New York Consumer Law Blog

Friday, August 12, 2016

Credit Report Errors

Most people know that maintaining their credit score in good standing is crucial to their financial health.  After all,  their credit score can have a significant impact on many aspects of their life. Credit scores can affect a person’s ability to buy a home, car, insurance, and may even affect their ability to obtain employment. However, what most people do not know is that credit reporting agencies (CRAs) and credit furnishers often make a multitude of mistakes when recording a credit score and credit report. These mistakes often remain uncorrected despite the CRAs being informed of the error.


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