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Incorrect credit reports can have far reaching effects on the side of the borrower. A credit report is used to determine the amount of money that can be lent to you as well as the interest rate that should be charged. A wrong report could result to your loan application being rejected or if it goes through you may be charged very high interest rates. You may also lose a job opportunity if a potential employer notices some suspicious information in your credit report. It is therefore very important to check your credit report as often as possible to make sure the information contained is accurate. When you get your credit report check to ensure the information given by your creditors to the credit bureau is correct. If your creditor passes wrong information to the bureau, this will eventually be reflected in your report. Sometimes creditors give the correct information but the bureau may make mistakes during compilation or posting. Ensure that the personal details provided are correct. These include official names, physical address, phone number as well as identity numbers. Other details that you must look out for include employment history as well as criminal past. If these details are entered wrongly they can have devastating effects especially to a job seeker.

If you notice anomalies in your credit report it is wise that you have them corrected right away. The following are few tips that will help you when you want to have a wrong credit report corrected.

a) Report

Immediately you notice mistakes in your report, notify your credit bureau to that effect by writing. Send an official mail or email notifying them of the errors you have noticed in your report. Follow up the mail by either making a call or personally visiting the bureau to ensure they have received your complaint.

b) Evidence

If you have disputes about various issues in the report, it is wise that you prove using valid documents. These include banking slips, bank statements, and academic certificates and even court documents. If you find some wrong details do not just dispute. Prove your case using the relevant documents. Remember you should never send original documents. Always make photocopies of the documents you want to use as evidence.

c) Correct Report

After your concerns have been addressed, ensure that a new correct credit report is prepared. It is your right to get a copy of the revised credit report so that you verify that corrections were done.