A Step-By-Step Guide to Disputing Credit Report Mistakes

The information in your credit reports is whats used to create your credit scores, so you dont want to let mistakes on your credit reports potentially throw your credit scores out of whack. An FTC study released today shows that one in five consumers have errors on their credit reports and 5% of consumers have errors serious enough that they could result in less favorable loan terms. If they dont, they are potentially putting their pocketbooks at risk.

Heres how to dispute credit report mistakes, step-by-step.