Nearly 8 out of 10 credit reports have errors like wrong late payments or accounts that aren't yours. These mistakes can tank your score and cost you higher interest rates or denied loans. Daniel Rosen explains how to dispute them.
You should never ignore an error on your credit report. There are some errors in life that it's okay to overlook, but ignoring these would be a huge mistake. Even minor errors can have a huge impact on your credit score and they are super common. Nearly 8 out of 10 credit reports have an error on them. I'm talking about incorrect late payments, wrong account balances or accounts that don't belong to you. These can drag your score down and cost you with higher interest rates, even loan denials. Once you get your head out of the sand and take a look at your credit report for mistakes then you gotta dispute them. Which sounds complicated but it really isn't. In fact I just launched a really helpful five day challenge with everything you need to know to fix your credit and even make some money. Plus it's free. I really hope to see you in the next challenge.
