Report Demands Attention
While few people realize it, a credit check is needed to ensure that you keep it free from errors. As a
vital financial document that details all your financial history, it’s the same reference used to calculate
your credit score. And with today’s system getting more and more stringent, it’s essential to ensure that
you go through your credit report to avoid errors and discrepancies.
After receiving a credit report, it is important that you check the areas where mistakes often occur.
Wrong personal information
Everything about a credit report is important; from using the correct punctuations to spelling your name
correctly. Misspelling your name may cause you to get mixed up with a different person with probably a
history of bad credit. Updating your address is also very significant; having an out of date record may
increase your risk of not knowing that somebody might already be using your credit accounts. Hence, to
keep good credit scores, a credit check is always necessary to determine the accuracy of your credit
statements.
Errors in public records
Credit reports, while they show your capacity to pay, they also incorporate your incapacity to pay. They
show if you are bankrupt, financially unstable and financially irresponsible. These details are available on
public records for a certain but lengthy period of time. If by chance, you come across a detail that you
think has been mistakenly recorded, you can have it deleted supported by valid documents. This action
will help you improve your credit score.
Unknown accounts or activity
In the accounts section, you will find details about your current balances, dates of when each account
was opened and your credit limits. When a credit check of a certain account acquaints you with a certain
account you are not aware of, then this should be reported and taken cared of immediately as it might
be an issue of identity theft. Others might be using your account without your knowledge. Other areas
that demand your attention are charge-offs or incorrect details concerning late payments.
Frequent inquiries
An individual that has a credit card account should always remember that frequent inquiries about their
credit report can bring down their credit score. An example is letting an insurance company glance
through your credit history to review your credit behavior. Filter the necessary inquiries and make sure
they are deleted from the credit report after two years.
End Note
Errors in the end note can be easily corrected by informing those who are responsible in the company
for creating the credit reports. Just report the error and support your claim by presenting valid

2. documents. You should always remember that in presenting valid documents, always keep the original
copy for yourself and only give away copies of those documents.