! in 20 American consumers had mistakes on their credit report that would have affected their interest rates on loans or caused them to pay more for insurance according to a survey released Monday by the Federal Trade Commission.
The leading consumer credit reporting agencies are Experian, Equifax and Trans Union. The FTC recommends everyone check three reports annually.
Some 26% percent of consumers found a mistake in one of three credit reports credit reports.
The survey was done by 1001 people and 2968 credit reports were requested.
I know a while back I checked into my D&B report and found someone had filed a late pay for me without my knowledge and never took it off. It got corrected.
Scott Hauge
President
Small Business California
2311 Taraval Street
San Francisco, CA 94116
shauge@cal-insure.com
415-680-2188
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