One of the most important things you can do to protect your credit – especially now – is to check your report regularly. Equifax, Experian and TransUnion are making every consumer’s personal credit report available for FREE on a weekly basis through April 2021. To get a free copy of your report just go to https://www.annualcreditreport.com. Once you get your report, then what?
Review for accuracy.
First, ensure that all your personal information is accurate. If you find any discrepancies be sure to contact the credit bureaus right away to request the changes that need to be made.
Second, review the activity on your report — loans and payment history, as well as any applications for a loan or credit card that you have submitted — and make sure everything is correct. If you spot any errors, you’ll need to contact the company that reported the payment or application activity to make sure they fix it.
Filing a dispute.
If you find an error on your report that results in a dispute with the company reporting it, you need to file a dispute claim with one of the credit bureaus right away. The credit bureau will take steps to resolve the issue if you’re able to provide documentation of your claim. More information about how to file a dispute is available at Federal Trade Commission’s Consumer Information website, and the Consumer Financial Protection Bureau’s website.
To file a dispute with any of the three credit reporting agencies, the websites to visit are:
- Equifax – www.equifax.com/CreditReportAssistance
- Experian – www.experian.com/acrdispute
- TransUnion – https://dispute.transunion.com
When all looks good…
If everything on your report looks good, make sure that any additional activity that can help your credit score is being reported, such as your rent payments. Paying your rent on time every month is not automatically reported like other bills you pay. To do this, contact RentReporters to subscribe and we’ll work with your landlord on your behalf to get the process started. As part of our service, we’ll help you see how your rental payments affect your credit score by providing your TransUnion Vantage credit score for free every month. Find out more at https://www.rentreporters.com/price/.
In our next post, we’ll cover what to do if you think you’re a victim of fraud, and other steps to take to help raise your score. We’re here to help you in all ways possible.