How Common Are Credit Report Mistakes?

The importance of having an accurate credit report can scarcely be overstated. Having a good credit score can affect your life in numerous ways, including determining how easy it will be for you to obtain a mortgage or buy a car. If you are concerned about your low credit score, you should be aware that credit reports are not always accurate.

In fact, a recent government study indicates that as many as 1 out of every 5 Americans have errors in their credit reports, with about half of those mistakes being extremely serious. As this report from CBS News reveals, it can be difficult to correct a faulty credit report. If you have a credit report dispute, it’s important that you contact an experienced credit report attorney near Ashburn.