Credit Report Errors


Are You among the 1 Out of 5 People who have an error?

According to the Federal Deposit Insurance Corporation (FDIC), 20% of Americans have a mistake on their credit report. According to the FDIC, “incorrect or outdated negative information on a credit report can adversely affect a consumer’s ability to borrow money under the most favorable terms, so it is important to make sure the information is correct.”

Examples of credit reporting errors may include:

  • Incorrect or outdated information
  • Missing loan payments
  • Incorrect Social Security numbers
  • Reporting on individuals with similar names or addresses

Under federal law, a consumer is entitled to one free report every 12 months from each of the three major credit bureaus - Equifax, Experian, and TransUnion.

Visit the Useful Links section of the ERSGA website for links to the credit bureaus to take control of your credit history today! Click here.