The three national credit reporting companies (CRCs) receive and manage literally billions of pieces of credit use data each year, reported from 13,000 different sources. The following chart illustrates the immense volume of data regularly flowing in and out of the CRCs.
Given this incredible volume of data provided by lenders to the CRCs, there are times when the information reported about your credit activities may be inaccurate.
Click any of the following logos to go directly to the pages on the CRC websites that explain the process for correcting information in your credit files.
Check your credit scoring knowledge with this helpful 20-question quiz.
There are lots of commonly held myths about correcting credit reporting errors. Make sure you know the truth.